921 16th ST, Santa Monica, CA 90403
921 16th ST, Santa Monica, CA 90403
921 16th ST, Santa Monica, CA 90403
23
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$5,595,000
Est. payment /mo
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9 Beds
6 Baths
5,268 SqFt
Active

921 16th ST Santa Monica, CA 90403

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,268 sqft

Price per Sqft $1,062

MLS Listing ID 26666473

Bedrooms 9

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1927

Lot Size 7,501 Sqft

Property Description

Occupy one of the stunning three-bedroom townhome-style units and enjoy the best of Santa Monica living while your property generates income alongside you. Thoughtfully designed with modern finishes, spacious layouts, and private outdoor areas, these homes offer comfort and style just steps from Montana Avenue's premier dining, cafs, and retail including local favorites like Bread Head, Lalaland Kind Cafe, Whole Foods, and Williams Sonoma. Beyond the lifestyle appeal, the property offers an assumable 3.5% loan that provides rare access to below-market financing, significantly enhancing cash flow and overall returns from day one. The total six remodeled units are well-positioned for strong tenant demand, supported by desirable amenities such as private patios in select units, ample parking, storage, bike storage, shared laundry, and tankless water heaters. Additional upside exists with the potential to add one to two units, unlocking up to $100,000 in projected annual income creating a unique opportunity that combines immediate livability with long-term financial growth. Drive-by only. Interior access provided with accepted offer. Please do not disturb tenants.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Disposal, Range, Refrigerator, Dryer, Washer

Laundry Common Area, Laundry Room, Outside

Exterior

Community Features Gated

View Y/N No

View None

Roof Type Composition,Shingle

Total Parking Spaces 3

Building

Faces West

Entry Level One,Two,Multi/Split

Foundation Raised

Sewer Other

Level or Stories One, Two, Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4281002021

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Special Listing Condition Standard


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Donald Heller Christie's International Real Estate SoCal #01198240

Nearby Locations

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OB Juncal

OB Juncal

Broker | License ID: 01484096

+1(760) 994-2404

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921 16th ST