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631 Pier Avenue, 
Santa Monica, CA 90405

$2,995,000


5

Beds


Bath


2,850

Sq Ft


Multi-Family

Active

Listed by

Josh Flynn

Keri Rose Clifton

Pardee Properties

josh@pardeeproperties.com

Last updated:

June 4, 2026, 02:41 AM

MLS#

CL26837951

Source:

Bay East CCAR bridgeMLS

About This Home

631 Pier Avenue

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.

Home Facts

Multi-Family

5 Bedrooms

Built in 1961

Price Summary

2,995,000

$1,050 per Sq. Ft.

MLS #:

CL26837951

Last Updated:

June 4, 2026, 02:41 AM

Added:

7 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Interior

Living Area:

2,850 Sq. Ft.


Structure

Structure

Building Area:

2,850 Sq. Ft.

Year Built:

1961


Lot

Lot Size (Sq. Ft):

5,662


Finances & Disclosures

Finances

Price:

$2,995,000

Price per Sq. Ft:

$1,050 per Sq. Ft.

MLS Logo
Bay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at June 4, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.