921 16Th Street, Santa Monica, CA 90403
-
Listed Price :
$5,750,000
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Beds :
9
-
Baths :
6
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Property Size :
5,268 sqft
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Year Built :
1927
Property 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.*
Interior Features
| Bedroom Information |
| Bedrooms |
9 |
| Bathroom Information |
| Bathrooms |
6 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
921 16Th Street |
| City |
Santa Monica |
| State |
CA |
| Zip |
90403 |
| County |
Los Angeles |
| Listing Agent |
Donald Heller DRE #01198240 |
| Co-Listing Agent |
Bjorn Farrugia DRE #01864250 |
| Courtesy Of |
Christie's AKG |
| List Price |
$5,750,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
5,268 |
| Lot Size |
7,499 |
| Year Built |
1927 |
Listing information courtesy of: Donald Heller, Bjorn Farrugia, Christie's AKG. *Based on information from the Association of REALTORS/Multiple Listing as of Jun 13th, 2024 at 12:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
