$2,800,000
 $15,031 est/mo Sourced by Back At You

833 16th Street C,Santa Monica, CA 90403

Santa Monica, CA 90403

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Description

Located on 16th Street just a half block south of Montana Avenue, this property sits in one of Santa Monica's most coveted rental corridors. Montana Avenue is widely regarded as the city's premier neighborhood retail street, offering a walkable mix of upscale boutiques, cafes, fitness studios, and everyday conveniences. The area attracts a stable, high-income tenant base drawn to its quiet residential character, proximity to the beach, and easy access to Wilshire Boulevard and the greater Westside. This is a rare small-scale community or ideal extended family compound investment opportunity, featuring six 1-bedroom units. Four units are currently vacant, with two additional units potentially available in the near term, offering significant flexibility for an owner-user or investor to reposition rents. The property is a classic 1940s courtyard-style building with strong curb appeal and a desirable layout. Five units retain original hardwood flooring, with one unit updated with laminate. Four of the ground-floor units feature both front and rear entrances, enhancing privacy and livability. The unit mix includes three ground-floor vacancies and one upper-level vacancy. Additional amenities include five single-car garages, a highly sought-after feature in this neighborhood. Please do not disturb occupants. Expenses & rents for vacant units are projected.

Details

MLS #26858097
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1941
Days On Site51
Listing Provided ByWellman Realty Co. | Wes Wellman

Features

Bed(s)6
Bath(s)6
SQ Feet4,071
Story(s)2
Units6
Building(s)1
ZoningSMR2*
Acreage0.17

Interior

CoolingNone
Cooling Yes / NoNo

Parking

Attached Garage Yes / NoYes

Area Information

StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90403
AreaC14 Santa Monica
Listing VS Median (in 90403)
Price:
$2,800,000
low | high
Med:
$3,197,500
35.803571428571% of Average
sqft:
4,071
low | high
Med:
5,324
19.221321542619% of Average
$ / sqft:
$688
low | high
Med:
$714
46.221324354075% of Average
On site:
51
low | high
Med:
91.5
55.737704918033% of Average
Sourced by Back At You

Market Activity 90403

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Learn More About This Property

StateCA
CountyLos Angeles
CitySanta Monica
Zip Code90403
AreaC14 Santa Monica
Listing VS Median (in 90403)
Price:
$2,800,000
low | high
Med:
$3,197,500
35.803571428571% of Average
sqft:
4,071
low | high
Med:
5,324
19.221321542619% of Average
$ / sqft:
$688
low | high
Med:
$714
46.221324354075% of Average
On site:
51
low | high
Med:
91.5
55.737704918033% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.1M - $3.5M
sqft: 3,000 - 5,000
Nearby Listings Property ImageNearby Listings Details
947 17th Street Property Photo 1
$2,695,000
947 17th Street
Santa Monica, CA 90403
Listing Updated: August 21, 2026 at 11:38:44 PM PDT