921 16th St (Off Market)

For Sale, USD 5,595,000


921 16th St,

Property Type : Multi-Family Home

Property Style : Custom

Build Size : 5,268 ft² / 489 m²

Land Size : N/A

Bedroom : 9

Bathroom : 6

Half Bathroom : 0

MLS#: 26666473


Property Description

This property is represented by CAROLWOOD

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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921 16th St, United States,California,Santa Monica is a 5,268ft² Santa Monica luxury Multi-Family Home listed for sale USD 5,595,000. This high end Santa Monica Multi-Family Home is comprised of 9 bedrooms and 6 baths. Find more luxury properties in Santa Monica or search for luxury properties for sale in Santa Monica.