$5,125,000
$5,595,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
921 16th St Santa Monica, CA 90403
9 Beds
6 Baths
5,268 SqFt
Key Details
Sold Price $5,125,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,268 sqft
Price per Sqft $972
MLS Listing ID 26666473
Sold Date 07/20/26
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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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Pacifica West Properties
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