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For Sale

921 16th St

921 16th St, Santa Monica, CA 90403

$5,595,000
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.

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
  • Laundry room Room, Outside, Community
  • Flooring Mixed, Hardwood, Tile
  • Fireplace Living Room
  • APPLIANCES Garbage Disposal, Range/Oven, Refrigerator, Dishwasher, Washer, Dryer

Area & Lot

  • Status For Sale
  • Living Area5,268 Sq.Ft.
  • Lot Area7,499 Sq.Ft.
  • MLS® ID26666473
  • TypeMulti-Family
  • YEAR BUILT1927
  • NeighborhoodSanta Monica
  • Architecture StylesCountry English
  • Water FrontageNone
  • View DescriptionNone

Exterior

  • water SourcePublic
  • roofComposition, Shingle
  • parkingOther
  • HEAT TYPECentral, Other
  • AIR CONDITIONINGCentral, Other
  • sewerIn Street
  • SubstructureRaised
  • security FeaturesGated, Carbon Monoxide Detector(s), Smoke Detector

Financial

  • Sales Price$5,595,000
  • 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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