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2511 4th Street 1/2Santa Monica, CA 90405

For Sale

$2,350,000

Smart Buyer Rebate $23,500

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 Monica’s most desirable pockets—just off 4th Street and walking distance to the ocean, shops, and dining—the 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 unlimited—bring your contractors and stop by to see it for yourself. For a full marketing & design package, please see the supplementals or contact our team.

Listed by Ryan Versfelt

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License #02212779

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Lyon Stahl Investment Real Estate, Inc.

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310-748-1445

Listed by Robert Sillman

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License #02145409

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Lyon Stahl Investment Real Estate, Inc.

Last updated December 07, 2025

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Source: CRMLS #SB25269298

Listing Facts

  • TypeMulti-family
  • NeighborhoodOcean Park
  • Bedrooms6
  • Bathrooms4
  • Days on Prevu6
  • Size3,031 sqft
  • Price per sqft$775

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/04/2025
Listed by Lyon Stahl Investment Real Estate, Inc.
$2,350,000

Property Details for 2511 4th Street 1/2

Association

Amenities

  • Community Features: Biking, Dog Park, Sidewalks

Exterior

Construction

  • Number Of Units Total: 3
  • Property Attached: Yes
  • Roof: Asphalt
  • Stories: 2
  • Stories Total: 2
  • Structure Type: Triplex
  • Year Built: 1920
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: Front/Back

Features

  • Direction Faces: West

Measurements

  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,419
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,419
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 4287007004

Interior

Features

  • Fireplace Features: Family Room
  • Fireplace: Yes
  • Interior Features: Balcony

Measurements

  • Living Area: 3,031
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 6
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1

Other

Location

  • Tax Block: 1
  • Tax Lot: 4

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Open Parking Spaces: 2
  • Parking Features: Door-Multi, Driveway, Garage, On Site, Off Street, Paved, Garage Faces Rear
  • Parking Total: 4

Schools

High School

  • High School District: Santa Monica-Malibu Unified

Utilities

Equipment

  • Cooling: See Remarks
  • Has Cooling: Yes
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 6 bedrooms and 4 bathrooms in this multi-family home at 2511 4th Street 1/2.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 2511 4th Street 1/2.

How does 2511 4th Street 1/2 compare to other multi-family homes in Ocean Park?

This multi-family home is listed 36% below the average price for multi-family homes in Ocean Park and has been on the market for 45 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,031 sqft.

2511 4th Street 1/2 is a 6-bedroom, 4-bath multi-family home for sale in Santa Monica CA 90405. On Prevu for 6 days at $2,350,000. This property features 3,031 square feet of living space, located in Ocean Park. The median listing price for multi-family homes in this area is $1,997,298. Property amenities include parking. Explore more multi-family home listings in Santa Monica.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.