631 Pier Avenue, Santa Monica, CA 90405

  • $2,995,000
631 Pier Avenue
ResidentialIncome Active
631 Pier Avenue, Santa Monica, CA 90405
631 Pier Avenue
  • $2,995,000

Overview

Property ID: HZ26837951
  • 6
  • Bedrooms
  • 5
  • Bathrooms
  • 2850
  • Sq Ft
  • 4
  • Garages
  • 1961
  • Year Built

Description

631 Pier Ave presents a rare opportunity to acquire a thoughtfully maintained split-level four-unit property in the heart of Santa Monica’s coveted Ocean Park neighborhood. The property features an attractive unit mix of two 2-bedroom units, one 1-bedroom unit, and one studio unit, offering strong in-place income with additional upside through lease-up and future rental growth. Unit #3 is currently vacant, creating an exceptional opportunity for an owner-user, investor, or potential live/work setup in one of the Westside’s most sought-after coastal communities. Originally built in 1961 and carefully improved over the years, the property includes mini split A/C systems throughout all units, updated decking, refreshed interiors, new flooring, upgraded finishes, and the rare convenience of four private garages with additional off-street parking an increasingly hard-to-find amenity in Santa Monica’s coastal neighborhoods. Several units feature abundant natural light, open layouts, private outdoor spaces, and seamless indoor-outdoor living, while the split-level design adds architectural character and a unique sense of separation and flow throughout the property. Beyond the investment fundamentals, the property offers a uniquely serene atmosphere framed by mature landscaping cultivated over decades of ownership, including towering palm trees, lush podocarpus greenery, vibrant bougainvillea, mature fig vines, and a beautiful pomegranate tree woven throughout the hillside gardens. Tucked behind greenery and moments from Main Street, Rose Avenue, Abbot Kinney, Lincoln Blvd, and the beach, 631 Pier Ave offers a rare blend of stable income, lifestyle appeal, and long-term appreciation potential in one of Los Angeles’ most desirable rental markets. Subject to Santa Monica rent control, the property offers stable in-place tenancy with additional upside through the vacant owner-user unit. Seller may consider carrying a first trust deed for qualified buyers, creating a rare financing opportunity in today’s market.

  • Address Pier
  • City Santa Monica
  • State/county Los Angeles
  • Zip/Postal Code 90405

Details

Updated on June 5, 2026 at 10:08 am
  • Property ID: HZ26837951
  • Price: $2,995,000
  • Property Size: 2850 Sq Ft
  • Bedrooms: 6
  • Bathrooms: 5
  • Garages: 4
  • Year Built: 1961
  • Property Status: ResidentialIncome
  • Listed by: Josh Flynn
  • DRE #: 01985199
  • Contact Mail: josh@pardeeproperties.com
  • Brokered by: Pardee Properties

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