921 16th Street, Santa Monica, CA 90403

  • $5,750,000
  • $1,092
921 16th Street, Santa Monica, CA 90403
  • Residential Income
  • Property Type
  • 9
  • Bedrooms
  • 6
  • Bathrooms
  • 5268.00
  • 1927
  • Year Built
For Sale
921 16th Street, Santa Monica, CA 90403
  • $5,750,000
  • $1,092

Overview

Property ID: SGR-32850752
  • Residential Income
  • Property Type
  • 9
  • Bedrooms
  • 6
  • Bathrooms
  • 5268.00
  • 1927
  • Year Built

Description

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.*

  • Address 921 16th Street
  • City Santa Monica
  • State/county CA
  • Zip/Postal Code 90403
  • Area C14 - Santa Monica
  • Country United States

Details

Updated on June 9, 2024 at 7:15 pm
  • Property ID: SGR-32850752
  • Price: $5,750,000
  • Property Size: 5268.00 m²
  • Land Area: 7499.00 m²
  • Bedrooms: 9
  • Bathrooms: 6
  • Year Built: 1927
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 5268.00
  • MLS#: 24400485
  • Office Name: CHRISTIE'S AKG
  • Agent Name: Donald Heller
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Carolwood Estates
  • Co-Agent Name: Bjorn Farrugia
  • Agent State License: 01198240
  • Co-Agent State License: 01864250

Additional details

  • Cooling: Central Air
  • Heating: Central
  • County: Los Angeles
  • Parking: 3.00

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