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$5,900,000

Est. payment - /mo

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9 Beds

6 Baths

5,268 SqFt

Active

921 16th St Santa Monica, CA 90403

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Rhea Wallace

rheawallace@epique.me +1(657) 443-3446

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,268 sqft

Price per Sqft $1,119

MLS Listing ID 25582911

Style Country English

Bedrooms 9

Construction Status Updated/Remodeled

Year Built 1927

Lot Size 7,499 Sqft

Acres 0.1722

Property Sub-Type Multi-Family

Property 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*

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Other Rooms None

Kitchen Remodeled, Granite Counters

Interior

Heating Central, Other

Cooling Central, Other

Flooring Mixed, Hardwood, Tile

Equipment Garbage Disposal, Range/Oven, Refrigerator, Dishwasher, Washer, Dryer

Laundry Room, Outside

Exterior

Parking Features Other

Garage Spaces 3.0

Waterfront Description None

View Y/N No

View None

Roof Type Composition, Shingle

Building

Sewer In Street

Water Public

Architectural Style Country English

Level or Stories Multi/Split

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Christie's International Real Estate SoCal

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

Palisades Charter Elementary

Public | KG - 5
10

Edison Language Academy

Public | PK - 5
9

Canyon Charter Elementary

Public | KG - 5
9

Kenter Canyon Charter School

Public | KG - 5
9

Franklin Elementary School

Public | PK - 5
9

Grant Elementary School

Public | PK - 5
8

Roosevelt Elementary School

Public | KG - 5
8

Santa Monica Alternative (K-8)

Public | KG - 8
8

McKinley Elementary School

Public | KG - 5
8

Will Rogers Learning Community

Public | KG - 5
8

Broadway Elementary School

Public | KG - 5
8

Coeur d'Alene Avenue School

Public | KG - 5
7

Nora Sterry Elementary School

Public | KG - 5
5

John Muir Elementary School

Public | PK - 5
5

Westminster Avenue Elementary

Public | KG - 5
5

Brockton Avenue Elementary

Public | KG - 5
4

Brentwood Science Magnet

Public | KG - 5
4

Walgrove Avenue Elementary

Public | KG - 5
0

Village School

Private | KG - 6
0

Seven Arrows Elementary School

Private | KG - 6

Middle Schools 6

9

Lincoln Middle School

Public | 6 - 8
8

Paul Revere Charter School

Public | 6 - 8
8

New West Charter

Public | 6 - 10
7

John Adams Middle School

Public | 6 - 8
5

Mark Twain Middle School

Public | 6 - 8
0

Archer School for Girls

Private | 6 - 12

High Schools 8

9

Santa Monica High School

Public | 9 - 12
8

Palisades Charter High School

Public | 9 - 12
7

Animo Venice Charter High School

Public | 9 - 12
6

University High School Charter

Public | 9 - 12
0

St Monica Catholic High School

Private | 9 - 12
0

Pacifica Christian High School

Private | 9 - 12
0

Olympic High (Continuation)

Public | 9 - 12
0

Lighthouse Christian Academy

Private | 9 - 12

School and business data provided by Attom Data.