833 16th Street C , Santa Monica, CA 90403
$2,800,000
Est. Payment: $14,089.16/mo
3 Bed
3 Bath
4071 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Wes Wellman , 310-829-7423 Wellman Realty Co. , 310-829-7423. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1941

County

Los Angeles

Area

C14 - Santa Monica

Listing ID

26858097

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Lot Dimensions:50x150
Garage Capacity:5
Zoning:SMR2*
Others:2+ Total Units
Principal Interest
$14,089
Taxes
$1,785

Home Price

$2,800,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$560,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,089.16

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,089.16 $1,785.00 $0.00 $15,874.16
Yearly $169,069.89 $21,420.00 $0.00 $190,489.89
Total $5,072,096.64 $642,600.00 $0.00 $5,714,696.64

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (Santa Monica, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-08-09T04:37:47.000Z

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