921 16th Street, Santa Monica, CA 90403
  • MLS#: 24400485 ( )
  • Street Address: 921 16th Street
  • Viewed: 1
  • Price: $5,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1927
  • Bldg sqft: 0
  • Days On Market: 163
  • Additional Information
  • County: LOS ANGELES
  • City: Santa Monica
  • Zipcode: 90403
  • Provided by: Christie's AKG
  • Contact: Donald Donald
  • California Regional MLS IDX
  • DMCA Notice
  • 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.*
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Features
Appliances
  1. Dishwasher
  2. Disposal
  3. Refrigerator
Building Area Total
  1. 5268.00
Cooling
  1. Central Air
Country
  1. US
Heating
  1. Central
Laundry Features
  1. Washer Included
  2. Dryer Included
Levels
  1. Multi/Split
Netoperatingincome
  1. 284558.62
Parcel Number
  1. 4281002021
Property Condition
  1. Updated/Remodeled
Sourcesystemkey
  1. 24-400485:CLAW
Totalexpenses
  1. 47114.78
Year Built
  1. 1927
Zoning
  1. SMR2*