Santa Monica Pier Area/Ocean Avenue, Santa Monica CA - Investment Data

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Santa Monica, California • Los Angeles-Long Beach-Anaheim, CA Metro • 5 ZIPs

2.2/ 5

Investability

Neighborhood average

1.0/ 5

Appreciation

0.9% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability 2.2/5
1-Year Change -3.5%
5-Year CAGR -1.7%
Neighborhood Value $1,811,985
Avg ZIP Home Value $2,108,588
Avg Monthly Rent $4,049
Avg Cap Rate 0.0%
Avg Vacancy 12.4%
⚖️
BALANCED MARKET
Los Angeles-Long Beach-Anaheim, CA Metro Area
Even conditions for buyers and sellers
50 days
Average time to sell
Average
8.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable

📊 How Does Santa Monica Pier Area/Ocean Avenue Compare?

Metric Santa Monica Pier Area/Ocean Avenue Santa Monica Los Angeles-Long Beach-Anaheim, CA California
Home Value $2,108,588 $2,108,588 N/A $761,003
Avg Rent $4,049 $4,049 N/A -
5-Year CAGR -1.7% 0.9% N/A 5.7%
Cap Rate 0.0% 0.0% - -
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Santa Monica Pier Area/Ocean Avenue is a neighborhood in Santa Monica, California. This neighborhood spans 5 ZIP codes, offering investors a range of property types and price points. The current median home value in this neighborhood is $1,811,985, which has decreased by 3.5% over the past year. With average rents around $4,049/month and home values averaging $2,108,588, investors can evaluate potential cash flow opportunities in this market.

Home Value Trends

ZIP Codes in Santa Monica Pier Area/Ocean Avenue

ZIP City Home Value Rent Cap Rate Rating Vacancy Match
90402 Santa Monica $4,833,497 $6,342 0.0% 3.0 ★ 15.9% City match
90401 Santa Monica $1,279,812 $3,765 0.0% 2.0 ★ 15.1% City match
90403 Santa Monica $1,446,615 $3,553 0.0% 2.0 ★ 11.6% City match
90404 Santa Monica $1,048,458 $3,383 0.0% 2.0 ★ 8.3% City match
90405 Santa Monica $1,934,558 $3,200 0.0% 2.0 ★ 11.3% City match

Other Neighborhoods in Santa Monica

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