921 16th St, Santa Monica, CA 90403
921 16th St, Santa Monica, CA 90403
921 16th St, Santa Monica, CA 90403
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$5,595,000
Est. payment /mo
9 Beds
6 Baths
5,268 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,268 sqft

Price per Sqft $1,062

MLS Listing ID 26666473

Style Country English

Bedrooms 9

Construction Status Updated/Remodeled

Year Built 1927

Lot Size 7,499 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

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 moments from Montana Avenue's premier dining, cafes, 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 Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Kitchen Remodeled, Granite Counters

Interior

Heating Central, Other

Cooling Central, Other

Flooring Mixed, Hardwood, Tile

Fireplaces Type Living Room

Equipment Garbage Disposal, Range/Oven, Refrigerator, Dishwasher, Washer, Dryer

Laundry Room, Outside, Community

Exterior

Parking Features Other

Garage Spaces 3.0

Waterfront Description None

View Y/N No

View None

Roof Type Composition, Shingle

Building

Foundation Raised

Sewer In Street

Water Public

Architectural Style Country English

Level or Stories Multi/Split, One, Two

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Christie's International Real Estate SoCal

NEARBY SCHOOL & BUSINESS

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Name

Name

Phone*

Phone

Message

Message
Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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