921 16th Street, Santa Monica, CA 90403
Local realty services provided by:ERA Excel Realty
921 16th Street,Santa Monica, CA 90403
$5,595,000
- 9 Beds
- 6 Baths
- 5,268 sq. ft.
- Multi-family
- Active
Listed by: donald heller, bjorn farrugia
Office: christie's international real estate socal424-249-7162
MLS#:26666473
Source:CRMLS
Price summary
- Price:$5,595,000
- Price per sq. ft.:$1,062.07
About this home
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....
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Home facts
- Year built:1927
- Listing ID #:26666473
- Added:48 day(s) ago
- Updated:May 08, 2026 at 01:28 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
- Flooring:Tile, Wood
- Kitchen Description:Dishwasher, Range, Refrigerator, Washer
- Living area:5,268 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Roof:Composition, Shingle
- Year built:1927
- Building area:5,268 sq. ft.
- Lot area:0.17 Acres
- Construction Materials:Stucco
- Foundation Description:Raised
- Levels:1 Story
Finances and disclosures
- Price:$5,595,000
- Price per sq. ft.:$1,062.07
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
- Laundry features:Common Area, Dryer, Laundry Room, Outside, Washer
- Amenities:Carbon Monoxide Detectors, Gated Community, Smoke Detectors
Parking
- Total parking spaces:3
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