See Home Value
$1,485,000 - $1,815,000
House - Off Market

726 Pier Ave

Santa Monica, CA 90405
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1623 Sqft
Transfer

About This Property

Welcome to 726 Pier Ave, a rare and exceptional development opportunity located in the highly sought-after Santa Monica neighborhood of Ocean Park. Situated on a spacious over-sized neighborhood lot west of Lincoln, this property offers endless possibilities for those looking to build their dream home or capitalize on the potential of multi-unit development. With its prime location and desirable zoning (SM0P2), you won't want to miss out on this opportunity.The current structure on the property is a triplex with 2 vacant units and 1 currently occupied unit, providing a unique opportunity for renovation, expansion, or new construction. Whether you are an investor, developer, or homeowner, this property offers a rare chance to create something truly special in one of Santa Monica's most coveted neighborhoods. The location is second to none, offering easy access to the best that Santa Monica has to offer. Enjoy proximity to the iconic Santa Monica Pier, the vibrant Third Street Promenade, world-class dining, shopping, and entertainment options. Additionally, the beautiful beaches and picturesque coastal scenery are just moments away, providing the perfect backdrop for a relaxed coastal lifestyle. Schedule a showing today and explore the possibilities that await at 726 Pier Ave. Please see attached inspection report and survey. The neighbor to the east is encroaching on the east side of the property

The manager has listed the unit size as 1623 square feet.
Unit Size
1,623Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$1,017
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Mar 21, 2024 No longer available -
No longer available
Nov 9, 2023 Price Decreased $1,650,000
↓ $49K (2.9%)
Price Decreased
Aug 25, 2023 Relisted $1,699,000
Relisted
Aug 12, 2023 In contract -
In contract
Jul 17, 2023 Listed $1,699,000
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,994
  • Total Building Area: 1,623
  • Gross Building Area: 1,623
  • Building Area: 1,623
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,623
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN PARK TERRACE TRACT
  • Land Acres: 0.115
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: OCEAN PARK TERRACE TR LOT/SEC 15 BLK/DIV/TWN A

Ownership

  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 702102

Zoning

  • Zoning: SMOP2*

Geography

  • Assessors Map Reference: 49-B2
  • Parcel: 4287-030-006
  • Block: A
  • Lot: 15
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0034
  • Longitude: -118.474

    Address

  • Full Address: 726 Pier Ave
  • Address - House Number: 726
  • Address - Street Name: Pier
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C044
  • 4-Digit Zip Code: 4579
  • Zip Code: 90405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,208
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.068
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 96
  • Final Value: 1,666,347
  • High Value: 1,779,738
  • Low Value: 1,552,955

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,767
  • Assessed Land Value: $88,687
  • Assessed Improvements Value: $29,080



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,504 ft²
$1,326/ft²
$1,995,000 Jul 12, 2023
-
-
House
3 Beds
2 Baths
1,072 ft²
$1,492/ft²
$1,599,000 Jul 26, 2023
-
-
House
2 Beds
1 Bath
1,083 ft²
$1,616/ft²
$1,750,000 Aug 11, 2023
-
-
Townhouse
2 Beds
2.5 Baths
1,342 ft²
$1,174/ft²
$1,575,000 Aug 10, 2023
-
$500/mo
Condo
2 Beds
2 Baths
1,305 ft²
$1,225/ft²
$1,599,000 Aug 8, 2023
-
$1,376/mo
Multifamily
3 Beds
-
-
$1,750,000 Jun 5, 2023
-
-
Multifamily
3 Beds
-
-
$1,895,000 Jul 26, 2023
-
-
House
1 Bed
1.5 Baths
714 ft²
$2,099/ft²
$1,499,000 Aug 4, 2023
-
-
Condo
1 Bed
2 Baths
1,430 ft²
$1,027/ft²
$1,469,000 May 22, 2023
-
$709/mo
Multifamily
4 Beds
-
-
$1,950,000 Jul 24, 2023
-
-
Multifamily
2 Beds
-
-
$1,950,000 May 4, 2023
-
-
Multifamily
Stu
-
-
$1,800,000 Dec 3, 2022
-
-

About Ocean Park


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Frequently Asked Questions

When was property at 726 Pier Avenue built and last sold?
The property at 726 Pier Avenue was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 726 Pier Avenue is $1,684,144.
What are some comparable homes to 726 Pier Avenue?
Homes that are comparable to 726 Pier Avenue include a house property at 718 Hampton Drive, a townhouse property at 505 Pier Avenue, a multifamily property at 2535 6th Street.

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