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Sold for $5,400,000 on 10/02/24
  • $5,400,000

    1661 Appian Way, Santa Monica, CA 90401

    1beds
    2baths
    --sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $5,325,400 Zestimate®
    $--/sqft
    $5,040 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: October 03, 2024 at 04:09am

    Listed by:

    Jennifer Hughes DRE #01440438 310-383-7299,

    Compass

    Bought with:

    Subscriber Non, DRE #13252

    Non-Participant Office

    Source: SDMLS,MLS#: 24-374953MLS LogoOriginating MLS: Beverly Hills/Greater LA

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    Heating
    • Wall/Gravity
    Cooling
    • N/K
    Interior area
    • Total structure area: 0

    Property

    Features
    • Levels: Split Level
    • Has view: Yes
    • View description: Ocean
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 4,373 sqft
    Details
    • Zoning: SMR3*
    • Zoning description: SMR3*

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1948

    Community & neighborhood

    Location
    • Region: Santa Monica
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $5,325,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $5,325,400