$2,450,000

3017 4th, Santa Monica, CA 90405

  • 7 beds |
  • 5 baths |
  • 3,379 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon7,514sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $725/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

3017 4th Street presents a well-located 4-unit multifamily investment opportunity in the highly sought-after Ocean Park neighborhood of Santa Monica. Situated on a 7,512 SF lot, the property offers approximately 3,379 SF of rentable space and features a desirable unit mix consisting of (1) 3-Bed/2-Bath Townhome, (1) 2-Bed/1-Bath, and (2) 1-Bed/1-Bath units. The rear unit is a spacious 2-story townhome that includes a private backyard patio, providing a highly desirable living environment and strong tenant appeal. The property also offers immediate upside allowing an investor to achieve market rents or an owner-user to occupy a unit while generating income from the remaining units. With solid in-place income and clear rental upside, the property operates at a 4.91% CAP rate with the potential to reach a 6.25% pro forma CAP. Located just blocks from the beach and within close proximity to Main Street and Rose Avenue, 3017 4th Street benefits from strong rental demand in one of the most supply-constrained coastal submarkets in Los Angeles, making it an attractive opportunity for both investors and owner-users.

Listing Status:
Active
Date Added:
March 23, 2026
Data Last Updated:
April 2, 2026 at 7:13AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Brett Lyon : 310-780-1899
MLS ID:
SB26062867
  • A/C: N/K
  • Fireplace: N/K
  • Pool: N/K
  • Parking: Parking spaces: 1
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: 4287027003
  • View: N/K
  • Water: Public
  • Sewer: Public Sewer
  • Source: California Regional MLS

This listing courtesy of Brett Lyon , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John Muir Elementary School

2526 6th St, Santa Monica, CA, 90405

Grades PK-5

0.40 miles away

S

Santa Monica Alternative (K-8)

2525 5th St, Santa Monica, CA, 90405

Grades KG-8

0.41 miles away

O

Olympic High (Continuation)

721 Ocean Park Blvd, Santa Monica, CA, 90405

Grades 9-12

0.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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