Check Availability
$2,150,000
Multifamily - For Sale

1538 16th Street

Santa Monica, CA 90404
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2114 Sqft
$10,557
Estimated Monthly
$0
HOA / Fees

About This Property

Welcome to this duplex opportunity with great upside located in highly coveted Santa Monica. Both units are vacant, this property presents a lucrative opportunity for investors seeking a rewarding project with substantial potential. The duplex comprises two distinct units: 2-bedroom, 1-bathroom front unit, and a spacious 3-bedroom, 2-bathroom rear unit. Perfectly suited for customization, both units offer the canvas for a personalized touch and renovation, making it an ideal investment for those with a vision for transformation. Situated on a generous 7,521 sq foot lot, the property features a sizable yard, providing ample space for potential expansion (verify with the city for a potential ADU build). Additionally, at the rear of the lot, a convenient 2-car garage awaits, offering flexibility for storage or potential division. The property benefits from a recently installed front fence and new garage doors, adding to its curb appeal and functionality. While renovation work is needed, the property boasts the advantage of conversion to a a single-family residence. Conveniently located within close proximity to the metro E line. This prime location grants easy access to a myriad of attractions including 3rd St Promenade, Sunset/Ocean Park, Santa Monica Pier & Beach, highly rated Santa Monica Unified School District and the 10 Freeway!

The manager has listed the unit size as 2114 square feet.
Unit Size
2,114Ft²
Days on Market
39 days
Land Size
0.17 acres
Price per sqft
$1,017
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1944
Listed By
Last updated: 2 months ago (MRMLSCA #SB24054923)

Price History

Date / Event Date Event Price
Mar 22, 2024 Listed by Redfin Corporation $2,150,000
Listed by Redfin Corporation
Jan 11, 2023 Sold $2,150,000
Sold

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
5 Beds
3 Baths
2,347 ft²
$893/ft²
$2,095,000 Apr 4, 2024
-
$525/mo
Other
Loft
-
2,073 ft²
$1,013/ft²
$2,099,000 Apr 16, 2024
-
-
House
3 Beds
3.5 Baths
1,865 ft²
$1,260/ft²
$2,350,000 Mar 21, 2024
-
-
Townhouse
3 Beds
3 Baths
1,702 ft²
$1,278/ft²
$2,175,000 Mar 22, 2024
-
$550/mo
Other
Loft
-
2,590 ft²
$963/ft²
$2,495,000 Apr 5, 2024
-
-
Townhouse
2 Beds
2.5 Baths
1,506 ft²
$1,325/ft²
$1,995,000 Apr 4, 2024
-
$100/mo
Townhouse
3 Beds
2.5 Baths
1,419 ft²
$1,406/ft²
$1,995,000 Mar 1, 2024
-
$480/mo
House
3 Beds
1 Bath
1,188 ft²
$1,683/ft²
$1,999,000 Dec 14, 2023
-
-
Land
Loft
-
-
$2,250,000 May 11, 2021
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

1538 16th Street 1538 16th Street, Santa Monica, CA 90404
  • 1 Unit for Sale
More about this Building
1538 16th Street
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