$5,595,000
921 16th Street, Santa Monica CA 90403
Multi-Family (6 Units)
Property type
88 days
On market
$1,062
Price per sqft
N/A
Garage
1927
Year built
7,499 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Donald Heller DRE #01198240 424-655-3867, Christie's International Real Estate SoCal, Bjorn Farrugia DRE #01864250 310-998-7175, Carolwood Estates
Listing updated: May 11, 2026 at 07:17pm.
Last checked: Jun 15, 2026 at 08:30pm
Source: CRMLS #26666473
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 2 | 1 | — | $6,556 | $6,556 | $6,753 | Unfurnished |
| 1 | 3 | 2 | — | $6,060 | $6,060 | $6,242 | Unfurnished |
| 3 | 1 | 1 | — | $3,424 | $3,424 | $3,527 | Unfurnished |
# of Buildings: 3
# of Units Total: 6
Dishwasher: 6
Disposal: 6
Ranges: 6
Refrigerator: 6
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
15.8x
List Price / Annual Gross Rent
Cap Rate
4.6%
NOI / List Price
Net Operating Income: $257,627
Interior
Flooring: Tile, Wood
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Disposal, Range, Refrigerator, Dryer, Washer
Fireplace: Living Room
Laundry: Common Area, Laundry Room, Outside, Dryer Included, Washer Included
Exterior
Property Attached: Yes
Stories Total: 0
Levels: One, Two, Multi Split
Roof: Composition, Shingle
Foundation: Raised
Construction Materials: Stucco
Property Condition: Updated Remodeled
Common Walls: One Common Wall
Direction Faces: West
Security Features: Carbon Monoxide Detectors, Gated Community, Smoke Detectors
Sewer: Other
View: None
Garage and Parking
Parking Total: 3
Lot Information
Land Lease: No
Parcel #: 4281002021
Zoning: SMR2*
Community
HOA: No
Senior Community: No
Community Features: Gated