28
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$2,350,000
Est. payment /mo
6 Beds
4 Baths
3,031 SqFt
New
2509 4th Street Santa Monica, CA 90405
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Key Details
Property Type Condo
Sub Type All Other Attached
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
Year Built 1920
Lot Size 5,415 Sqft
Property Sub-Type All Other Attached
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 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.
Location
State CA
County Los Angeles
Direction 4th & Ocean Park Blvd
Interior
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View Other/Remarks, City Lights
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Senior Community No
Tax ID 4287007004
Acceptable Financing Cash, Conventional, Exchange, FHA, VA, Cash To New Loan
Listing Terms Cash, Conventional, Exchange, FHA, VA, Cash To New Loan
Special Listing Condition Standard
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.
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