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$5,595,000

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • Updated 14 hours ago
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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.

Full Property Details for 921 16th St

General

  • Price: $5,595,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26666473
  • Updated: 4/3/2026
  • Added to Site: 17 day(s) ago

Interior

  • Cooking Appliances: Range
  • Flooring: Mixed, Hardwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 9

Other Rooms

  • Laundry: Room, Outside, Community

Additional Information

  • Security/Safety: Gated, Carbon Monoxide Detector(s), Smoke Detector
  • Other Features: None

Parking

  • Garage Description: Other

Location

  • Area: Santa Monica
  • County: Los Angeles
  • Driving Directions: South of Montana Ave., between Idaho Ave. and Washington Ave.
  • Direction Faces: West

Heating & Cooling

  • Cooling Type: Central, Other
  • Heating Type: Central, Other

Utilities

  • Sewer: In Street
  • Water: Public
  • TV Service: Cable TV

Structural Information

  • # Buildings: 3
  • Architectural Style: Country English
  • Exterior Const.: Stucco
  • Basement Desc.: Raised
  • Foundation: Raised
  • Roof: Composition, Shingle
  • Common Walls: Attached
  • Stories/Levels: 0
  • Square Feet: 5,268
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1927
  • Year Built Source: Vendor Enhanced
  • Property Condition: Updated/Remodeled

Unit Information

  • Units in Complex: 6
  • Unit Type: 2106, 2107, 2108

Unit 1

  • Total Bathrooms: 1.5
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1722
  • Lot Size: 7499
  • Lot Size Source: Vendor Enhanced
  • Alley: Yes
  • Zoning: SMR2*

Financial Considerations

  • Price Per Sq. Ft.: $1,062.07
  • Assessment Year: 1927

Disclosures and Reports

  • Disclosures/Reports: Rent Control
  • APN: 4281-002-021

Listed by Christie's International Real Estate SoCal, Donald Heller and Carolwood Estates, Bjorn Farrugia

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Listing agents

— 921 16th St —

  • Donald Heller

    Christie's International Real Estate SoCal

  • Bjorn Farrugia

    Carolwood Estates

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 921 16th St

School District:Santa Monica-Malibu Unified School District
NameGradesDistance
Franklin Elementary School, Santa Monica, CA
2400 Montana Avenue, Santa Monica, CA 90403
PK-50.6 mi
Lincoln Middle School, Santa Monica, CA
1501 CA Ave., Santa Monica, CA 90403
6-80.2 mi
Santa Monica High School
601 Pico Boulevard, Santa Monica, CA 90405
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 921 16th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/18/2026
Listed
$5,595,000
45.32%
MLS
7/30/2015
Sold
$3,850,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 921 16th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$53,323
2%
$4,557,613
4%
2023
$52,482
1%
$4,381,597
2%
2022
$51,858
2%
$4,295,703
2%
2021
$50,620
1%
$4,211,494
1%
2020
$50,281
1%
$4,168,322
2%
2019
$49,794
6%
$4,085,650
2%
2018
$46,814
—
$4,005,540
2%
2017
$46,586
3%
$3,927,000
2%
2016
$45,092
66%
$3,850,000
69%
2015
$27,104
1%
$2,277,188
2%
2014
$26,744
20%
$2,232,582
21%
2013
$22,326
—
$1,850,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 921 16th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Christie's International Real Estate SoCal, Donald Heller and Carolwood Estates, Bjorn Farrugia

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921 16th St, Santa Monica, CA 90403 (MLS# 26666473) is a Multi-Family property with units containing 9 bedrooms and 0 full bathrooms. 921 16th St is currently listed for $5,595,000 and was received on March 18, 2026. Want to learn more about 921 16th St? Do you have questions about finding other Multi-Family real estate for sale in Santa Monica? You can browse all Santa Monica real estate or contact a Coldwell Banker agent to request more information.

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