$6,750,000

1661 Appian Way, Santa Monica, CA 90401

  • 4,368 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $1,545/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Date Added:
January 6, 2026
Data Last Updated:
February 16, 2026 at 3:06AM
Listing Office:
Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:
Jonathan Taksa : 424-672-8220
MLS ID:
CL26633755
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: Converted Garage
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: SMR34290018007
  • Source: CRMLS

This listing courtesy of Jonathan Taksa , Remax Commercial and Investment Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Santa Monica Alternative (K-8)

2525 5th St, Santa Monica, CA, 90405

Grades KG-8

0.81 miles away

S

Santa Monica Alternative (K-8)

2525 5th St, Santa Monica, CA, 90405

Grades KG-8

0.81 miles away

S

Santa Monica High School

601 Pico Blvd, Santa Monica, CA, 90405

Grades 9-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.