Santa Monica, CA 90405,2509 4th ST
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Santa Monica, CA 90405,2509 4th ST
Santa Monica, CA 90405,2509 4th ST
Santa Monica, CA 90405,2509 4th ST
Santa Monica, CA 90405,2509 4th ST
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$ 2,350,000
Est. payment /mo
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2509 4th ST Santa Monica, CA 90405

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 SB26007753

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1920

Lot Size 5,414 Sqft

Property Sub-Type Triplex

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

Rooms

Main Level Bedrooms 3

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry See Remarks

Exterior

Pool None

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

View Y/N Yes

View City Lights

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Dwelling Type Triplex

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Schools

School District Santa Monica-Malibu Unified

Others

Senior Community No

Tax ID 4287007004

Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.
Jennifer Gangawer

Jennifer Gangawer

Team Lead / Realtor® | License ID: 02347486

+1(213) 215-0483

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2509 4th ST