921 16th Street, Santa Monica, CA 90403
- $5,125,000
- 9
- BD
- 6
- BA
- 5,268
- SqFt
- Sold Price
- $5,125,000
- List Price
- $5,595,000
- Closing Date
- Jul 20, 2026
- Status
- CLOSED
- MLS#
- 26666473
- Year Built
- 1927
- Bedrooms
- 9
- Bathrooms
- 6
- Living Sq. Ft
- 5,268
- Lot Size
- 7,499
- Acres
- 0.17
- Days on Market
- 92
- Property Type
- Multifamily
- Stories
- One Level, Two Levels, Multi Level
Property Description
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 moments from Montana Avenue's premier dining, cafes, 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.
Additional Information
- Appliances
- Dishwasher, Disposal, Range, Refrigerator, Dryer, Washer
- Fireplace Description
- Living Room
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Exterior Construction
- Stucco
- Roof
- Composition, Shingle
- Sewer
- Other
- Attached Structure
- Attached
- Number Of Units Total
- 6
Listing courtesy of Listing Agent: Donald Heller (don@donhellergroup.com) from Listing Office: Christie's International Real Estate SoCal.
Listing sold by Jack Graniti from Pacifica West Properties
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.