902 16th Street

Santa Monica, CA 90403

  • 7 Bed(s)
  • 0 Bath(s)
  • 5,560 Sqft
  • 7503
    Sqft(Lot)
$3,600,000

Description

Over 5% cap and stabilized 7 unit apartment building at 902 16th st. apartment is located in a prime santa monica neighborhood just one block south of montana ave., known for its upscale shopping and dining offering a charming and sophisticated atmosphere close to the beach. carefully cared for and meticulously managed, this building features bright units with abundant windows and spacious balconies in some units. new roof was also installed this year to the middle structure. exterior landscaping includes fruit trees and flower beds lining in the front and backyard. comprising three distinct buildings, the property includes:* building #1- facing 16th street with four units: 902a & 904a on the ground floor, and 902b & 904b upstairs. each floor shares a washer/dryer set between two units.* building #2- standalone one-bedroom house at 1522 idaho ave, facing idaho ave.* building #3- two one-bedroom units situated above five garages facing idaho ave. 3 units on idaho ave share a laundry room. this trophy property weathered the pandemic rental market downturn and historically has experienced low vacancy and fast turnovers. it offers a rare blend of prime location and sound investment, ideal for discerning buyers looking to invest in a well-maintained asset with steady rental income.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    See Remarks

  • AD ID

    48128355

Sell a home like this and save $215,501 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Bedroom Information

    • Total Bedrooms : 7

    Bathroom Information

    • Total Baths: 7
    • Full Baths: 0
    • Half Baths: 0

    Heating Source

    • Wall Furnace
    • Has Heating

  • Building Information

    • Year Built: 1926
    • Building Area Total: 5,560

    Pool Features

    • None

    Laundry Features

    • Common Area,Inside,Laundry Room

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1722
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7503

  • Listing Price Information

    • Original List Price: 3,600,000
    • Listing Contract Date: 2024-12-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4281007001

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C14 - Santa Monica
    • Postal Code Plus 4: 3202
    • Directions: Located on the corner of 16th Street and Idaho Avenue.
    • Zoning: SMR2*
    • Source Property Type: Residential Income
    • Area: C14 - Santa Monica

    Building and Construction

    • Property Age: 99
    • Year Built Source: Assessor
    • Total Square Feet Living: 5560
    • Levels or Stories: One,Two
    • Building Total Stories: 1
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 01/29/2025 @ 17:29

  • MLS: 24473231
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 5,560 sqft, 7,503 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Santa Monica , in zip code 90403, this Los Angeles County Home are nearby neighborhoods.