921 16th Street Santa Monica, CA $ 5,595,000
921 16th Street
$ 5,595,000
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921 16th Street

Santa Monica, CA, 90403
$ 5,595,000
Bedrooms9 Baths3.0 Sq 5,268

Monthly Estimate*

$ 34,449

Listed by Christie's International Real Estate SoCal
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Multi-Family Home for sale in Santa Monica, CA

for $5,595,000 with 9 bedrooms and 3 full baths. This 5,268 square foot home was built in 1927 on a lot size of 0.1722.

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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Multi-Family Active

Price

$ 5,595,000

Bedrooms

9

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1722

Year Built

1927

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

26666473

Days on Market

3

Features
General
Living Area 5268
Sewer Other
Heating Central
Cooling Central Air
Roof Composition Shingle
Appliances Dishwasher Disposal Range Refrigerator Dryer Washer
Zoning SMR2*
Security Features Carbon Monoxide Detector(s) Gated Community Smoke Detector(s)
Construction Materials Stucco
Year Built 1927
View None
Stories Count 1
Levels One Two Multi/Split
Gross Income 353628
Community Features Gated
County Los Angeles
Net Operating Income 257627
New Construction false
Property Type Residential Income
HOA false
Facing Direction West
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions South of Montana Ave. between Idaho Ave. and Washington Ave.
City Santa Monica
Disclosures Rent Control
Senior Community Y/N false
Number Of Units Total 6
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 7499
Property Attached Y/N true
Property Condition Updated/Remodeled
Rent Control Y/N true
Standard Status Active
Cap Rate 4.6
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Interior
Flooring Tile Wood
Fireplace Features Living Room
Total Stories 0
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Common Area Laundry Room Outside
Total Bedrooms 9
Total Baths 6
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Exterior
Total Parking 3
Lot Size Area 7499
Foundation Details Raised
Number of Buildings 3
Building Area Total 5268
Lot Size Acres 0.1722
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* Excluded Features
List By
Christie's International Real Estate Socal

Broker

don@donhellergroup.com

Email

Affordability Calculator

$34,449
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Monthly Principal & Interest
$34,449
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$5,595,000 Listed Price

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921 16th Street, Santa Monica, CA, 90403 is a Multi-Family Home for sale at $5,595,000 with 5,268 sqft and a lot size of 0.1722. 921 16th Street has 9 bedrooms, 3.0 baths, and was built in 1927. The property's zip code is 90403 which is in Santa Monica, CA