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Triplex Property with Alley Access
For Sale
$2,195,000

2005 4th St, Santa Monica, CA 90405

Three 1924 bungalow cottages near Santa Monica’s Main Street with alley access to the rear for parking.

Days on Market45

Property Features for 2005 4th St

General Information

Standard status Active
Property subtype MULTI_FAMILY

Additional Details

Highway Access Yes

Building Details

Building Size 1,584 SF
Year Built 1924
Buildings 3
Listing Agency: Coldwell Banker Realty
Listed By: Suzette Kitselman · License #00715435
Source: Rochellemaize
Added: Jun 19 Changed: Jul 31 Last Checked: Aug 2 at 12:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This Santa Monica triplex property features three classic 1924 bungalow cottages. The offering includes alley access to the rear of the lot for parking access. The current build date is 1924.

The property is located at 2005 4th St, Santa Monica, CA 90405, described as about four blocks to the beach and close to Main Street and downtown Santa Monica, with PCH and 10 access nearby.

Architect notes in the provided materials describe potential redevelopment scenarios. Per the architect, three new units of 1,750 +/- sq ft each can be built on the lot, plus a junior ADU. The materials also discuss the possibility of adding a fourth junior ADU or pursuing other redevelopment options; interested parties are directed to conduct their own investigations regarding viability and any applicable restrictions.

Key Highlights

  • Three classic 1924 bungalow cottages
  • Alley access to the rear for parking access
  • About four blocks to the beach

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Butcher Clothing & Fashion Store Grocery & Convenience Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,359
Businesses Nearby

Demographics for 90405, CA

27,966
Population
15,726
Households
1.8
Avg Household Size
43
Median Age
70%
College-Educated
96%
High-School Grad
2.8 sq mi
ZIP Area
9,988
Density / Sq Mi
$114,489
Median Household Income
$84,727
Median Earnings
$2,311
Median Rent
$1,940,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three 1924 bungalow cottages near Santa Monica’s Main Street with alley access to the rear for parking.
Where is this triplex located?
The property is located at 2005 4th St Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: Three classic 1924 bungalow cottages; Alley access to the rear for parking access; About four blocks to the beach
More about this property
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