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USACASanta Monica921 16Th St
921 16 Th St, Home with 9 bedrooms, 6 bathrooms and 3 parking in Santa Monica CA | Image 1
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$5,900,000

921 16 Th St, Santa Monica, CA

Real Estate

For Sale

$--,---,---
963
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 5268 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 4
Approx. Age 1927
Avg. Price Per Sqft $1,119
MLS® Number 25582911

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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*Show Description
MLS® Number25582911
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelLaundry Room, Outside
Exposure
Exterior
GarageNo
Approx. Age1927
Stories0
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air
Heating Fuel

Extras

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