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1014 Pier Ave, Santa Monica, CA 90405

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For Sale

$2,100,000

5 beds • 2,210 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $950.23
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Enchanting Duplex in the Heart of Sunset Park discover the allure of Santa Monica living in the highly coveted neighborhood, just a leisurely stroll from the restaurants and shops of Lincoln Boulevard, Abbot Kinney, Rose Ave, and Main Street, Santa Monica. The beach is less than a mile away!Two stand-alone homes each with their own private yard sit on this spacious 4,800 SF lot. Live in one unit while enjoying rental income from the other. Enter through the front gate and find yourself amongst the lush mature trees and foliage providing a truly serene and peaceful setting. The front house has two bedrooms and one bath, with hardwood floors throughout. This inviting home features a spacious open living and dining area, perfect for relaxation. Enjoy your own tranquil front yard retreat, ideal for morning coffee or quiet evenings under the stars.The rear home has three spacious bedrooms and one and half baths. This spacious unit comes with generous outdoor areas, including a front yard and patioperfect for entertaining friends or basking in the California sun. This unit is currently vacant, it presents an exciting opportunity with a projected market rent of $6,000.A four-car garage (800 SF) awaits your creative touch, offering potential for conversion into an additional unit. For those considering owner occupancy of the front unit the attached documents outline the Santa Monica rent control laws which indicate a $36,600 tenant relocation fee with a 60-day notice required. Please refer to the attached documents from the City of Santa Monica for further details.Don't miss this incredible opportunity to own in one of the best neighborhoods in Santa Monica!
MLS# 24-445315

Courtesy Of Compass

(310) 437-7500

Open Houses

November

17

Sunday

In Person

Sunday, November 17, 2024

12:00PM - 2:00PM

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Appliances
    Cooktop, Cooktop - Gas
  • Architecture Style
    Bungalow
  • Floor Covering
    Laminate, Wood
  • Heating System
    Central Furnace
  • Lot Size
    0.11 Acres
  • Rooms
    Living Room
  • View Type
    City

Map and Directions

Directions to 1014 Pier Ave, Santa Monica, CA 90405

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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