1661 Appian Way Santa Monica, CA $ 6,850,000
1661 Appian Way
$ 6,850,000
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1661 Appian Way

Santa Monica, CA, 90401
$ 6,850,000
Baths0.0 Sq 4,368

Monthly Estimate*

$ 45,527

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Studio

Multi-Family Home for sale in Santa Monica, CA

for $6,850,000. This 4,368 square foot home was built in 1948 on a lot size of 0.1.

In 1948, the Sun & Sea Motel was built nestled at the base of the iconic Santa Monica Pier. Today, you have the extraordinary opportunity to purchase 1661 Appian Way. This beachside oasis offers 12 units, each with breathtaking ocean and pier views, plus 8 private garages and extra spaces, ensuring convenient parking for residents. The building has an expansive, zen backyard that includes areas for sun lounging and al fresco dining, perfect for savoring warm coastal evenings. Originally constructed in 1948 as 6 apartments and 6 guest rooms, public records indicate the Land Use as "Motel" and County Use as "Motel Under 50 Units". Prospective buyers are encouraged to conduct their own research to determine the future potential of this remarkable property. Picture owning an investment asset with such promising possibilities where the vibrant energy of the pier and the tranquil beauty of the ocean converge. Whether you're seeking an income property for tenants to enjoy a serene retreat or an exhilarating coastal escape, this building offers the best of both worlds. Don't miss this rare opportunity to own a piece of beachside paradise in the heart of Santa Monica. Schedule a viewing today and transform your dream of owning an income property by the iconic Santa Monica Pier into a reality!

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Multi-Family Contingent

Price

$ 6,850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1

Year Built

1948

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

0024374953

Features
General
Heating Wall Furnace
Zoning SMR3*
Pool Features Private
Year Built 1948
View Ocean
Levels Multi/Split
County Los Angeles
Net Operating Income 0.0
New Construction No
Property Type C
HOA / Comm Assn No
Contingency Active Under Contract
Status Active Under Contract
City Santa Monica
Buyer Agent Compensation 2.50
View Y/N Yes
Senior Community Y/N No
MLS Area C14 - Santa Monica
Lot Size Square Feet 4372.0
Street Name Appian
Virtual Tour http://mls.1661appian.com/
Standard Status Active Under Contract
Year Built Source Assessor
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Refrigerator
Total Stories 3
Air Conditioning Y/N No
Heating Y/N Yes
Street Suffix Way
Total Baths 0
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Exterior
Lot Size Area 4372.0
Foundation Details None
Building Area Total 4368.0
Lot Size Acres 0.1
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Jennifer Hughes

Listing Agent

Compass

Broker

Affordability Calculator

$45,527
Per Month
100%
0%
0%
Monthly Principal & Interest
$45,527
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$6,850,000 Listed Price

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1661 Appian Way, Santa Monica, CA, 90401 is a Multi-Family Home for sale at $6,850,000 with 4,368 sqft and a lot size of 0.1. 1661 Appian Way is a studio with 0.0 baths and was built in 1948. The property's zip code is 90401 which is in Santa Monica, CA