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$2,995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 4 Car Garage
  • Updated 12 hours ago
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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 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 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.

Full Property Details for 631 Pier Ave

General

  • Price: $2,995,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26837951
  • Updated: 5/28/2026
  • Added to Site: 1 day(s) ago

Interior

  • Rooms/Areas: Dining Area, Patio Enclosed, Living Room, Office, Other, Primary Bedroom, Bonus Room, Dining Room
  • Interior Features: Other, Turnkey, Common Walls
  • Cooking Appliances: Oven, Range, Range Hood, Microwave, Gas
  • Flooring: Bamboo, Other, Mixed

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Bathroom Features: Shower Over Tub, Tile, Remodeled

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Community, In Unit, Other

Additional Information

  • Shared Amenities: None
  • Pool Description: None
  • Spa: Yes
  • Spa Description: Above-Ground, Hot Tub
  • Other Features: Shed(s), Other

Exterior

  • Deck/Patio: Enclosed, Open Patio, Roof Top Deck

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Covered Spaces: 4
  • Garage Description: Detached, Garage - 4+ Car, Garage, Garage Is Detached, Driveway, Uncovered, Door Opener, Controlled Entrance

Location

  • Area: Santa Monica
  • County: Los Angeles
  • Driving Directions: From Lincoln Blvd, head west on Pier Ave. Property is located between 6th St and 7th St in Santa Monica.
  • Direction Faces: South

Heating & Cooling

  • Cooling Type: Other, Air Conditioning, Wall/Window
  • Heating Type: Other, Wall

Structural Information

  • # Buildings: 1
  • Architectural Style: Contemporary
  • Exterior Const.: Other
  • Roof: Flat
  • Common Walls: Attached
  • Entry Location: Ground Level w/steps
  • Stories/Levels: 2
  • Square Feet: 2,850
  • Sq. Ft. Source: Title Company
  • Year Built: 1961
  • Year Built Source: Other

Unit Information

  • Units in Complex: 4
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 2
  • Bedrooms: 2

Additional Structures

  • Other Structures: Shed(s), Other

Lot Features

  • Property View: City Lights, City, Tree Top, Hills
  • Lot Size (Acres): 0.1262
  • Lot Size: 5496
  • Lot Size Source: Vendor Enhanced
  • Lot Features: City, Beach Access, Flats, Hillside
  • Zoning: SMOP2*
  • Lot Description: Landscaped, Sidewalks, Street Lighting, Street Paved, Yard, Curbs, Single Lot

Financial Considerations

  • Price Per Sq. Ft.: $1,050.88
  • Assessment Year: 1961
  • Owner Pays: Gardener, Water, Gas
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 4287-029-016

Listed by Pardee Properties, Josh Flynn and Pardee Properties, Keri Rose Clifton

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Listing agents

— 631 Pier Ave —

  • Josh Flynn

    Pardee Properties

  • Keri Rose Clifton

    Pardee Properties

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 631 Pier Ave

School District:Santa Monica-Malibu Unified School District
NameGradesDistance
John Muir Elementary School, Santa Monica, CA
2526 6th Street, Santa Monica, CA 90405
PK-50.4 mi
John Adams Middle School, Santa Monica, CA
2425 16th Street, Santa Monica, CA 90405
6-80.8 mi
Santa Monica High School
601 Pico Boulevard, Santa Monica, CA 90405
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 631 Pier Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/28/2026
Listed
$2,995,000
525.26%
MLS
12/10/1999
Sold
$479,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 631 Pier Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,040
8%
$736,191
4%
2023
$9,272
1%
$707,606
2%
2022
$9,142
3%
$693,732
2%
2021
$8,887
1%
$680,130
1%
2020
$8,824
1%
$673,157
2%
2019
$8,728
7%
$659,959
2%
2018
$8,195
1%
$647,020
2%
2017
$8,149
4%
$634,335
2%
2016
$7,867
1%
$621,898
2%
2015
$7,763
1%
$612,557
2%
2014
$7,685
1%
$600,559
—
2013
$7,638
—
$597,846
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Pardee Properties, Josh Flynn and Pardee Properties, Keri Rose Clifton

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631 Pier Ave, Santa Monica, CA 90405 (MLS# 26837951) is a Multi-Family property with units containing 6 bedrooms and 0 full bathrooms. 631 Pier Ave is currently listed for $2,995,000 and was received on May 28, 2026. Want to learn more about 631 Pier Ave? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.

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