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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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631 Pier Avenue Santa Monica, CA 90405
$2,995,000 6 beds, 5 baths
2, 850 sqft
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San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
619-294-3113
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26837951
List price is $2,995,000
Beds: 6
Baths: 5
None fireplaces
Built in 1961
2,850 sqft
1 story
0.13 acres
Lot size: 0.1262
County: Los Angeles
Property style: Contemporary
Zoning: SMOP2*
Construction: Other
Appliances: Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,Range Hood,Dryer,Washer
Parking description: Controlled Entrance,Driveway,Garage,Garage Door Opener,Uncovered
Lot description: Landscaped,Yard
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C14 - Santa Monica

Last Updated: 6/18/2026

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This listing belongs to the C14 - Santa Monica MLS area

The style of this listing is Contemporary.
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Lat/Long: 34.002779, -118.475428.
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Listing Agent: Josh Flynn
Co Listing Agent: Keri Rose Clifton
Lic#: 01985199
Broker: Courtesy of Pardee Properties

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

Photo of  San Diego Central office
San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
619-294-3113
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