1538 16th Street
1538 16th Street
$2,150,000
5
3
2,114
2,114
$1,017
Description
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...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!
- Listed by Gregory Eubanks • DRE #01949808 • Brokerage DRE #01521930 • Redfin Corporation • 3106637896
Property Details for 1538 16th Street
Parking Spaces Total
1
Private PoolNo
Total Units2.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2114
Assessor Parcel Number4282-035-008
Property Attached YNtrue
Location
LISTING UPDATED: 03/25/2024 12:02 PM
Property Details for 1538 16th Street
Status | Active |
---|---|
MLS # | SB24054923 |
Days on Market | 70 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1944 |
Lot Size | 0.17 AC / 7,523 SF |
County | Los Angeles County |
Location
Building Information for 1538 16th Street
Stories1Residences-Year Built1944Building Size-Lot Size0.17 AC / 7,523 SF
Payment Calculator
$13,694 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1538 16th Street
Property History for 1538 16th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1538 16th Street
Taxable ValueLand$1,365,000Additions$585,000Total$1,950,000
Tax Record2023$23,536 ($1,961 / month)
Home Facts
Total Finished SqFt2,114 SqFtAbove Grade Finished SqFt2,114 SqFtLot Size7,521 SqFtStyleDuplexYear Built1944ZoningSMR2*CountyLOS ANGELESAPN4282-035-008
Schools near 1538 16th Street
This home is within Santa Monica-Malibu Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
McKinley Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Santa Monica High School Public9 to 12 | ||
Olympic High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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