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2005 4th StreetSanta Monica, CA 90405




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.
| 3 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
Based on information from the The MLS as of 2026-07-27 03:35 AM UTC. 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.
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.
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