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631 Pier Ave
Santa Monica, CA 90405 Ocean Park

$2,995,000 USD

Apartments For Sale  •  2,850 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,850 SF
  • Lot Size 0.13 AC
  • Building Class C
  • Year Built 1961
  • Zoning SMPO2
50 Transit Score
70 Walk Score

Highlights

Seller financing available at 5.5% interest only, five-year term, no prepayment penalty, 30% down
100% leased four-unit generating $201,000 in gross annual income
Potential ADU conversion opportunity (buyer to verify); four private garages plus driveway parking

Amenities

  • Laundry Facilities
  • Storage Space
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
Los Angeles International 14 min - 7.4 mi
Bob Hope 34 min - 23.2 mi
Long Beach (Daugherty Field) 36 min - 26.6 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 4
Type: Reserved
Included in Rent: Yes
Josh Flynn 917-972-5373 Pardee Properties
Josh Flynn 917-972-5373 Pardee Properties