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Multifamily at 1014 Pier Avenue
$1,999,000
1014 Pier Avenue
Santa Monica, Los Angeles, 90405
Active · 56 days on market

Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms
2
Building size
2,210 sqft
Lot size
4,813 sqft
Year built
1948
Stories
1
Garage spaces
3
Style
Bungalow
Heating
Natural Gas,Forced Air,Central
Pool
None
View
City Lights
Status
Active
Days on market
56
MLS #
246431738

About 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 new windows throughout as well as new kitchen cabinets. Complete with three spacious bedrooms and one and half baths. This spacious unit comes with generous outdoor areas, including a front yard and patio perfect for entertaining friends or basking in the California sun. The rear unit 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. Don't miss this incredible opportunity to own in one of the best neighborhoods in Santa Monica!

Location

1014 Pier Avenue

Santa Monica, Los Angeles, CA, 90405

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1014 Pier Ave, Santa Monica CA | Multifamily for Sale