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*

$ 47,849

Listed by Compass
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Studio

Commercial Property for sale in Santa Monica, CA

for $6,850,000. This 4,368 square foot building was built in 1948 on a lot size of 0.1004.

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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Commercial Active

Price

$ 6,850,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.1004

Year Built

1948

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

24383839

Days on Market

14

Features
General
Heating WallFurnace
Zoning SMR3*
HOA 0.0
Year Built 1948
County Los Angeles
Net Operating Income 0.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
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 stree
City Santa Monica
View Y/N N
Senior Community Y/N N
Total Units 12
MLS Area C14 - Santa Monica
Lot Size Square Feet 4372.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Appian
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 9
Standard Status Active
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Exterior
Total Parking 8.0
Lot Size Area 4372.0
Spa N
Building Area Total 4368.0
Lot Size Acres 0.1004
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Way
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1661
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* Excluded Features
List By
Compass

Broker

(310) 383-7299

Phone

Affordability Calculator

$47,849
Per Month
100%
0%
0%
Monthly Principal & Interest
$47,849
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2024$6,850,000 Listed Price

Map


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1661 Appian Way, Santa Monica, CA, 90401 is a Commercial Property for sale at $6,850,000 with 4,368 sqft and a lot size of 0.1004. 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