2511 4th St - Multi-Family FOR SALE
Santa Monica, CA 90405 |
2511 4th St
Santa Monica, CA 90405
HIGHLIGHTS
- Fully Vacant Opportunity: Front SFR (1,700 SF) 3Bed+2Bath + two rear units (1) 2Bed+1Bath, (1) 1Bed+1Bath — ideal for owner-user or investor
- Strong Upside: Priced at $775/SF with comps at $1,300–$1,500/SF (ARV $4M+)
- Prime Location: 5,419 SF lot near the beach, shops, and dining.
- Flexible Uses: Expansive yard and four-car parking, with rear units perfect for rental income, guests, or creative spaces such as an office/gym/studio
- Rent Control Exemption: Owner-users may qualify for an exemption from Santa Monica City rent control
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY TYPE
Multi-Family
TOTAL BUILDING SIZE
3031
STORIES
2
YEAR BUILT
1920
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
4287-007-004
