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511 Pier Ave
Santa Monica, CA 90405

8 Units | Prime Ocean Park Location · Residential Property For Sale · 8 Units

Investment Highlights

  • Built in 1973
  • Approx. 70% Upside in Rents
  • Large Townhouse Style Units
  • Prime Ocean Park Location
  • Balconies with Ocean Views
  • First Time on Market in 25 Years

PROPERTY FACTS

No. Units 8
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 6,999 SF
Average Occupancy 97%
Number of Floors 2
Year Built 1973
Parking Ratio 1.71/1,000 SF

Unit Amenities

  • Balcony

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 6 £1,654 800
2+1 1 £3,409 1,000
Studios 1 £1,130 350

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4287-026-017
Land Assessment
£374,387
Improvements Assessment
£467,984
Total Assessment
£842,371

zoning

Zoning Code R2, Santa Monica
R2, Santa Monica
  • Listing ID: 29521687

  • Date on Market: 14/09/2023

  • Last Updated:

  • Address: 511 Pier Ave, Santa Monica, CA 90405

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