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902 16th St
Santa Monica, CA 90403 Santa Monica

$3,600,000 USD

Apartments For Sale • 5,560 SF

Property Details

Property Type Apartments
Total Building Size 5,560 SF
Lot Size 0.17 AC
Building Class B
Year Built 1926
Zoning R2, Santa Monica

56 Transit Score

81 Walk Score

                
                    Highlights
                
                                Prime Santa Monica location, 1 block south of Montana Ave
                            
                                5.10% CAP | 14.25 GRM - Current with only 1 vacancy projected at market
                            
                                Meticulously maintained and managed by owner for 35 years
                            
                                3 buildings on this lot with beautiful landscaping and 3 separate shared laundry areas for tenants
                            
                                Renovated and updated throughout the years including roof (new roof in 2024), plumbing and electrical
                            
                                Historically low vacancy building with fast turnovers

Amenities

Balcony
Courtyard
Dishwasher
Laundry Facilities
Washer/Dryer
Heating
Gas Range
Granite Countertops
Hardwood Floors
Refrigerator
Yard

Public Transportation

Transit/Subway	Drive	Walk	Distance
17 St/ Smc (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Los Angeles International	20 min	-	9.9 mi
Bob Hope	33 min	-	19.4 mi
Long Beach (Daugherty Field)	40 min	-	29.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Eric Sackler 310-979-4990 Coldwell Banker Commercial Realty

902 16th St Santa Monica, CA 90403 Santa Monica