Santa Monica, CA 90403 1127 16th Street
$2,800,000
25 more
Presented By: Wes Wellman with Wellman Realty Co.;
Beds • 12
Baths • 12
SQFT • 6,768
Home Details
Idea owner-user north of Wilshire. Vacant upper rear 2 BR/ 2 BA unit (F) with beautiful, real hardwood floors and spacious balcony nestled in a picturesque greenbelt. 5 other rented 2-BR units. Lush landscaping isolates residents from the distractions of typical urban blight creating a little island of serenity. (Request listing broker to send exterior video tour.) Rents on B, C and D include the 3% rent increase due 9/1/2024. Rent on Unit F is projected. Laundry Room onsite and gate entry. Discuss ADU potential with City.
Presented By: Wes Wellman with Wellman Realty Co.;
Interior Features for 1127 16th Street
Bedrooms
Total Bedrooms12
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories
General for 1127 16th Street
Additional Parcels Y/NNo
Attached Garage No
Cap Rate4.45
Carport Y/NYes
CitySanta Monica
CoolingNone
CountyLos Angeles
Days on Market82
DirectionsNorth of Wilshire, West of Euclid
Full Baths
Garage Y/NNo
Gross Income214617.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7505.0
Lot Size UnitsSquareFeet
MLS AreaC14 - Santa Monica
MobileHomeRemainsYNNo
Net Operating Income129106.24
New ConstructionNo
NumberOfUnitsTotal6
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1958
ZoningSMR2*
Exterior for 1127 16th Street
Building Area Total6768.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1723
Lot Size Area7505.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCarport
SpaNo
Total Parking0.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480