921 16th

Santa Monica, CA, 90403
For Sale $5,595,000
  • 9beds
  • 5,268sqft
  • 0.17acre
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.

Get in touch

Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Donald Heller with Christie's International Real Estate SoCal
(310) 893-6223
Bjorn Farrugia with Carolwood Estates
921 16th is a Residential Income property located in Santa Monica, California, featuring a 0.172 acre lot, 5,268 sqft, 9 bedrooms, MLS #26666473.

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Data last modified: 2026-03-20 15:48:56