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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$ 5,750,000
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921 16th St Santa Monica, CA 90403

9 Beds

6 Baths

5,268 SqFt


UPDATED:

06/13/2024 07:01 AM

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 $1,091

MLS Listing ID 24-400485

Bedrooms 9

Construction Status Updated/Remodeled

Year Built 1927

Lot Size 7,499 Sqft

Acres 0.1722

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.*

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Interior

Heating Central, Other

Cooling Central, Other

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

Exterior

Garage Other

Garage Spaces 3.0

Building

Level or Stories Multi/Split

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Christie's AKG

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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921 16th St