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921 16th St, Santa Monica, CA 90403
921 16th St
$5,750,000
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For Sale

921 16th St

921 16th St, Santa Monica, CA 90403

$5,750,000
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.*

9
beds

6
baths

5,268 Sq.Ft. LIVING AREA

7,499 Sq.Ft. lot

Seller Payment to Buyer's Broker: Upon presentation of C.A.R. Form SPBB, Seller agrees to pay Buyer's Broker 2.5% of the purchase price out of the transaction proceeds under the terms defined in said form.

Notice: The amount or rate of real estate commissions is not fixed by law. They are set by each Broker individually and may be negotiable between Seller and Broker (real estate commissions include all compensation and fees to Broker.

Property Images

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Features & Amenities

Interior

  • total bedrooms9
  • Total bathrooms6
  • APPLIANCES Garbage Disposal, Freezer, Range/Oven, Refrigerator, Dishwasher, Washer, Dryer

Area & Lot

  • Status For Sale
  • Living Area5,268 Sq.Ft.
  • Lot Area7,499 Sq.Ft.
  • MLS® ID24-400485
  • TypeMulti-Family
  • YEAR BUILT1927
  • NeighborhoodSanta Monica

Exterior

  • parkingOther
  • HEAT TYPECentral, Other
  • AIR CONDITIONINGCentral, Other

Financial

  • Sales Price$5,750,000
  • Zoning SMR2*
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 921 16th St, Santa Monica, CA 90403. We are reviewing your request and will be in touch shortly!

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