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921 16th StreetSanta Monica, CA 90403

For Sale

$5,595,000

Smart Buyer Rebate $55,950

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.

Listed by Donald Heller

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License #01198240

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Christie's International Real Estate SoCal

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424-655-3867

Listed by Bjorn Farrugia

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License #01864250

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Christie's International Real Estate SoCal

Last updated April 03, 2026

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Source: CRMLS #26666473

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilshire-Montana
  • Bedrooms9
  • Days on Prevu45
  • Size5,268 sqft
  • Price per sqft$1,062

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

03/18/2026
Listed by Christie's International Real Estate SoCal
$5,595,000

Property Details for 921 16th Street

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Property Condition: Updated/Remodeled
  • Roof: Composition, Shingle
  • Stories: 1
  • Year Built: 1927
  • Common Walls: 1 Common Wall
  • Construction Materials: Stucco

Features

  • Direction Faces: West

Measurements

  • Building Area Total: 5,268
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,499
  • Lot Size Square Feet: 7,499
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.6
  • Gross Income: $353,628.00

Taxes

  • Parcel Number: 4281002021

Interior

Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Dryer, Washer
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Tile, Wood

Measurements

  • Living Area: 5,268

Rooms

  • Bathrooms Total Integer: 6
  • Bedrooms Total: 9

Parking

Parking

  • Parking Total: 3

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Common Area, Laundry Room, Outside
  • Sewer: Other

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 9 bedrooms in this multi-family home at 921 16th Street.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 921 16th Street.

How does 921 16th Street compare to other multi-family homes in Wilshire-Montana?

This multi-family home is listed 48% above the average price for multi-family homes in Wilshire-Montana and has been on the market for 32 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,268 sqft.

921 16th Street is a 9-bedroom multi-family home for sale in Santa Monica CA 90403. Listed on Prevu for 45 days at $5,595,000. This residence features 5,268 square feet of living space, located in Wilshire-Montana. The median listing price for multi-family homes in this area is $1,999,500. Property amenities include dishwasher, air conditioning, parking, and washer/dryer. View other multi-family home listings in Santa Monica.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.