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921 16th St

Santa Monica CA 90403

9
6
3
5268 sq. ft.
7499 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

9 bedrooms
6 bathrooms
3 carspaces
5268 sq. ft. floor area
7499 sq. ft. lot size
Other

Property history for 921 16th St

2021
Rented
Undisclosed
30 Jul 2021 by Molloy Real Estate Service
2020
Rented
Undisclosed
14 Jan 2020 by Molloy Real Estate Service
2019
Rented
Undisclosed
20 Nov 2019 by Molloy Real Estate Service

Happy sellers in Santa Monica

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Local market activity for 9 bedroom other properties in Santa Monica

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