921 16th St

$5,750,000
921 16th St , Santa Monica , CA 90403

921 16th St

$5,750,000

Nestled amidst lush greenery, 921 16th St presents a rare opportunity to own a charming property comprising six units across three distinct buildings. Each unit offers a recently remodeled unique layout while maintaining consistent finishes throughout. Residents can revel in the tranquility of their surroundings, with many units featuring private patios, perfect for unwinding amidst nature's embrace. Practical amenities including a shared laundry area, bike storage, and ample parking options in the back alley, except for one-bedroom units which utilize street parking. Additional storage areas and a tankless water heater enhance convenience and functionality, elevating the living experience for residents. Moreover, this property holds untapped potential for value enhancement. With the opportunity to add one to two units, the income potential could see a substantial increase of up to $100,000 per year, presenting an enticing prospect for investors seeking to maximize returns. Embrace the allure of this verdant retreat, offering a harmonious blend of nature, convenience, and investment potential in a coveted locale.

Key Details

  • 5,268 Sq.Ft.
  • Lot Size: 7,499 Sq.Ft.
Santa Monica Canyon

Santa Monica Canyon

For all transactions done in Santa Monica Canyon, Cindy Ambuehl Group, will be donating 5% of commission to Canyon Charter Elementary School.

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