1014 Pier Ave Santa Monica, CA 90405
Open House:
Sunday, Dec 22, 2024 from 2:00 PM - 4:00 PM
| Property type: | Single Family Residence |
| MLS #: | 24-438063 |
| Year Built: | 1948 |
| Days On Market: | 50 |
| County: | Los Angeles |
Property Details / Mortgage Calculator / Community Information / Architecture / Features & Amenities / Rooms / Property Features
Property Details
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 HartnackInterested in this Listing?
Miami Residence will connect you with an agent in a short time.
Mortgage Calculator
PURCHASE & FINANCING INFORMATION |
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Community Information
| Address: | 1014 Pier Ave Santa Monica, CA 90405 |
| Area: | SMR2* - Santa Monica |
| County: | Los Angeles |
| City: | Santa Monica |
| Zip Code: | 90405 |
Architecture
| Bedrooms: | 5 |
| Bathrooms: | 3 |
| Year Built: | 1948 |
| Stories: | 1 |
| Style: | Bungalow |
Garage / Parking
| Parking Garage: | Garage - 4+ Car |
Community / Development
Features / Amenities
| Appliances: | Built-In Gas, Cooktop - Gas, Oven-Gas, Microwave, Gas |
| Flooring: | Wood Laminate |
| Laundry: | In Unit, Laundry Area |
| Pool: | None |
| Spa: | None |
| Other Structures: | None |
| Security Features: | Gated |
| Private Pool: | No |
| Private Spa: | Yes |
| Common Walls: | Detached/No Common Walls |
| Cooling: | Air Conditioning, Central |
| Heating: | Forced Air, Natural Gas, Central |
Rooms
| Primary Bedroom | |
| Study/Office | |
| Dining Room | |
| Living Room | |
| Family Room | |
| Garage Apartment | |
| Guest House | |
| Dining Area |
Property Features
| Lot Size: | 4,813 sq.ft. |
| View: | City Lights |
| Zoning: | SMR2* |
| Directions: | One Block East of Lincoln On Pier Avenue, Sunset Park, Santa Monica. Consult Google Maps for directions. |
Tax and Financial Info
| Buyer Financing: | Cash |
Detailed Map
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Active
$ 1,999,000
5%
5 Beds
2 Full
1 ¾
2,210 Sq.Ft
4,813 Sq.Ft
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