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Additional details
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$2,350,000
Est. payment /mo
6 Beds
4 Baths
3,031 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,031 sqft
Price per Sqft $775
MLS Listing ID CRSB26007753
Bedrooms 6
Full Baths 4
Year Built 1920
Lot Size 5,415 Sqft
Property Sub-Type Triplex
Source California Regional MLS
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
Exterior
Pool None
View Other, City Lights
Building
Water District - Public
Others
Tax ID 4287007004
Special Listing Condition Not Applicable
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