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Split-Level Four-Unit Residential Income

631 Pier Ave Santa Monica, CA 90405

631 Pier Ave, Santa Monica, CA, 90405
$2,995,000
For Sale
$2,995,000

Four split-level units include mini-split A/C and four private garages, with updated interiors and decking throughout.

Days on Market54

Property Features for 631 Pier Ave

General Information

Standard status
Active
Property subtype
MULTI_FAMILY

Building Details

Year Built
1961
Listing Agency Pardee Properties
Listed by Josh Flynn · License #01985199
Source Evecap
Added: May 28 Updated: Jul 17 at 2:03 am Checked: Jul 20 at 4:13 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pardee Properties


Investment Insights

Based on property information with market context.

631 Pier Ave is a thoughtfully maintained split-level four-unit residential property built in 1961. The unit mix consists of two 2-bedroom units, one 1-bedroom unit, and one studio unit. Improvements include mini split A/C systems throughout all units, updated decking, refreshed interiors, new flooring, and upgraded finishes, with multiple units featuring private outdoor space and abundant natural light.

The property is located in Santa Monica’s Ocean Park neighborhood and is described as being moments from Main Street, Rose Avenue, Abbot Kinney, Lincoln Blvd, and the beach. Mature, established landscaping is woven throughout the site, including palm trees, podocarpus greenery, bougainvillea, fig vines, and a pomegranate tree within hillside gardens.

A key amenity is the presence of four private garages, along with additional off-street parking. The property is subject to Santa Monica rent control and currently has in-place tenancy. The seller may consider carrying a first trust deed for qualified buyers.

Key Highlights

  • Four‑unit split‑level property built in 1961 in Santa Monica’s Ocean Park neighborhood.
  • Unit mix: two 2‑bedroom, one 1‑bedroom, and one studio; currently about $201,000 in annual gross income.
  • Mini split A/C in all units, plus updated decking and refreshed interiors with new flooring and upgraded finishes.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Butcher Nursing Home Nursing Home Restaurant (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Restaurant Clothing & Fashion Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four split-level units include mini-split A/C and four private garages, with updated interiors and decking throughout.
Where is this quadplex located?
The property is located at 631 Pier Ave Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Four‑unit split‑level property built in 1961 in Santa Monica’s Ocean Park neighborhood.; Unit mix: two 2‑bedroom, one 1‑bedroom, and one studio; currently about $201,000 in annual gross income.; Mini split A/C in all units, plus updated decking and refreshed interiors with new flooring and upgraded finishes.
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