1014 Pier Avenue, Santa Monica, CA 90405

$2,100,000 Asking Price

5 beds
3 baths
1,942  sqft
Built in 1948

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!


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

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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