Thank you
Jennifer Hughes
Compass
310-437-7500
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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Total Bedrooms : 6
Total Baths: 12
Full Baths: 0
Half Baths: 0
Property Appliances: Refrigerator
None
Air Conditioning
Wall Furnace
Has Heating
Year Built: 1948
Building Area Total: 4,368
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1004
Lot Size Source: Assessor
Lot Size Square Feet: 4372
Original List Price: 6,850,000
Listing Contract Date: 2024-04-18
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4290018007
Garage Description: Private
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: C14 - Santa Monica
Postal Code Plus 4: 3244
Directions: 1661 Appian Way is located west of Ocean Avenue, between Pico Blvd and Colorado Avenue, just south of the Santa Monica Pier, north of Shutters Hotel and Hotel Casa Del Mar. Appian Way is the final street before reaching the beach.
Zoning: SMR3*
Source Property Type: Residential Income
Area: C14 - Santa Monica
Property Age: 76
Year Built Source: Assessor
Total Square Feet Living: 4368
Levels or Stories: Multi/Split
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1528 11th Street, Santa Monica, CA,90401 | $2,600,000 | -- | -- | 6,414 | 7489 Sqft |
500 Broadway #603, Santa Monica, CA,90401 | $16,400 | 2 | 2 | 1,282 | 67503 Sqft |
500 Broadway #714, Santa Monica, CA,90401 | $25,000 | 3 | 2 | 1,732 | 67503 Sqft |
1755 Ocean Avenue #PH1003, Santa Monica, CA,90401 | $3,500,000 | 2 | 2 | 1,736 | 37909 Sqft |
1755 Ocean Avenue #503, Santa Monica, CA,90401 | $3,995,000 | 3 | 3 | 2,096 | 37909 Sqft |
1518 10th Street, Santa Monica, CA,90401 | $4,175,000 | 17 | -- | 10,080 | 7490 Sqft |
1705 Ocean Avenue #509, Santa Monica, CA,90401 | $2,199,000 | 2 | 2 | 1,324 | 40870 Sqft |
1705 Ocean Avenue #302, Santa Monica, CA,90401 | $2,098,000 | 2 | 2 | 1,552 | 40870 Sqft |
1417 10th Street, Santa Monica, CA,90401 | $2,899,000 | 8 | -- | 4,541 | 7507 Sqft |
1755 Ocean Avenue #602, Santa Monica, CA,90401 | $2,095,000 | 2 | 2 | 1,560 | -- |
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ByOwner last updated this listing 05/02/2024 @ 14:08
MLS: 24374953
LISTED BY: Jennifer Hughes, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.