Santa Monica, CA 90405 1014 Pier Avenue
$2,100,000
25 more
Presented By: Eric Hartnack with Compass;
Home Details
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. For those considering owner occupancy of the front unit the attached documents outline the Santa Monica rent control laws which indicate a $36,600 tenant relocation fee with a 60-day notice required. 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!
Presented By: Eric Hartnack with Compass;
Interior Features for 1014 Pier Avenue
Bedrooms
Total Bedrooms5
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths2
Other Interior Features
LivingAreaSourceMeasured
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1
General for 1014 Pier Avenue
Additional Parcels Y/NNo
AppliancesDishwasher, GasCooktop, Refrigerator, Dryer, Washer
Architectural StyleBungalow
Attached Garage No
Carport Y/NNo
CitySanta Monica
CountyLos Angeles
Days on Market8
DirectionsOne Block East of Lincoln Boulevard on Pier Ave. Please refer to Google Maps
DisclosuresRentControl
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income0.0
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense6000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet4813.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income109190.0
New ConstructionNo
NumberOfUnitsTotal2
PossessionCloseOfEscrow
Private PoolNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesKeyCardEntry
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Taxes$19,810
TermsConventional
ViewCityLights
View Y/NYes
Virtual TourClick here
Water Sewer Expense1200.0
Waterfront Y/NNo
Year Built1948
ZoningSMR2*
Exterior for 1014 Pier Avenue
Building Area Total2210.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1105
Lot Size Area4813.0
Number of Buildings2
Open Parking Y/NNo
SpaNo
Total Parking4.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480