1014 Pier Avenue
$1,999,000
5
2
1
2,210
2,210
$905
Listed By Compass
Open: 12/22 02:00PM - 04:00PM
Description
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....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
Listing Agents
Property Details for 1014 Pier Avenue
Water Front
None
ZoningSMR2*
StyleBungalow
Parcel Number4285029021
Living Area2210
Source Living AreaOwner
AreaSanta Monica (C14)
Lot Size Area4813
Open Houses
Sunday, Dec 22nd
2:00 PM - 4:00 PM
LISTING UPDATED: 12/18/2024 01:14 PM
Property Details for 1014 Pier Avenue
Status | Active |
---|---|
MLS # | 24-438063 |
Days on Market | 88 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1948 |
Lot Size | 0.11 AC / 4,813 SF |
County | Los Angeles County |
Buyer's Agent Compensation | 2.5% |
Compensation Remarks | None |
Virtual Tour
Building Information for 1014 Pier Avenue
Stories1Year Built1948Building Size-Lot Size0.11 AC / 4,813 SF
Property Information for 1014 Pier Avenue
Property History for 1014 Pier Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1014 Pier Avenue
Taxable ValueLand$1,286,641Additions$391,672Total$1,678,313
Tax Record2024$20,134 ($1,678 / month)
Home Facts
Total Finished SqFt1,942 SqFtAbove Grade Finished SqFt1,942 SqFtLot Size4,813 SqFtStyleDuplexYear Built1948ZoningSMR2*CountyLOS ANGELESAPN4285-029-021
Schools near 1014 Pier Avenue
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Will Rogers Elementary School PublicK to 5 | ||
John Adams Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Olympic High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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