23
  • Property Type
  • Residential Income
  • 9
  • Bedrooms
  • 6
  • Bathrooms
  • 5268.00 m²
  • Area Size
  • 1927
  • Year Built
921 16th Street, Santa Monica, CA 90403
  • $5,750,000
  • $1,092

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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Sankofa Global Realty
  • Sankofa Global Realty

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