Properties

Santa Monica, CA 90405 3017 4th

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Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899
  • MLS# SB26062407
  • 03/23/2026
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  • Baths • 1
  • SQFT • 3,379
  • Garage • 3

Home Details

3017 4th Street presents a well-located 4-unit multifamily investment opportunity in the highly sought-after Ocean Park neighborhood of Santa Monica. Situated on a 7,512 SF lot, the property offers approximately 3,379 SF of rentable space and features a desirable unit mix consisting of (1) 3-Bed/2-Bath Townhome, (1) 2-Bed/1-Bath, and (2) 1-Bed/1-Bath units. The rear unit is a spacious 2-story townhome that includes a private backyard patio, providing a highly desirable living environment and strong tenant appeal. The property also offers immediate upside allowing an investor to achieve market rents or an owner-user to occupy a unit while generating income from the remaining units. With solid in-place income and clear rental upside, the property operates at a 4.91% CAP rate with the potential to reach a 6.25% pro forma CAP. Located just blocks from the beach and within close proximity to Main Street and Rose Avenue, 3017 4th Street benefits from strong rental demand in one of the most supply-constrained coastal submarkets in Los Angeles, making it an attractive opportunity for both investors and owner-users.
Presented By: Brett Lyon with Lyon Stahl Investment Real Estate, Inc.; 3107801899

Interior Features for 3017 4th

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesInside
Total Stories2

Other Rooms

Entry Level1

General for 3017 4th

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.91
CitySanta Monica
Community FeaturesBiking
CountyLos Angeles
DirectionsNear the corner of 4th Street and Marine Street
Entry Location1
Garage Spaces3
Garage Y/NYes
Gross Income
Insurance Expense5069
Land Lease Y/NNo
LevelsTwo
Listing TermsConventional
Lot Size Square Feet7512
Lot Size UnitsSquare Feet
MLS AreaC14 - Santa Monica
MaintenanceExpense6896
Net Operating Income120381
New ConstructionNo
Number Of Units Total4
Number of Units Leased2
Operating Expense46851
Pool FeaturesNone
PostalCitySANTA MONICA
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot26
Taxes$30,886
Total Actual Rent14367
Trash Expense0
Water Sewer Expense0
Year Built1953
Year Built SourcePublic Records
ZoningSMOP2

Exterior for 3017 4th

Building Area Total3379
Lot Features2-5 Units/Acre
Lot Size Acres0.1725
Lot Size Area7512
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Private PoolNo
Total Parking3
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,450,000
MLS#SB26062407
List Date 03/23/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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