CA > Santa Monica
Santa Monica, CA 90405,2509 4th Street
Santa Monica, CA 90405,2509 4th Street
Santa Monica, CA 90405,2509 4th Street
Additional details
Paul Ward

Paul Ward

+1(805) 479-5004
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$2,350,000
Est. payment /mo
6 Beds
4 Baths
3,031 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 3,031 sqft

Price per Sqft $775

MLS Listing ID SB-26007753

Bedrooms 6

Full Baths 4

Year Built 1920

Lot Size 5,415 Sqft

Property Sub-Type Triplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Welcome to 2509 4th Street, 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 Monica's most desirable pockets—just off 4th Street and walking distance to the ocean, shops, and dining—the 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 unlimited—bring your contractors and stop by to see it for yourself.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Interior

Cooling None

Fireplaces Type None

Laundry See Remarks

Exterior

Pool None

Community Features Biking, Dog Park, Fishing, Golf, Hiking, Park, Suburban

View Y/N Yes

View City Lights, See Remarks

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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