$6,850,000 Price Analysis   ♡   Santa Monica, CA 90401 6 bed 12 bath 4,368 SqFt ($1568/SqFt) 4,372SqFt lot. Built 1948 Listed 2024-04-18, Taxes $42,067 | Ⓧ USDA Ineligible due to price & location near Santa Monica |
In 1948
* Has Contingent Offer *The Sun and 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 determne 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!
Presented by Jennifer Hughes at
COMPASS.
Property MLS #24-374953 from TheMLSCLAW
Full Bathrooms: 12
Laundry Features: Laundry Area
Garage Spaces: 8
Garage Description: Private Garage
Parking Total: 8
Lot Size Source: Assessor
Lot Size Square Feet: 4372
Other Equipment: Refrigerator, Range/Oven
Calculated Total Monthly Association Fees: 0
Number of Units: 12
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 2 BathsTotal: 1
County: Los Angeles
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.
Source Property Type: Residential Income
Area: Santa Monica
Source Neighborhood: Santa Monica
Parcel Number: 4290-018-007
Postal Code Plus 4: 3244
Zoning: SMR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $643,876 + $2,833,078 $3,476,954 | $42,067 |
| 2021 | $631,251 + $2,777,528 $3,408,779 | $41,060 |
| 2020 | $624,779 + $2,749,048 $3,373,827 | $40,785 |
| 2019 | $612,529 + $2,695,146 $3,307,675 | $40,389 |
| 2018 | $600,519 + $2,642,300 $3,242,819 | $37,974 |
| 2017 | $588,745 + $2,590,491 $3,179,236 | $37,779 |
| 2016 | $577,201 + $2,539,698 $3,116,899 | $36,567 |
| 2015 | $568,531 + $2,501,550 $3,070,081 | $36,102 |
| 2014 | $557,395 + $2,452,549 $3,009,944 | $35,577 |
| 2013 | $554,876 + $2,441,465 $2,996,341 | $35,374 |
| 2012 | $543,997 + $2,393,594 $2,937,591 | $34,568 |
| 2010 | $533,331 + $2,346,661 $2,879,992 | $33,431 |
| 2009 | $530,604 + $2,334,657 $2,865,261 | $32,694 |
| 2009 | $529,346 + $2,329,123 $2,858,469 | $32,694 |
| 2008 | $520,200 + $2,288,880 $2,809,080 | $31,943 |
| 2007 | $510,000 + $2,244,000 $2,754,000 | $31,590 |
$6,850,000
TheMLSCLAW
Listing removed 2016-10-07
$3,260
Rentlingo
Listed for rent 2016-10-03
$3,260
Rentlingo
Listing removed 2016-10-03
$3,100
Rentlingo
Listed for rent 2016-09-27
$3,100
Rentlingo
Listing removed 2016-09-23
$3,170
Rentlingo
Listed for rent 2016-09-19
$3,170
Rentlingo
Listing removed 2016-09-19
$3,230
Rentlingo
Listed for rent 2016-09-15
$3,230
Rentlingo
Listing removed 2016-09-15
$3,270
Rentlingo
Listed for rent 2016-09-11
$3,270
Rentlingo
Listing removed 2016-09-11
$3,410
Rentlingo
Listed for rent 2016-09-07
$3,410
Rentlingo
Listing removed 2016-09-07
$3,330
Rentlingo
Listed for rent 2016-09-03
$3,330
Rentlingo
Listing removed 2016-08-10
$3,710
Rentlingo
Listed for rent 2016-08-07
$3,710
Rentlingo
Listing removed 2016-08-07
$3,710
Rentlingo
Listed for rent 2016-08-03
$3,710
Rentlingo
Listing removed 2016-08-03
$3,710
Rentlingo
Listed for rent 2016-07-31
$3,710
Rentlingo
Listing removed 2016-07-31
$3,750
Rentlingo
Listed for rent 2016-07-27
$3,750
Rentlingo
Listing removed 2016-07-27
$3,910
Rentlingo
Listed for rent 2016-07-23
$3,910
Rentlingo
Listing removed 2016-07-23
$3,710
Rentlingo
Listed for rent 2016-07-19
$3,710
Rentlingo
Listing removed 2016-07-19
$3,920
Rentlingo
Listed for rent 2016-07-15
$3,920
Rentlingo
Listing removed 2016-07-15
$3,770
Rentlingo
Listed for rent 2016-07-11
$3,770
Rentlingo
Listing removed 2016-07-11
$3,930
Rentlingo
Listed for rent 2016-07-07
$3,930
Rentlingo
Listing removed 2016-07-07
$3,910
Rentlingo
Listed for rent 2016-07-03
$3,910
Rentlingo
Listing removed 2014-05-09
$2,000
WestsideRentals
Listing removed 2014-05-09
$2,500
WestsideRentals
Listed for rent 2014-04-11
$2,000
WestsideRentals
Listed for rent 2014-04-11
$2,500
WestsideRentals
Listing removed 2014-04-10
$2,950
WestsideRentals
Listing removed 2014-04-10
$2,150
WestsideRentals
Price Changed for rent 2014-04-09
$2,150
WestsideRentals
Price Changed for rent 2014-04-08
$2,950
WestsideRentals
Price Changed for rent 2014-04-04
$2,850
WestsideRentals
Price Changed for rent 2014-04-04
$2,350
WestsideRentals
Price Changed for rent 2014-04-03
$3,495
WestsideRentals
Price Changed for rent 2014-04-03
$2,995
WestsideRentals
Listed for rent 2014-01-07
$2,500
WestsideRentals
Listed for rent 2013-12-11
$2,000
WestsideRentals
Listing removed 2013-12-10
$2,000
WestsideRentals
Sold 2006-05-08
$2,700,000
Public Record
Sold 2005-01-21
$1,850,000
ITECH
Listed 2004-07-14
$2,075,000
ITECH
Sold 1992-05-22
$576,000
Public Record
Sold 1989-12-21
$450,000
Public Record
Year Built: 1948
Levels: Multi Levels
Living Area Source: Assessor
Property Age: 76
Levels or Stories: 3
Building Total Stories: 3
Year Built Source: Assessor
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.