CA > Santa Monica
Santa Monica, CA 90403,921 16th St
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Santa Monica, CA 90403,921 16th St
Santa Monica, CA 90403,921 16th St
Santa Monica, CA 90403,921 16th St
Santa Monica, CA 90403,921 16th St
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Anastasiya Richards

Anastasiya Richards

+1(510) 493-0442
$ 5,900,000
Est. payment /mo
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921 16th St Santa Monica, CA 90403

9 Beds

6 Baths

5,268 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,268 sqft

Price per Sqft $1,119

MLS Listing ID 25582911

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

With an assumable 3.5% loan, this six-unit income property in Santa Monica gives investors access to below-market financing that dramatically improves cash flow and ROI from day one. Ideally located less than one block from Montana Avenue, 921 16th Street places residents steps from some of the Westside's most sought-after restaurants, cafes, and retailers, including Bread Head, Lalaland Kind Cafe, Whole Foods, Williams Sonoma, and more. With an A+ walkability score and a short stroll to both Montana Avenue amenities and Santa Monica's world-renowned beaches, this location commands enduring tenant demand and premium rental rates. The property consists of six units across three well-maintained buildings, each recently remodeled with consistent finishes and unique layouts. Many units feature private patios, while practical amenities include a shared laundry area, bike storage, ample alley parking (plus street parking for one-bedroom units), additional storage, and tankless water heaters, ensuring convenience and long-term tenant retention. For investors seeking upside, the property offers clear value-add potential with the ability to add one to two additional units, unlocking up to $100,000 in annual income growth. This is a rare chance to acquire a turnkey, cash-flowing, and tax-efficient asset in one of Santa Monica's most coveted rental corridors blending immediate returns with long-term growth in a blue-chip location. Drive-by only. Interior access provided with accepted offer. Please do not disturb tenants. *Listing Agent 4: Bridgette Campbell, DRE 02187270 | Christie's RE SoCal, DRE 01527644*

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

Equipment Garbage Disposal, Range/Oven, Refrigerator, Dishwasher, Washer, Dryer

Laundry Room, Outside

Exterior

Parking Features Other

Garage Spaces 3.0

Waterfront Description None

View Y/N No

View None

Roof Type Composition, Shingle

Building

Sewer In Street

Water Public

Architectural Style Country English

Level or Stories Multi/Split

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
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 ©2025 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.

Listed by Christie's International Real Estate SoCal

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Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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