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1538 16th Street, Santa Monica, CA 90404

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For Sale

$2,150,000

5 beds • 3 baths • 2,114 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $1,017.03
    Price per square foot

  • Over 50 Years Old
    Age

Explore 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!
MLS# SB24054923

Courtesy Of Redfin Corporation

(310) 409-2885

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Lawn
  • Architecture Style
    Other
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 1538 16th Street, Santa Monica, CA 90404

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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