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23 Mahogany Irvine CA 92620 | MLS #OC26106651

833 16th ST #C Santa Monica CA 90403 | MLS #26858097

MLS #26858097 image #0
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.
Current real estate data for Single Family in Santa Monica as of Sep 06, 2026
386
Single Family Listed
80
Avg DOM
508
Avg $ / SqFt
$2,010,062
Avg List Price

Property Details

Price:
$2,800,000
MLS #:
26858097
Status:
Active
Beds:
6
Baths:
6
Type:
Single Family
Neighborhood:
c14santamonica
Listed Date:
Jul 10, 2026
Finished Sq Ft:
4,071
Total Sq Ft:
4,071
Lot Size:
7,511 sqft / 0.17 acres (approx)
Year Built:
1941
C14 – Santa MonicaC14santamonica

Schools

Interior

Cooling
NO
Levels
S

Exterior

Attached Garage YN
1
Parking Spots
5
Parking Total
5

Financial

Gross Operating Income
$196,440
Net Operating Income
$147,330

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Property Summary

    833 16th ST #C Santa Monica CA is a Single Family for sale in Santa Monica, CA, 90403. It is listed for $2,800,000 and features 6 beds, 6 baths, and has approximately 4,071 square feet of living space, and was originally constructed in 1941. The current price per square foot is $688. The average price per square foot for Single Family listings in Santa Monica is $508. The average listing price for Single Family in Santa Monica is $2,010,062. To schedule a showing of MLS#26858097 at 833 16th ST #C in Santa Monica, CA, contact your agent at 8189391841.

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833 16th ST #C
Santa Monica, CA