902 16th Street, Santa Monica, CA 90403

  • $3,700,000
  • $665
902 16th Street, Santa Monica, CA 90403
  • Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 7
  • Bathrooms
  • 5560.00
  • 1926
  • Year Built
For Sale
902 16th Street, Santa Monica, CA 90403
  • $3,700,000
  • $665

Overview

Property ID: SGR-33140285
  • Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 7
  • Bathrooms
  • 5560.00
  • 1926
  • Year Built

Description

902 16th St. apartment is located in a prime Santa Monica neighborhood just one block south of Montana Ave., known for its upscale shopping and dining offering a charming and sophisticated atmosphere close to the beach. Carefully cared for and meticulously managed, this building features bright units with abundant windows and spacious balconies in some units. Exterior landscaping includes fruit trees and flower beds lining in the front and backyard. Comprising three distinct buildings, the property includes:* Building #1- facing 16th Street with four units: 902A & 904A on the ground floor, and 902B & 904B upstairs. Each floor shares a washer/dryer set between two units.* Building #2- standalone one-bedroom house at 1522 Idaho Ave, facing Idaho Ave.* Building #3- Two one-bedroom units situated above five garages facing Idaho Ave. 3 Units on Idaho Ave share a laundry room. This trophy property weathered the pandemic rental market downturn and historically has experienced low vacancy and fast turnovers. It offers a rare blend of prime location and sound investment, ideal for discerning buyers looking to invest in a well-maintained asset with steady rental income.

  • Address 902 16th Street
  • City Santa Monica
  • State/county CA
  • Zip/Postal Code 90403
  • Area C14 - Santa Monica
  • Country United States

Details

Updated on June 28, 2024 at 8:15 am
  • Property ID: SGR-33140285
  • Price: $3,700,000
  • Property Size: 5560.00 m²
  • Land Area: 7503.00 m²
  • Bedrooms: 7
  • Bathrooms: 7
  • Year Built: 1926
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 5560.00
  • MLS#: 24407605
  • Office Name: COLDWELL BANKER REALTY
  • Agent Name: Eric Sackler
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Coldwell Banker Realty
  • Co-Agent Name: Susan Lau
  • Agent State License: 01057377
  • Co-Agent State License: 01516710

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 5.00

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