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.
MLS #
CRSB26062867
MLS Source
California Regional MLS
Days on Site
7
Fireplace
None
Laundry
Laundry Area
Cooling
None
Pool
None
Garage/Parking
Garage: 1 Car(s)
Elementary District
Santa Monica-Malibu Unified
High School District
Santa Monica-Malibu Unified
HOA Fee
$0
Listing Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
License #: 01717818
Phone: –
Co-Listing Agent
Woody Stahl
Lyon Stahl Investment Real Est
License #: 01399621
Phone: –
3017 4th is a Quadruplex in Santa Monica, CA 90405. This 3,379 square foot property sits on a 7,512 Sq Ft Lot and features 7 bedrooms & 5 full bathrooms. It is currently priced at $2,450,000 and was built in 1953. This address can also be written as 3017 4th, Santa Monica, CA 90405.
©2026 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of March 30, 2026. For the most current information, please contact Brett Lyon