Active

631 Pier Avenue

Santa Monica, CA 90405
Mark as Favorite
Bed 6

Bed

Bath 5

Bath

SqFt2,850

Sqft

SqFt5,496

Sqft(Lot)

Seller may consider carrying a 1st TD at 5.5%-6% interest only, no prepayment penalty for 5 years, with 30%+ down for qualified buyers. 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, currently generating approximately $201,000 in annual gross income while offering additional upside through future rental growth. 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. Seller may consider carrying a first trust deed for qualified buyers, creating a rare financing opportunity in today's market.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,995,000

AD Id : 79433579

MLS Id : 26837951

Beds : 6

Lot Size : 5,496 Sqft

Living Area Size : 2,850

Year Built : 1961

Garage : 4

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 5

    Flooring Information

    Bamboo
  • Interior Features

    Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, RangeHood, Dryer, Washer
    Laundry Features: CommonArea, SeeRemarks
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1961
    Building Area Total: 2850
    Construction Materials: Other
    Stories: 1
    Patio And Porch Features: Enclosed, Open, Patio, Rooftop
    Pool Features: None
    Private Pool: No
    View: CityLights, Hills

  • Lot Information

    Main Square Feet: 5496 Lot Size Acres: 0.1262 Lot Size Square Feet: 5,496 Lot Description: Landscaped,Yard

  • Listing Price Information

    Listing Price: $2995000

  • Tax Information

    Parcel Number: 4287029016

  • Parking Information

    Parking Total: 7 ControlledEntrance, Driveway, Garage, GarageDoorOpener, Uncovered

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: From Lincoln Blvd, head west on Pier Ave. Property is located between 6th St and 7th St in Santa Monica.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2521 33rd Street, Santa Monica, CA, 90405 $2,495,000 2 1 1,571 1,571 SqFt
2519 31st Street, Santa Monica, CA, 90405 $1,995,000 3 3 1,812 1,812 SqFt
2312 32nd Street, Santa Monica, CA, 90405 $2,099,000 3 2 1,361 1,361 SqFt
2302 32nd Street, Santa Monica, CA, 90405 $2,075,000 6 -- 3,492 3,492 SqFt
2711 Pico Boulevard, Santa Monica, CA, 90405 $5,990,000 18 -- 9,926 9,926 SqFt
2404 Ocean Park Boulevard, Santa Monica, CA, 90405 $1,295,000 2 -- 1,122 1,122 SqFt
2404 Ocean Park Boulevard, Santa Monica, CA, 90405 $1,295,000 2 3 1,122 1,122 SqFt
2402 Ocean Park Boulevard, Santa Monica, CA, 90405 $1,395,000 5 -- 1,940 1,940 SqFt
2402 Ocean Park Boulevard, Santa Monica, CA, 90405 $1,395,000 5 4 1,940 1,940 SqFt
2222 Pier Avenue, Santa Monica, CA, 90405 $3,125,000 5 3 2,814 2,814 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/29/2026 @ 01:35

MLS: 26837951 LISTED BY: Josh Flynn, Pardee Properties 310-907-6517 SOURCE: CRMLS

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