2005 4th St, Santa Monica, CA 90405
See all 21 photos
2005 4th St, Santa Monica, CA 90405
2005 4th St, Santa Monica, CA 90405
2005 4th St, Santa Monica, CA 90405
2005 4th St, Santa Monica, CA 90405
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,195,000
Est. payment /mo
Save
Active

2005 4th St Santa Monica, CA 90405

3 Beds

3 Baths

1,584 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,584 sqft

Price per Sqft $1,385

MLS Listing ID 26850083

Bedrooms 3

Year Built 1924

Lot Size 5,328 Sqft

Acres 0.1223

Property Sub-Type Multi-Family

Property Description

SWEET! THREE CLASSIC 1924 Bungalow Cottages from the times when Old Hollywood would drive across open land to get to the 'beach town' of Santa Monica. Not on the market in 57 YEARS. The play: Restore Cottages & Rent Short Term and add a 4th junior ADU for MASSIVE CASH FLOW (no Tenant occupancy for 57 years, so no low-income or rent-control issues), OR Build 4 New Condos (COMPS & zoning analysis written by architect from Santa Monica Architectural Review Board attached, exceptions for lot width can apply ~call) OR build a larger 3+ story building (some restrictions would apply). Per architect, 3 New Units of 1750 +/- sq ft each can be built on the lot, plus the Jr ADU (Do your own research & investigations ~ don't rely on statements here ~ and RECOGNIZE the Opportunity). Alley access to the rear of the lot for parking access. A Condo one block away sold for $2.5M last year (see 1919 4th Ave). Excellent PENCIL POTENTIAL. 4 BLOCKS TO BEACH & Prime Main Street, DTSM very close, PCH & 10 access at your fingertips! See attached DOCS; Interested parties are not to rely on statements from this listing as to viability of future projects; all are directed to make their own investigations.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMOP2*

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features Other

Garage Spaces 3.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Coldwell Banker Realty
Gabriel Carrasco

Gabriel Carrasco

Agent | License ID: DRE# 02229520

+1(424) 422-6029

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

2005 4th St