631 Pier Avenue, Santa Monica, CA 90405 (MLS # 26837951)
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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.
| DAYS ON MARKET | 3 | LAST UPDATED | 5/28/2026 |
|---|---|---|---|
| YEAR BUILT | 1961 | COMMUNITY | C14 - Santa Monica |
| GARAGE SPACES | 4.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer |
| AREA | C14 - Santa Monica |
| CONSTRUCTION | Other |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 5497 sq ft |
| LOT DESCRIPTION | Landscaped |
| LOT DIMENSIONS | 5496 |
| PARKING | Driveway, Garage, Garage Door Opener |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | Contemporary |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights, Hills |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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