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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.

Agent 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 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

2 stories
5 full
7 spaces
1961

Amenities

ViewSpaA/C

Monthly Cost Estimate

$16,018/mo

20% down · 6.5% · 30 years

Principal$2,166
Interest$12,978
Insurance$874

Estimates only. Actual payments may vary.

Location

631 Pier Ave

Santa Monica, CA 90405

Features & Amenities

Interior Features

TurnkeyCommon Walls

Property Details

Flooring

BambooMixed

Views

HillsCity

Pool Features

DeckPatio

Parking

CoveredGarageDrivewayOpen

Cooling

Wall/Window Unit(s)

Appliances

OvenRangeRange HoodMicrowaveGas

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.

JF

Josh Flynn

Agent at Pardee Properties

(917) 972-5373

Listed by Pardee Properties · View on Broker Site

MLS# 26837951· Source: listhub· Updated 4 days ago

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

631 Pier Ave, Santa Monica, CA 90405

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