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Property Description

Nestled amidst lush greenery, 921 16th St presents a rare opportunity to own a charming property comprising six units across three distinct buildings. Each unit offers a recently remodeled unique layout while maintaining consistent finishes throughout. Residents can revel in the tranquility of their surroundings, with many units featuring private patios, perfect for unwinding amidst nature’s embrace. Practical amenities including a shared laundry area, bike storage, and ample parking options in the back alley, except for one-bedroom units which utilize street parking. Additional storage areas and a tankless water heater enhance convenience and functionality, elevating the living experience for residents. Moreover, this property holds untapped potential for value enhancement. With the opportunity to add one to two units, the income potential could see a substantial increase of up to $100,000 per year, presenting an enticing prospect for investors seeking to maximize returns. Embrace the allure of this verdant retreat, offering a harmonious blend of nature, convenience, and investment potential in a coveted locale. *Drive-by only. Showing of the interior of the units only with an accepted offer. Do not disturb tenants.*

Features
: Central
: Central Air
0
: Dryer Included, Washer Included
0
Additional Information
Christie's AKG
0
CLW-X11281
CLW-X8339101
Donald
4281002021
: Standard
Multi/Split
32

Multi-Family For Sale

921 16th Street, Santa Monica, California 90403

5,268 Sqft
$5,750,000
Listing ID #24400485
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24400485
Price : $5,750,000
Living Area : 5,268 Sqft
Lot Size : 7,499 Sqft
Year Built : 1927
Country : US
State : California
County : Los Angeles
City : Santa Monica
Zipcode : 90403
Price Per Square Foot : $1,092
ModificationTimestamp : 2024-06-13 05:10:07
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