2511 4th Street, Santa Monica, CA 90405
- 6 beds |
- 4 baths |
- 3,031 sqft
Condominium
Built in 1920
5,419sqft lot
2 car garage
$775/sqft
Listed 24 days ago
Property Description
Welcome to 2511 4th Street, a FULLY VACANT blank canvas ready for an owner-user or savvy investor looking to reimagine a single-family residence with two flexible units. Priced at $775 per square foot, this value-add asset offers significant upside, with renovated comparables exceeding $1,300$1,500 per square foot and an estimated ARV of $4M+. Situated on a 5,419 sq. ft. lot in one of Santa Monicas most desirable pocketsjust off 4th Street and walking distance to the ocean, shops, and diningthe property includes a 1,700 sq. ft., 3-bedroom, 2-bath front home plus two rear units (2BD/1BA and 1BD/1BA), ideal for rental income, guests, or creative use as an office, gym, or studio. An expansive open yard separates the front and rear structures, perfect for entertaining or future enhancements like a pool. Parking includes a driveway, two-car garage, and additional rear space for a total of four spots. For owner-users, the property may qualify for an exemption from Santa Monica rent control. The potential of this property is truly unlimitedbring your contractors and stop by to see it for yourself. For a full marketing & design package, please see the supplementals or contact our team.
- Listing Status:
- Active
- Listing Office:
- Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
- Listing Agent:
- Ryan Versfelt : 310-748-1445
- MLS ID:
- SB25269298
- Pool: N/K
- Parking: GarageGarage - Two DoorParking spaces: 4
- Roofing: Asphalt
- General: 2
- HOA Amenities: 0.0
- Originating MLS: California Regional MLS
- County: Los Angeles
- Zoning: 4287007004
- View: Other/Remarks
- Water: Public
- Sewer: Public Sewer
- Source: California Regional MLS
This listing courtesy of Ryan Versfelt, Lyon Stahl Investment Real Estate, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Santa Monica Alternative (K-8)
2525 5th St, Santa Monica, CA, 90405
Grades KG-8
0.06 miles away
Santa Monica Alternative (K-8)
2525 5th St, Santa Monica, CA, 90405
Grades KG-8
0.06 miles away
Olympic High (Continuation)
721 Ocean Park Blvd, Santa Monica, CA, 90405
Grades 9-12
0.24 miles away


