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About This Home
This 6-bedroom, 5-bathroom residential multi family at 631 Pier Ave in Santa Monica, CA is listed for $2,995,000 ($1,051 per sqft). Built in 1961, the home offers 2,850 sqft of living space on a 0.13 acres lot.
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 inter
iors, 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.
Key Features
- Built in 1961
- 0.13 acre lot
- 2 stories
- 7 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$16,018/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
631 Pier Ave
Santa Monica, CA 90405
Features & Amenities
Interior Features
Property Details
Flooring
Views
Pool Features
Parking
Cooling
Appliances
Questions & Answers
This 6-bedroom, 5-bathroom residential multi family at 631 Pier Ave is listed at $2,995,000 ($1,051/sqft). The estimated monthly payment is $12,978 based on 20% down at 6.5% interest.
Key features include: Built in 1961, 0.13 acre lot, 2 stories, 7 parking spaces. Interior Features: Turnkey, Common Walls.
This property is listed by Josh Flynn and can be reached at 9179725373 or teamcf@pardeeproperties.com.




