1661 Appian Way
1661 Appian Way
$6,850,000
6
12
4,368
4,368
$1,568
Listed By Compass
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, 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!
Property Details for 1661 Appian Way
Zoning
SMR3*
Parcel Number4290018007
Total Units12.0
Living Area4368
Source Living AreaAssessor
AreaSanta Monica (C14)
Vacancy RateCall
Lot Size Area4372
Location
LISTING UPDATED: 04/26/2024 02:38 PM
Property Details for 1661 Appian Way
Status | Active |
---|---|
MLS # | 24-374953 |
Days on Market | 15 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1948 |
Lot Size | 0.10 AC / 4,372 SF |
County | Los Angeles County |
Location
Building Information for 1661 Appian Way
Stories3Residences-Year Built1948Building Size-Lot Size0.10 AC / 4,372 SF
Payment Calculator
$40,931 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1661 Appian Way
Property History for 1661 Appian Way
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1661 Appian Way
Taxable ValueLand$2,889,739Additions$656,753Total$3,546,492
Tax Record2023$42,575 ($3,548 / month)
Home Facts
Total Finished SqFt4,368 SqFtAbove Grade Finished SqFt4,368 SqFtStories1Lot Size4,372 SqFtStyleHotel / MotelYear Built1948ZoningSMR3*CountyLOS ANGELESAPN4290-018-007
Schools near 1661 Appian Way
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
John Muir Elementary School PublicK to 5 | ||
John Adams Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Santa Monica Alternative (K-8) School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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