Tracey Becker
Compass
(424) 374-2804
111 Total Sales
5 in Ocean Park
$1M - $2.8M Price Range
3017 4th St Santa Monica, CA 90405
Ocean Park Neighborhood
7
Beds
5
Baths
3,379
Sq Ft
7,512
Sq Ft Lot
About This Home
As of July 20263017 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.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 3107801899 License #01717818 Listed on: 03/23/2026
Co-Listed By
Lyon Stahl Investment Real Est Brokerage Phone: 3107801899 License #01399621
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 7,512 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,379 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Full Bathrooms
Listing and Financial Details
- Legal Lot and Block 26 / I
- Tax Tract Number 1
- Assessor Parcel Number 4287027003
- $1,393 per year additional tax assessments
- Seller Considering Concessions
Community Details
Recreation
- Bike Trail
Building Details
- 2 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $5,069
- Maintenance Expense $6,896
- Other Expense $3,400
- New Taxes Expense $30,886
- Operating Expense $46,851
- Gross Income $167,232
- Net Operating Income $120,381
Additional Features
- 4 Units
- Laundry Facilities
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ocean Park, CA
-
Tracey Becker
-
Sheila Hume
Sheila Hume
Compass
(424) 391-8089
19 Total Sales
1 in Ocean Park
$1,452,000 Price
-
Matthew Isbell
Matthew Isbell
Compass
(424) 380-7615
49 Total Sales
1 in Ocean Park
$1,999,000 Price
-
Marc de Longeville
Marc de Longeville
Sotheby's International Realty
(424) 227-5692
36 Total Sales
2 in Ocean Park
$770K - $775K Price Range
-
Philipp Schaedler
Philipp Schaedler
Exp Realty of California Inc.
(424) 286-5095
5 Total Sales
1 in Ocean Park
$899,275 Price
-
Michelle Martino
Michelle Martino
KW Westside Estates
(213) 799-4737
17 Total Sales
1 in Ocean Park
$1,600,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2026 07/07/26 | Sold | $2,340,000 | -4.5% | $693 / Sq Ft |
| 05/07/2026 05/07/26 | Pending | -- | -- | -- |
| 03/23/2026 03/23/26 | For Sale | $2,450,000 | -- | $725 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
Brett Lyon
Seller's Agent in 2026
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
1 in this area
133 Total Sales
-
Woody Stahl
Seller Co-Listing Agent in 2026
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
1 in this area
143 Total Sales
-
Johnnie Stiegler
Buyer's Agent in 2026
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
(310) 606-0939
1 in this area
101 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB26062407
APN: 4287-027-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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