1 month on rocket

1538 16th St, Santa Monica, CA, 90404

$2,150,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1538 16th St, Santa Monica$2,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
Garage1 space
Year Built1944
MLS #SB24054923
Lot Size0.17 Acres
StatusActive

About 1538 16th St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1944
  • Stories: 1

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (310) 663-7896
  • Listing Agent: Gregory Eubanks

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

School Info

Assigned Schools Information:

  • Santa Monica High School, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • McKinley Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Crossroads: Colorado Ave and 16th st

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,150,000

Tax Information:

  • Annual Amount: $1,687
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Santa Monica, CA.

Map thumbnail provided by MapBox

Santa Monica, CA

City

Med. Sold Price

$1.7M

Med. Price/SqFt

$1,109

Avg. Days On Market

45

# of Sold Homes

35

1538 16th St vs Santa Monica

39 DAYS ON ROCKET

-6 Days

$2,150,000

+$359.3K More

KEY TAKEAWAY

This property is $359.3K more than the Median Sold Price in Santa Monica, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB24054923

Listing Office:

  • Office Name: Redfin Corporation
  • Office Phone: (310) 663-7896
  • Listing Agent: Gregory Eubanks

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 11:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,687$75,591
2020$1,644$74,816
2019$1,477$73,350
2018$1,455$71,912
2017$1,455$70,503

History based on county public records data.

Payment Calculator

$10.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,512

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3973723
7
/10

  • McKinley Elementary School

  • 2401 Santa Monica Blvd

  • 0.67 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3973724
9
/10

  • Lincoln Middle School

  • 1501 California Ave

  • 0.64 miles

  • Public District Grades 6-8

High School

school-card-donut-3973725
9
/10

  • Santa Monica High School

  • 601 Pico Blvd

  • 0.85 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,793. Residents of Santa Monica, CA typically earn less than $35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Santa Monica›90404›1538 16th St

This home is located at 1538 16th St in Santa Monica, CA and zip code 90404 in the Pico neighborhood. This home, which was built in 1944, sits on a 0.17 acre lot. It has been listed on Rocket Homes since March 23, 2024 and is currently priced at $2,150,000.

Over 13 listings were sold over their listed price in March 2024 in Santa Monica, CA. In the same period over 19 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Santa Monica, CA increased by 22.3% between February 2024 and March 2024. The median list price of listings available in March 2024 was $1,790,666, while the average time on the real estate market was 45 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources