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Sold for $5,125,000
  • $5,125,000

    921 16th St, Santa Monica, CA 90403

    9beds
    6baths
    5,268sqft
    Multi Family
    Built in 1927
    -- sqft lot
    $-- Zestimate®
    $973/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    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.

    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

    Bought with:

    Jack Graniti, DRE # 01317555

    Pacifica West Properties

    Source: CLAW,MLS#: 26666473MLS Logo

    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
    • 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: $973/sqft
    • Tax assessed value: $4,380,637
    • Date on market: 3/20/2026

    Price history

    DateEventPrice
    7/20/2026Sold$5,125,000-8.4%$973/sqft
    Source: CLAW #26666473 Report a problem
    7/20/2026Contingent$5,595,000$1,062/sqft
    Source: CLAW #26666473 Report a problem
    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
    2026-- $4,649,724 +2%
    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

    Neighborhood: Wilshire/Montana

    Nearby schools

    GreatSchools rating