This Multifamily Property is no longer advertised on LoopNet.com.
511 Pier Ave
Santa Monica, CA 90405
8 Units | Prime Ocean Park Location · Multifamily 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 | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.14 AC |
Building Size | 6,999 SF |
Average Occupancy | 97% |
No. Stories | 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
Parcel Number | 4287-026-017 | Improvements Assessment | $587,034 |
Land Assessment | $469,628 | Total Assessment | $1,056,662 |
ZONING
Zoning Code | R2, Santa Monica |
Listing ID: 29521687
Date on Market: 9/14/2023
Last Updated:
Address: 511 Pier Ave, Santa Monica, CA 90405
The Ocean Park Multifamily Property at 511 Pier Ave, Santa Monica, CA 90405 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
- Mid-Wilshire Apartment Buildings
- Venice Beach Apartment Buildings
- Greater Culver City Apartment Buildings
- West Adams Apartment Buildings
- Mid-City Apartment Buildings
- Pico Apartment Buildings
- Wilshire Montana Apartment Buildings
- Arlington Heights Apartment Buildings
- Miracle Mile Apartment Buildings
- Park Mesa Heights Apartment Buildings
- Beverly Grove Apartment Buildings
- Pico-Robertson Apartment Buildings
- Sunset Park Apartment Buildings
- Crenshaw Apartment Buildings
- Ocean Park Apartment Buildings
NEARBY LISTINGS
- 1027 12th St, Santa Monica CA
- 1921 19th St, Santa Monica CA
- 1812 Westholme Ave, Los Angeles CA
- 1146 Venice Blvd, Venice CA
- 824 Lincoln Blvd, Santa Monica CA
- 604 Venezia Ave, Venice CA
- 11600 National Blvd, Los Angeles CA
- 3667 Veteran Ave, Los Angeles CA
- 3869 Tilden Ave, Culver City CA
- 1523 18th St, Santa Monica CA
- 12 1/2 25th Pl, Venice CA
- 3636 Keystone Ave, Los Angeles CA
- 3310 Keystone Ave, Los Angeles CA
- 2240 Delaware Ave, Santa Monica CA