921 16th St Santa Monica, CA 90403
Wilshire Montana NeighborhoodEstimated payment $37,985/month
Total Views
1,413
9
Beds
6
Baths
5,268
Sq Ft
$1,120
Price per Sq Ft
Highlights
- Popular Property
- English Architecture
- Granite Countertops
- Franklin Elementary School Rated A+
- Wood Flooring
- Laundry Room
About This Home
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*
Listing Agent
Christie's International Real Estate SoCal License #01198240 Listed on: 08/25/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927 | Remodeled
Lot Details
- 7,499 Sq Ft Lot
- West Facing Home
Parking
- 3 Parking Spaces
Home Design
- 5,268 Sq Ft Home
- English Architecture
- Split Level Home
- Shingle Roof
- Composition Roof
- Stucco
Kitchen
- Oven or Range
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 4281-002-021
Community Details
Overview
- 3 Buildings
- 6 Units
Building Details
- Rent Control
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $5,900,000 | 0.0% | $1,120 / Sq Ft |
| 07/30/2021 07/30/21 | Rented | $6,000 | 0.0% | -- |
| 06/09/2021 06/09/21 | For Rent | $6,000 | -4.8% | -- |
| 01/14/2020 01/14/20 | Rented | $6,300 | 0.0% | -- |
| 11/22/2019 11/22/19 | For Rent | $6,300 | +125.0% | -- |
| 11/20/2019 11/20/19 | Rented | $2,800 | 0.0% | -- |
| 11/12/2019 11/12/19 | Price Changed | $2,800 | -9.7% | $7 / Sq Ft |
| 11/04/2019 11/04/19 | For Rent | $3,100 | -48.3% | -- |
| 06/28/2017 06/28/17 | Rented | $6,000 | 0.0% | -- |
| 06/22/2017 06/22/17 | For Rent | $6,000 | 0.0% | -- |
| 09/10/2015 09/10/15 | Rented | $6,000 | 0.0% | -- |
| 08/24/2015 08/24/15 | For Rent | $6,000 | 0.0% | -- |
| 08/12/2015 08/12/15 | Sold | $3,850,000 | +4.2% | $731 / Sq Ft |
| 07/25/2015 07/25/15 | Pending | -- | -- | -- |
| 07/23/2015 07/23/15 | For Sale | $3,695,000 | 0.0% | $701 / Sq Ft |
| 03/29/2013 03/29/13 | Rented | $4,750 | -1.0% | -- |
| 03/25/2013 03/25/13 | Under Contract | -- | -- | -- |
| 03/21/2013 03/21/13 | For Rent | $4,800 | -- | -- |
Source: The MLS
About the Listing Agent
Don Heller entered real estate in 1996 after a 20-year career as an international CEO in the healthcare and computer automation arenas. He moved to Los Angeles 35 years ago and it is the relationships he established through each real estate opportunity that allowed him to grow his business through referrals. Don has gained knowledge from practicing real estate throughout the Los Angeles basin. He has been repeatedly recognized for his success in new developments, particularly through his
Donald's Other Listings
-
$1,500,000 Open Sat 1PM - 5PM
- 2 Beds
- 3 Baths
- 1,240 Sq Ft
- 505 S Barrington Ave
- Unit 103
- Los Angeles, CA
-
$3,100,000 Open Sat 1PM - 5PM
- 3 Beds
- 3.5 Baths
- 1,940 Sq Ft
- 505 S Barrington Ave
- Unit 109
- Los Angeles, CA
-
$2,550,000 Open Sat 1PM - 5PM
- 3 Beds
- 3.5 Baths
- 1,817 Sq Ft
- 505 S Barrington Ave
- Unit 106
- Los Angeles, CA
-
$2,400,000 Open Sat 1PM - 5PM
- 3 Beds
- 2.5 Baths
- 1,735 Sq Ft
- 505 S Barrington Ave
- Unit 108
- Los Angeles, CA
-
$1,995,000 Open Sat 1PM - 5PM
- 1 Bed
- 2.5 Baths
- 1,414 Sq Ft
- 505 S Barrington Ave
- Unit 304
- Los Angeles, CA
-
$3,250,000 Open Sat 1PM - 5PM
- 3 Beds
- 3.5 Baths
- 2,226 Sq Ft
- 505 S Barrington Ave
- Unit 302
- Los Angeles, CA
Source: The MLS
MLS Number: 25582911
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 947 16th St Unit 5
- 933 17th St Unit 14
- 1013 16th St Unit 101
- 938 18th St Unit 5
- 838 16th St Unit 5
- 830 17th St Unit 2
- 833 17th St Unit 5
- 925 14th St Unit 20
- 1037 16th St Unit 10
- 849 14th St Unit 8
- 910 19th St Unit 101
- 943 19th St
- 1730 California Ave Unit 4
- 1108 18th St Unit 7
- 938 20th St
- 1035 19th St Unit 102
- 900 Euclid St Unit 404
- 1225 Washington Ave Unit 10
- 1127 15th St Unit A
- 1131 17th St
- 924 17th St
- 918 17th St Unit 2
- 902 16th St
- 843 16th St
- 855 17th St Unit 855
- 1701 Washington Ave
- 908 15th St Unit 5
- 816 17th St Unit 2A
- 816 17th St Unit A
- 945 14th St Unit F
- 813 15th St Unit D
- 1714 Montana Ave Unit A
- 1041-1047 17th St
- 1617 California Ave Unit 1
- 935 Euclid St Unit 12
- 935 Euclid St Unit 11
- 943 Euclid St Unit B
- 938 20th St
- 811 Euclid St Unit 6
- 1128 16th St Unit Front House