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For sale
  • $5,595,000

    921 16th St, Santa Monica, CA 90403

    9beds
    6baths
    5,268sqft
    : 
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    Multi Family
    Built in 1927
    -- sqft lot
    $-- Zestimate®
    $1,062/sqft
    $-- HOA

    What's special

    Modern finishesPrivate outdoor areasShared laundrySpacious layoutsStunning three-bedroom townhome-style unitsTankless water heaters
    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 moments from Montana Avenue's premier dining, cafes, 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.
    116 days
    |
    399
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Donald Heller DRE # 01198240 424-655-3867,

    Christie's International Real Estate SoCal 424-249-7162,

    Bjorn Farrugia DRE # 01864250 310-998-7175,

    Carolwood Estates

    Source: CLAW,MLS#: 26666473MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 6
      Kitchen
      • Features: Remodeled, Bar
      Heating
      • Central, Other
      Cooling
      • Central Air, Other
      Appliances
      • Included: Range, Disposal, Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Gas Water Heater
      • Laundry: Laundry Room, Outside, Common Area
      Features
      • Flooring: Mixed, Hardwood, Tile
      • Has fireplace: Yes
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 5,268
      • Total interior livable area: 5,268 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Other
      Features
      • Levels: Multi/Split,One,Two
      • Has view: Yes
      • View description: None
      • Waterfront features: None
      Lot
      • Size: 7,501 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 4281002021
      • Zoning: SMR2*
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Country
      • Property subtype: Multi Family
      Materials
      • Stucco
      • Foundation: Raised
      • Roof: Composition,Shingle
      Condition
      • Updated/Remodeled
      • Year built: 1927

      Utilities & green energy

      • Sewer: In Street
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Security: Gated, Carbon Monoxide Detector(s), Smoke Detector(s)
      Location
      • Region: Santa Monica

      Financial & listing details

      • Price per square foot: $1,062/sqft
      • Tax assessed value: $4,380,637
      • Annual tax amount: $56,783
      • Date on market: 3/20/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,626/mo

        Price history

        DateEventPrice
        3/20/2026Listed for sale$5,595,000-5.2%$1,062/sqft
        Source: CLAW #26666473 Report a problem
        12/19/2025Listing removed$5,900,000$1,120/sqft
        Source: CLAW #25582911 Report a problem
        8/27/2025Listed for sale$5,900,000+2.6%$1,120/sqft
        Source: CLAW #25582911 Report a problem
        11/7/2024Listing removed$7,000$1/sqft
        Source: CLAW #24-447411 Report a problem
        11/5/2024Listed for rent$7,000+3.7%$1/sqft
        Source: CLAW #24-447411 Report a problem
        6/13/2024Listing removed$5,750,000$1,091/sqft
        Source: CLAW #24-400485 Report a problem
        6/5/2024Listed for sale$5,750,000+49.4%$1,091/sqft
        Source: CLAW #24-400485 Report a problem
        10/2/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        9/8/2022Price change$6,750-3.6%$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/18/2022Listed for rent$7,000+11.1%$1/sqft
        Source: Zillow Rental Manager Report a problem
        2/3/2020Listing removed$6,300$1/sqft
        Source: Zillow Rental Manager Report a problem
        11/23/2019Price change$6,300+125%$1/sqft
        Source: Molloy Real Estate Service #19531656 Report a problem
        11/13/2019Price change$2,800-9.7%$1/sqft
        Source: Molloy Real Estate Service #19526860 Report a problem
        11/5/2019Listed for rent$3,100$1/sqft
        Source: Molloy Real Estate Service #19526860 Report a problem
        8/12/2015Sold$3,850,000+92.5%$731/sqft
        Source: CLAW #15925345 Report a problem
        7/15/2005Sold$2,000,000$380/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$56,783 +6.5%$4,558,573 +2%
        2024$53,323 +1.6%$4,469,209 +2%
        2023$52,482 +1.2%$4,381,597 +2%
        2022$51,858 +2.4%$4,295,703 +2%
        2021$50,620 +0.7%$4,211,494 +1%
        2020$50,281 $4,168,322 +2%
        2019$50,281 +7.4%$4,086,610 +2%
        2018$46,814 $4,006,500 +2%
        2017$46,814 +0.5%$3,927,000 +2%
        2016$46,586 +3.3%$3,850,000 +69.1%
        2015$45,092 +68.6%$2,277,188 +2%
        2014$26,744 $2,232,582 +20.7%
        2012-- $1,850,000
        2011-- $1,850,000 -13%
        2009-- $2,125,269 +2.4%
        2008-- $2,075,598 +4%
        2006-- $1,995,000 +881.4%
        2000-- $203,286
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Wilshire/Montana

        Getting around

        76 / 100
        Very Walkable
        58 / 100
        Good Transit
        86 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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