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2511 4th St
Santa Monica, CA 90405
Multifamily Property For Sale
·
3 Units
Investment 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
- Prime Location: 5,419 SF lot near the beach, shops, and dining.
- Rent Control Exemption: Owner-users may qualify for an exemption from Santa Monica City rent control
- Strong Upside: Priced at $775/SF with comps at $1,300–$1,500/SF (ARV $4M+)
- 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
Property Facts
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1920 |
| Building Size | 3,031 SF |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 3,031 SF |
| No. Stories | 2 |
| Year Built | 1920 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | 1,714 |
| 1+1 | 1 | - | 500 |
Property Taxes
| Parcel Number | 4287-007-004 | Improvements Assessment | $150,842 |
| Land Assessment | $853,660 | Total Assessment | $1,004,502 |
Property Taxes
Parcel Number
4287-007-004
Land Assessment
$853,660
Improvements Assessment
$150,842
Total Assessment
$1,004,502
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