631 Pier Avenue, Santa Monica, CA 90405 (MLS # 26837951)

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PRICE $2,995,000 dsIDX morgage calculator
BEDS 6
BATHS 5
HOME SIZE 2,850 sqft
LOT SIZE 5,498 sqft

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
MORTGAGE CALCULATOR
   

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Listed with Pardee Properties

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