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

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