Santa Monica, CA 90401,1661 Appian WAY
Santa Monica, CA 90401,1661 Appian WAY
Santa Monica, CA 90401,1661 Appian WAY
Santa Monica, CA 90401,1661 Appian WAY
Santa Monica, CA 90401,1661 Appian WAY
Santa Monica, CA 90401,1661 Appian WAY
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$5,400,000

$6,850,000

21.2%
Est.Price: ?

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Est. payment /mo

4,373 Sqft Lot


SOLD DATE : 10/02/2024

Key Details

Sold Price $5,400,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24383839

Sold Date 10/02/24

HOA Y/N No

Year Built 1948

Lot Size 4,373 Sqft

Property Description

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!

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR3*

Interior

Heating Wall Furnace

Fireplace No

Exterior

Total Parking Spaces 8

Building

Story 3

Others

Tax ID 4290018007

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jennifer Hughes • Compass
Bought with Subscriber Non • Non-Participant Office
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