726 Pier Avenue

Santa Monica, CA 90405

$1,750,000
Price
3
Beds
3
Baths
1,623 Sq. Ft.
$1,078 / Sq. Ft.
1,623
Sq. Ft.
$1,078
per Sq. Ft.

Description

TO BE DELIVERED FULLY VACANT TRIPLEX 726 Pier Ave presents an outstanding development opportunity in the highly sought-after Ocean Park neighborhood of Santa Monica. Situated on a spacious lot west of Lincoln, this property offers endless possibilities for those looking to build their dream home or explore multi-unit development. With its desirable zoning (SM0P2) and prime location, this opportunity shouldn't be overlooked. The existing structure is a triplex, to be delivered vacant. This opens up...TO BE DELIVERED FULLY VACANT TRIPLEX 726 Pier Ave presents an outstanding development opportunity in the highly sought-after Ocean Park neighborhood of Santa Monica. Situated on a spacious lot west of Lincoln, this property offers endless possibilities for those looking to build their dream home or explore multi-unit development. With its desirable zoning (SM0P2) and prime location, this opportunity shouldn't be overlooked. The existing structure is a triplex, to be delivered vacant. This opens up a unique chance for renovation, expansion, or new construction, appealing to investors, developers, or homeowners. Additionally, the property's location provides easy access to Santa Monica's attractions, including the Santa Monica Pier and Third Street Promenade. The nearby beaches offer a perfect backdrop for a relaxed coastal lifestyle. Attached, you'll find the inspection report and survey indicating an encroachment, offering valuable insights into the property. Don't miss out on this chance to create something special in one of Santa Monica's most sought-after neighborhoods. Schedule a showing today to explore the possibilities at 726 Pier Ave.
  1. Listed by H. Jasan Sherman • DRE #01333986 • Brokerage DRE #00625377 • Berkshire Hathaway HomeServices California Propert

Property Details for 726 Pier Avenue

Water Front
None
Zoning
SMOP2*
Style
Bungalow
Parcel Number
4287030006
Total Units
3.0
Living Area
1623
Source Living Area
Vendor Enhanced
Area
Santa Monica (C14)

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, H. Jasan Sherman, DRE #01333986
Add your commute
LISTING UPDATED: 04/18/2024 03:12 PM

Property Details for 726 Pier Avenue

StatusActive
MLS #24-374921
Days on Market32
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built-
Lot Size0.11 AC / 4,996 SF
CountyLos Angeles County

Location

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, H. Jasan Sherman, DRE #01333986
Add your commute

Building Information for 726 Pier Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.11 AC / 4,996 SF

Payment Calculator

$9,738 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

$188

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 726 Pier Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 1+1
  • View: Yes
  • View Description: Tree Top, Skyline, Peek-A-Boo, Ocean
  • View: Peek-A-Boo, Ocean
  • Security Features: None
  • Property Condition: Fixer
  • Water: Public
  • Sewer: In Street
Contract Info
Contract Info
  • Financing: Cash To Existing Loan, Owner May Carry
  • Disclosures: Trust/Conservatorship
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1147
  • Lot Size Square Feet: 4996
  • Lot Features: Front Yard, Back Yard
  • Lot Description: Front Yard, Back Yard
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car
  • Total Parking: 2
  • Parking Features: Garage - Single Door
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Refrigerator, Range/Oven
  • Laundry: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Roof: Composition
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-01-2024
  • Listing Terms: Trust Conveyance
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $29,080.00
  • Assessed Improvement Percent: 24.69
  • Assessed Land Value: $88,687.00
  • Assessed Land Percent: 75.31
  • Assessed Total Value: $117,767.00

Property History for 726 Pier Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 726 Pier Avenue

Taxable ValueLand$88,687Additions$29,080Total$117,767
Tax Record2023$2,255 ($188 / month)
Home Facts
Total Finished SqFt1,623 SqFtAbove Grade Finished SqFt1,623 SqFtLot Size4,994 SqFtStyleTriplexZoningSMOP2*CountyLOS ANGELESAPN4287-030-006

Schools near 726 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
John Muir 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.

Similar Homes

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Similar Sold Homes

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726 Pier Avenue is a multi-family home for sale in Santa Monica, CA 90405. This property was listed for sale on April 1, 2024 by Berkshire Hathaway HomeServices California Propert, it's currently listed at $1,750,000. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include John Muir Elementary School, John Adams Middle School and Santa Monica High School. 726 Pier Avenue is a 3-bed, 3-bath, 1,623 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices California Propert, H. Jasan Sherman, DRE #01333986

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.