3017 4th, Santa Monica, CA 90405
- 7 beds |
- 5 baths |
- 3,379 sqft
Condominium
Built in 1953
7,514sqft lot
1 car garage
$725/sqft
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
- 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
John Muir Elementary School
2526 6th St, Santa Monica, CA, 90405
Grades PK-5
0.40 miles away
Santa Monica Alternative (K-8)
2525 5th St, Santa Monica, CA, 90405
Grades KG-8
0.41 miles away
Olympic High (Continuation)
721 Ocean Park Blvd, Santa Monica, CA, 90405
Grades 9-12
0.41 miles away

