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Additional details
Listed by Ryan Versfelt • Lyon Stahl Investment Real Estate, Inc.
$2,350,000
Est. payment /mo
5,415 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25258414
Year Built 1920
Lot Size 5,415 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
Welcome to 2511 4th Street, a FULLY VACANT 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. For a full marketing & design package, please see the supplementals or contact our team.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Interior
Laundry In Laundry Room
Exterior
Parking Features Attached Garage, Garage, Common Parking Area, Off-Street Parking, Other
Garage Spaces 4.0
Pool None
Roof Type 2
Building
Water District - Public
Others
Tax ID 4287007004
Special Listing Condition Not Applicable
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