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30
Photos
1014 Pier Avenue, Santa Monica, CA 90405
$1,999,000 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
3
baths
2,210
sqft
Built in
1948
SIGNIFICANT PRICR REDUCTION!! Schedule your showing now! 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. This property is subject to rent control laws with the City of Santa Monica, but the property is subject to exemption as it is less than three units. For those considering owner occupancy of either unit the attached documents outline the Santa Monica rent control laws. As long as the owner lives in one of the units, the other unit can be rented at market rate. Should the tenants not want to accept the market rate on the rent, they can elect to take a $36,600 tenant relocation fee (non-negotiable) with a 60-day eviction notice. 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! If you have questions please do not hesitate to reach out via text to LA1 - Eric Hartnack
Features & Amenities
Interior
- General:
- Recessed Lighting
- Appliances:
- Dishwasher,Gas Cooktop,Disposal,Gas Oven,Microwave,Refrigerator,Washer
- A/C:
- true, Central Air
- Heating:
- true, Central,Forced Air,Natural Gas
- Fireplace:
- Fireplace
Exterior
- General:
- None
- Style:
- Bungalow
- Pool:
- None
- Parking:
- Parking spaces: 3
Construction
- General:
- Stucco, 1, Raised
Location
- Originating MLS:
- CRMLS
- School District:
- Santa Monica-Malibu Unified
- County:
- Los Angeles
Lot
- Zoning:
- SMR2*, 4285029021
- View:
- City Lights, View
- Fencing:
- Wood,Wrought Iron
Financial
- Source:
- CRMLS
This listing courtesy of:
Compass, Eric Hartnack
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Santa Monica, CA
Housing
- Number of Units
- 51,540
- Median Home Value
- $1,075,221
- Median Rent
- $1,791
71.62% of housing units are renter occupied.
9.73% are vacant.
Commute
- Car
-
43.09%
- Public Transportation
-
2.14%
- Walk to Work
-
4.12%
- Work from Home
-
47.68%
- Other
-
0.66%
The median travel time to work is 15 minutes.
People
- Population
- 93,621
- Median Age
- 41.10
- Median Household Size
- 2.18
Education
- High School
-
7.79%
- Associate’s Degree
-
5.28%
- Bachelor’s Degree
-
39.05%
- Graduate Degree
-
30.20%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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