$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 1 month 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:
May 20, 2026 at 7:11AM
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

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