921 16th St Santa Monica, CA 90403
Wilshire Montana NeighborhoodEstimated payment $37,304/month
Total Views
26,076
9
Beds
6
Baths
5,268
Sq Ft
$1,120
Price per Sq Ft
Highlights
- Very 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
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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
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$1,500,000 Open Sun 1PM - 5PM
- 2 Beds
- 2.5 Baths
- 1,240 Sq Ft
- 505 S Barrington Ave
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- Los Angeles, CA
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$3,100,000 Open Tue 11AM - 2PM
- 3 Beds
- 3.5 Baths
- 1,940 Sq Ft
- 505 S Barrington Ave
- Unit 109
- Los Angeles, CA
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$2,550,000 Open Tue 11AM - 2PM
- 3 Beds
- 3.5 Baths
- 1,817 Sq Ft
- 505 S Barrington Ave
- Unit 106
- Los Angeles, CA
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$2,400,000 Open Sun 1PM - 5PM
- 3 Beds
- 2.5 Baths
- 1,735 Sq Ft
- 505 S Barrington Ave
- Unit 108
- Los Angeles, CA
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$1,995,000 Open Sun 1PM - 5PM
- 1 Bed
- 2.5 Baths
- 1,414 Sq Ft
- 505 S Barrington Ave
- Unit 304
- Los Angeles, CA
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$3,250,000 Open Sun 1PM - 5PM
- 3 Beds
- 3.5 Baths
- 2,226 Sq Ft
- 505 S Barrington Ave
- Unit 302
- Los Angeles, CA
-
$3,550,000 Open Sun 1PM - 5PM
- 3 Beds
- 3.5 Baths
- 2,195 Sq Ft
- 505 S Barrington Ave
- Unit 402
- Los Angeles, CA
Source: The MLS
MLS Number: 25582911
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