Mohr Real Estate Group

Mohr Real Estate Group

921 16th ST Santa Monica CA 90403 MLS #26666473

921 16th ST
Santa Monica, CA, 90403
$5,595,000
9 Beds
6 Baths
5,268 SqFt
0.17 Acres
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$5,595,000
921 16th ST
Santa Monica, CA, 90403
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Property Description


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.

Property Details

Price:
$5,595,000
MLS #:
26666473
Status:
Active
Beds:
9
Baths:
6
Type:
Single Family
Neighborhood:
c14santamonica
Listed Date:
Mar 20, 2026
Finished Sq Ft:
5,268
Total Sq Ft:
5,268
Lot Size:
7,499 sqft / 0.17 acres (approx)
Year Built:
1927
Community GatedC14 – Santa MonicaC14santamonicaNone

Schools

Interior

Appliances
DW, GD, RF, RA
Cooling
CA
Flooring
TILE, WOOD
Heating
CF
Laundry Features
CM, IR, OUT, DINC, WINC
Levels
A, U, S

Exterior

Common Walls
_1CW
Construction Materials
STC
Direction Faces
W
Parking Spots
3
Parking Total
3
Roof
CMP, SHN
Security Features
SD, COD, GC
View
NO

Financial

Gross Operating Income
$353,328
Net Operating Income
$257,627
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The Mohr Real Estate Group

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