$2,150,000

1538 16th Street, Santa Monica 90404

5

Beds

3

Baths

7,523

Lot Size

2

# Of Units

Listing Agent
Gregory Eubanks - Redfin Corporation

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!

Facts & Features

MLS® # SB24054923
Price $2,150,000
Bedrooms 5
Bathrooms 3.00
Lot Size 7,523
Year Built 1944
Type Residential Income
Sub-Type Duplex
Status Active
# Of Units 2

Community Information

Address 1538 16th Street
Area C14 - Santa Monica
City Santa Monica
County Los Angeles
Zip Code 90404

Amenities

Parking Spaces 1
# of Garages 1
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 1
Stories One

Exterior

Lot Description Yard

Additional Information

Date Listed March 22nd, 2024
Days on Market 40
Zoning SMR2*
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentGregory Eubanks
OfficeRedfin Corporation

Listing Map

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