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Glen Henderson

[email protected] +1(619) 889-7646

$2,350,000

Est. payment - /mo

6 Beds

5,415 Sqft Lot

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Open House

Sun Dec 07, 1:00am - 3:00am

Sat Dec 06, 1:00pm - 3:00pm

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25258414

Bedrooms 6

Lot Size 5,415 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Exchange

Property Type Res Income 2-4 Units

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 Monicas most desirable pocketsjust off 4th Street and walking distance to the ocean, shops, and diningthe 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 unlimitedbring 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

Zoning Assessor

Direction On the east side of 4th St between Ocean Park Blvd and Hollister Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 4287007004

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

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Listed by Ryan Versfelt Lyon Stahl Investment Real Estate, Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

2511 4th Street Santa Monica, CA 90405

Glen Henderson

Open House

Key Details

Location

Interior

Exterior

Building

Others

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