3017 4th, Santa Monica, CA 90405
Fourplex · 2 recorded sales since 2026
Sold July 2026
Listing Agent: Brett Lyon (DRE #01717818) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 3107801899 · Bought with: John Stiegler II · Lyon Stahl Investment Real Estate, Inc. · MLS #SB26062867 · Source: CRMLS
How this sale compares
3017 4th sold for $2,340,000 in July 2026, 4.5% under its $2,450,000 list price, after 45 days on the market. That works out to $693 per square foot on 3,379 square feet. Across 130 closed sales in 90405 over the last 12 months, the median sold price is $2,002,500 and the median is $1,102 per square foot, 59% above this sale's $693.
| Quarter | Closed sales in 90405 | Median sold price |
|---|---|---|
| Q1 2026 | 9 | $2,105,000 |
| Q2 2026 | 60 | $1,896,293 |
| Q3 2026 | 58 | $2,225,500 |
| Q4 2026 | 3 | $2,005,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90405
Description
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.
Listing description from the July 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 3017 4th
3115 6th Street 4: Sold $993,125 · 2 bd · 2 ba · 1,110 sqft · Sep 2026 · 0.1 mi
2922 Highland Avenue: Sold $1,884,415 · 4 bd · 4 ba · 2,076 sqft · Jul 2026 · 0.2 mi
Compass | DRE #01737570
Buyer's agent: Orlando Ravelo, Real Broker | DRE #018596352807 3rd Street 6: Sold $1,729,000 · 2 bd · 3 ba · 1,441 sqft · Jul 2026 · 0.2 mi
The Condo Experts | DRE #01965604
Buyer's agent: Susana Miller, Compass | DRE #014150023214 Highland Avenue 2: Sold $2,340,000 · 2 bd · 3 ba · 1,760 sqft · Jul 2026 · 0.2 mi
The Oppenheim Group, Inc. | DRE #02138268
Buyer's agent: Navin Megji, Resident Group | DRE #019748953214 Highland Avenue 4: Sold $2,400,000 · 3 bd · 3 ba · 1,963 sqft · Jul 2026 · 0.2 mi
The Oppenheim Group, Inc. | DRE #02138268
Buyer's agent: Navin Megji, Resident Group | DRE #01974895212 Marine Street 203: Sold $1,700,000 · 2 bd · 2 ba · 1,730 sqft · Jul 2026 · 0.2 mi
Zacuto Group | DRE #01377441
Buyer's agent: Michael Kayem, Estate Properties | DRE #01320892633 Navy Street: Sold $1,450,000 · 2 bd · 1 ba · 689 sqft · Aug 2026 · 0.2 mi
eXp Realty of California, Inc | DRE #00958114
Buyer's agent: Janet Heinzle, Douglas Elliman of California, Inc. | DRE #02080077212 Marine Street 306: Sold $1,598,000 · 2 bd · 2 ba · 1,320 sqft · Aug 2026 · 0.2 mi
WGRES INC. | DRE #01940458
Buyer's agent: Cynthia Ambuehl, Christie's International Real Estate SoCal | DRE #01821934
Closed sales reported in 90405, nearest first, last 12 months. All recent sales in Santa Monica →