Active

921 16th St

Santa Monica CA, 90403

$5,750,000


$1,091.50 per sqft

Active

9 Beds

6 Baths

5,268 sqft

Multi-family

Built in 1927

Nestled amidst lush greenery, 921 16th St presents a rare opportunity to own a charming property comprising six units across three distinct buildings. Each unit offers a recently remodeled unique layout while maintaining consistent finishes throughout. Residents can revel in the tranquility of their surroundings, with many units featuring private patios, perfect for unwinding amidst nature's embrace. Practical amenities including a shared laundry area, bike storage, and ample parking options in the back alley, except for one-bedroom units which utilize street parking. Additional storage areas and a tankless water heater enhance convenience and functionality, elevating the living experience for residents. Moreover, this property holds untapped potential for value enhancement. With the opportunity to add one to two units, the income potential could see a substantial increase of up to $100,000 per year, presenting an enticing prospect for investors seeking to maximize returns. Embrace the allure of this verdant retreat, offering a harmonious blend of nature, convenience, and investment potential in a coveted locale. *Drive-by only. Showing of the interior of the units only with an accepted offer. Do not disturb tenants.*

24-400485

MLS ID

June 5, 2024

Listed

July 13, 2024

Updated

Map

921 16th St
Santa Monica CA, 90403

Interior Features

Total Stories

0


Bedrooms

9


Total Bathrooms

6


Appliances

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


Fireplace

No


Cooling

Yes


Cooling Description

Central, Other


Heating

Yes


Heating Description

Central, Other

Exterior/Building Features

Lot Size

0.17 Acres

Other Property Details

Area Name

Santa Monica


Days on Market

8


Garage

No


Parking

Other


Parking Total

3


View

No


County

Los Angeles


Pool

No


Zoning

SMR2*

Listed by Donald Heller with Christie's AKG
Listing Contact: 310-466-7809 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Lee LaPlante shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 7/13/2024

Powered byLuxury Presence