3017 4th, Santa Monica, CA 90405
- $2,340,000
- 7
- BD
- 5
- BA
- 3,379
- SqFt
- Sold Price
- $2,340,000
- List Price
- $2,450,000
- Closing Date
- Jul 07, 2026
- Status
- CLOSED
- MLS#
- SB26062867
- Year Built
- 1953
- Bedrooms
- 7
- Bathrooms
- 5
- Living Sq. Ft
- 3,379
- Lot Size
- 7,512
- Acres
- 0.17
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 44
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- Two Levels
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.
Additional Information
- Pool Description
- None
- Cooling Description
- None
- View
- None
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- School District
- Santa Monica-Malibu Unified
- Attached Structure
- Attached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Brett Lyon (Broker@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by John Stiegler II from Lyon Stahl Investment Real Estate, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.