1538 16th St, Santa Monica, CA 90404
FOR SALE
Listed by Gregory Eubanks, Redfin Corporation, (310) 409-2885

1538 16th St
Santa Monica, CA 90404

Mid-City
  • 5 Beds
  • 3 Baths
  • 2,114 sqft
  • 5 Beds
  • 3 Baths
  • 2,114 sqft

$2,150,000

Est. Mortgage $13,724/mo*

Local Information

map showing home location
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Commute Destination

Description

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 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!

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$1,017
Listed
35 days ago

Home Details for 1538 16th St

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3
Appliances & Utilities
Appliances: Dishwasher, RangeDishwasherLaundry: None
Windows, Doors, Floors & Walls
Common Walls: 1 Common Wall
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: 1

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageParking Spaces: 1Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 35

Property Information

Year Built
Year Built: 1944
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Parcel Number: 4282035008

Price & Status

Price
List Price: $2,150,000Price Per Sqft: $1,017

Active Status

MLS Status: Active

Location

Direction & Address
City: Santa Monica

Agent Information

Listing Agent
Listing ID: SB24054923

Building

Building Area
Building Area: 2114 Square Feet

Community

Community Features: Sidewalks, Street LightsNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 7523 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

No Rent Control

Miscellaneous

Mls Number: SB24054923Attribution Contact: 3106637896

Additional Information

SidewalksStreet Lights
Last check for updates: 41 minutes ago
Listing Provided by: Gregory Eubanks DRE #01949808, (310) 663-7896
Redfin Corporation
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB24054923

Price History for 1538 16th St

DatePriceEventSource
03/23/2024$2,150,000Listed For SaleCRMLS #SB24054923
01/01/2024ListingRemovedCLAW #23-282055
10/13/2023$2,000,000PriceChange
CLAW #23-282055
08/09/2023$2,250,000PriceChange
CLAW #23-282055
06/19/2023$2,350,000Listed For SaleCLAW #23-282055
01/11/2023$2,150,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$23,536
Assessment$1,950,000
Home facts updated by county records

Comparable Sales for 1538 16th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.40
Multi-Family Home
$1,760,000
03/07/24
6
3
2,449
0.22
Multi-Family Home
$1,848,000
12/29/23
3
7
2,193
0.50
Multi-Family Home
$1,350,000
05/04/23
4
3
1,932
0.24
Multi-Family Home
$2,220,000
03/18/24
8
6
3,462
0.42
Multi-Family Home
$2,298,000
03/22/24
6
5
3,190
0.60
Multi-Family Home
$1,450,500
01/05/24
4
4
1,991
0.61
Multi-Family Home
$1,550,000
05/16/23
6
4
2,952

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Mid-City

  • Trulia User
    "Wish it was more pedestrian friendly. Some areas are nicer than others. Lots of traffic and some sketchy folks at times but overall still a good place to live. "
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  • Trulia User
    "Dogs always seem to be welcomed. people are friendly and responsible in regards tk cleaning up afyer their dogs. "
    0
    Flag
  • Trulia User
    "It is a very dog friendly but not a lot of people clean up after their dogs which is extremely annoying "
    0
    Flag
  • Trulia User
    "Nice area for families and children. Very homie vibe with lots and lots and lots of restaurants and places to drink."
    0
    Flag
  • Andrew B.
    "Palm trees and wide avenues quite but centralized. Great weather and close to the beach. Close to work. "
    5
    Flag
  • Jomo M.
    "Lived here for the last 5 years. Truly great neighborhood, walking distance to Trader Joes, Whole Foods, Erehwon, and Expo Line station. Very quiet, easy in and out with traffic. Both kids went to public schools, awesome education. Wished we lived here when they were little - the beautiful Douglass and Yahoo park are definite bonuses. Commute is probably the only against traffic in La County. "
    5
    Flag
  • Neil B.
    "Expensive and convenient everything is close, but it’s not a deal and you overpay to lie in this part of LA "
    1
    Flag
  • Jennafurnari
    "Great, quick and easy access to freeways. Central to most of Santa Monica. Driving against traffic when headed to DTLA"
    1
    Flag
  • Neil B.
    "Lots of other dogs and lots of green space for your dog to poo Wouldn’t like the lack of dog parks "
    0
    Flag
  • Gigi R.
    "Great neighborhood to live in near great schools and shopping and groceries and easy to freeways. Nice "
    0
    Flag
  • phock01
    "None not much goes on here! The community keeps to their self. Boring really could be better but every one stays to their self,"
    0
    Flag
  • Rob E.
    "Cons: limited grassy areas, food wrappers and half eaten fast food on the ground, lots of traffic Pros: people are generally pretty dog friendly ..."
    2
    Flag
  • Christian R.
    "Santa Monica has been a neighborhood oriented town in southern California for over 120 years. We have lived here for over 30 years and love it because everything is within walking distance for us."
    1
    Flag
  • mariam l.
    "Safe and quite and close to supermarket and other service. School are nearby and there are park and fun activity for kids "
    0
    Flag
  • Howie B.
    "This neighborhood is amazing. Walk to Whole Foods, Milo and Olive, Tacos Punta Cabra....the best of the best. CVS around the corner, and more dry cleaners than you can shake a stick at!"
    1
    Flag
  • Ross
    "Use to live here and miss it, the best area in LA, it has everything!"
    1
    Flag
  • Kathleen A.
    "Easy-breezy lifestyle! You can buzz around to many of the local cafes and grab a bite to eat around here. Very walkable. Such a cute area!"
    1
    Flag
  • Deborah B.
    "Bike to beach and studios, Water Garden in close proximity"
    0
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LGBTQ Local Legal Protections

Gregory Eubanks, Redfin Corporation
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1538 16th St, Santa Monica, CA 90404 is a 5 bedroom, 3 bathroom, 2,114 sqft multi-family built in 1944. 1538 16th St is located in Mid-City, Santa Monica. This property is currently available for sale and was listed by CRMLS on Mar 23, 2024. The MLS # for this home is MLS# SB24054923.