828 16th Street, Santa Monica, California 90403

$4,895,000

Property Type

Residential Income

Bedrooms

12

Bathrooms

14

Square Feet

9,700 sqft

City

Santa Monica

Status

Active

Attention, Owner-Users and Investors: This amazing six-unit luxury building is located just south of Montana Avenue in a prime, highly sought neighborhood of Santa Monica. Enjoy strong income and upside potential! Three of six units, including the front owner's unit, will be delivered vacant upon close of escrow. Live in a fabulous home and rent out the others or add this to your investment portfolio and purchase an amazing property at a great value. The large front-facing owner's unit is like a single-family residence and spans three levels, with three bedrooms, 3.5 bathrooms, a huge extra bonus room, and a four-car garage. Five additional units have been renovated or are in excellent condition and include a mix of single-level and townhouses, each with a one-car garage. The large front unit includes a beautiful French country kitchen with top-of-the-line appliances, a formal dining room with sliding doors opening to a side patio for al-fresco dining, and a primary suite with excellent treetop views. Secondary bedrooms are spacious, and a lower level has a bonus flex space that can be used for guests, as a hobby room, artist's retreat, office, gym, and more. Attached to the bonus room is a private laundry room with side-by-side washer/dryer. Welcome!