$ 5,595,000
-
$5,595,000
Price -
9
Bed -
6
Bath -
5,268
SqFt
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About the Listing X8339101 - X11281
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.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
26666473
Year Built
1927
Total Square Footage
5,268
Lot/Acreage
0.17
County
Los Angeles
Interior Details
- Bedrooms: 9
- Bathrooms: 6 Full
- Appliances: Range
- Air Cond: Central
- Heating: Central
- Fireplaces: Living Room
- Floor: Mixed,Hardwood,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Remodeled,Granite Counters
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 3
- Zoning: SMR2*
- Roof: Composition,Shingle
- Others: Updated/Remodeled
- Sewer: In Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
921 16th St Santa Monica, CA 90403
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