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Map
$2,150,000
●
Multifamily -
For Sale
1538 16th Street
Santa Monica, CA 90404
5 Beds
3 Baths
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Townhouse
5
Beds
3
Baths
2,347 ft²
$893/ft²
$2,095,000
Apr 4, 2024
-
$525/mo
Active
Townhouse
3
Beds
3
Baths
1,702 ft²
$1,278/ft²
$2,175,000
Mar 22, 2024
-
$550/mo
Active
Townhouse
2
Beds
2.5
Baths
1,506 ft²
$1,325/ft²
$1,995,000
Apr 4, 2024
-
$100/mo
Active
Townhouse
3
Beds
2.5
Baths
1,419 ft²
$1,406/ft²
$1,995,000
Mar 1, 2024
-
$480/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
About Pico
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