Santa Monica, CA 90404 1538 16th Street

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Presented By: Gregory Eubanks with Redfin Corporation; 3106637896
  • MLS# SB24054923
  • 03/22/2024
  • Request Tour
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  • BedBeds • 5
  • BathBaths • 3
  • FootageSQFT • 2,114
  • GarageGarage • 1

Home Details

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!
Presented By: Gregory Eubanks with Redfin Corporation; 3106637896

Interior Features for 1538 16th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem1CommonWall
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixStreet
Total Stories1

Other Rooms

Entry Level1

General for 1538 16th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySanta Monica
Community FeaturesStreetLights, Sidewalks
CountyLos Angeles
Days on Market3
DirectionsCrossroads: Colorado Ave and 16th st
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces1.0
Garage Y/NYes
Gross Income0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense7500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Submit
Lot Size Square Feet7523.0
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Operating Expense0.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street Name16th
Tax LotH
Total Units2
Trash Expense2500.0
View Y/NNo
Water Sewer Expense2500.0
Waterfront Y/NNo
Year Built1944
Year Built SourcePublicRecords
ZoningSMR2*

Exterior for 1538 16th Street

Building Area Total2114.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesYard
Lot Size Acres0.1727
Lot Size Area7523.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking1.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $2,150,000
MLS#SB24054923
List Date 03/22/2024
Property Type Multi-Family
Phone 714.964.3311
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