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1661 Appian Way, Santa Monica, CA 90401
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1661 Appian Way
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  • MLS#: 26633755 ( )
  • Street Address: 1661 Appian Way
  • Viewed: 3
  • Price: $6,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1948
  • Bldg sqft: 0
  • Days On Market: 7
  • Additional Information
  • County: LOS ANGELES
  • City: Santa Monica
  • Zipcode: 90401
  • Provided by: Remax Commercial and Investment Realty
  • Contact: Jonathan Jonathan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    FULLY VACANT AND OCEAN VIEWS. Rarely does a coastal offering of this caliber ever come to market. We are pleased to present 1661 Appian Way, an extraordinary opportunity to acquire a fully vacant, extensively renovated 12 unit apartment building positioned along Santa Monica's iconic beach front right by the edge of the sand and within the city's famed Hotel Row. With breathtaking ocean, pier, coastline, mountain, and city views from every unit stretching from Palos Verdes to Malibu, this is a truly generational asset in one of Southern California's most irreplaceable locations. The property features an ideal unit mix of six studios and six efficiency units, thoughtfully designed with highly functional layouts. A buyer has the rare option to combine a studio with an efficiency unit, creating exceptionally large one bedroom residences a compelling strategy to further differentiate the asset and push long term rental performance. Delivered 100% VACANT, the building offers an immediate opportunity to set the highest market rents, eliminating any rent control friction and allowing a new owner to capitalize on Santa Monica's robust demand for luxury coastal rentals from day one.
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Features
Appliances
  1. Dishwasher
  2. Microwave
  3. Refrigerator
Building Area Total
  1. 4368.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Heating
  1. Wall Furnace
Levels
  1. One
Netoperatingincome
  1. 0.00
Parcel Number
  1. 4290018007
Parking Features
  1. Converted Garage
Sourcesystemkey
  1. 26633755:CLAW
Totalexpenses
  1. 0.00
Year Built
  1. 1948
Zoning
  1. SMR3*