502 16th Street

Santa Monica, CA 90402

$10,300,000
Last Sold Price
5
Beds
5
Baths
3
1/2 Baths
6,320 Sq. Ft.
$1,630 / Sq. Ft.
6,320
Sq. Ft.
$1,630
per Sq. Ft.

Description

Authentic 1926 Spanish Estate on a rare DOUBLE, corner, lot! This trophy property is a true showstopper and not to be missed! Situated on one of the very best lots North of Montana, over 14,600 square feet, and offering the utmost privacy and a massive backyard with pool. The romance and charm of a bygone era is best enjoyed along with all of today's modern amenities and technology! Hand-hewn hardwood floors, archways, steel windows, venetian plaster and custom tilework all enhance the character...Authentic 1926 Spanish Estate on a rare DOUBLE, corner, lot! This trophy property is a true showstopper and not to be missed! Situated on one of the very best lots North of Montana, over 14,600 square feet, and offering the utmost privacy and a massive backyard with pool. The romance and charm of a bygone era is best enjoyed along with all of today's modern amenities and technology! Hand-hewn hardwood floors, archways, steel windows, venetian plaster and custom tilework all enhance the character and elegance of this unique home. Some of the many upgrades include: Lutron Smart House system, whole-house radiant heated floors, water filtration & softener, soundproofing between rooms, wiring for Cat6, fiber optic, low voltage & coax cable, and an extensive 15 kW photovoltaic system providing solar power for the home, pool and spa. In addition to being cooled by ocean breezes, the home temperatures are also maintained by 4 top-of-the-line Carrier Infinity Heating/Air conditioners with 8 zones! Over 6,300 square feet of living space, the classic floor plan allows generous room sizes and a wonderful indoor/outdoor flow, everything is just where you want it! A welcoming step-down living room with fireplace and high beamed ceilings opens to a covered patio- this inviting lanai is set-up for an outdoor theater with drop-down screen, overhead heaters and surround sound. A huge formal dining room leads to the chef's kitchen featuring dual dishwashers, double ovens, freezer drawers and a large center island. The cheerful breakfast room sits adjacent to a home office space and walk-in pantry-complete with a second freezer! Outside the kitchen is a separate courtyard area shaded by a mature olive tree with a tiled wall fountain facing the kitchen and breakfast room windows. An oversized family room opens to, and enjoys views of, the gorgeous backyard through large statement windows. A guest room and crafts nook round out the main level. Upstairs you will find 4 lovely bedrooms including a sumptuous primary suite with a pretty balcony overlooking the stunning backyard, luxurious bathroom, dual walk-in closets and a nook perfect for your peloton! Also upstairs is a beautiful sunroom which could be a craft room, office, library, yoga studio, etc. The lower level provides an additional family room/home theater, 3000-bottle wine cellar and wet bar. The jaw dropping backyard is surrounded by mature, designer landscaping and has everything you could desire! Ultra-quiet due to being on a corner with a west facing backyard surrounded by mature trees and a ten foot stone wall. A grassy lawn, large pool and spa (with underwater speakers), fantastic BBQ kitchen- complete with TV, fountains, pool bath, outdoor shower and even a Meditation patio! An oversized 3-car garage provides additional storage. Above the garage there is a fully appointed office with treetop views. Offering built-ins, bath and a large balcony overlooking the backyard. This rare property is of the highest caliber and must be seen in person to fully appreciate it!

Listing Agents

  1. Loraine Silver

    Loraine Silver

    Listing Agent

    Compass

    DRE #00800114

  2. Shann Silver

    Shann Silver

    Alternative Listing Agent

    Compass

    DRE #01729595

Property Details for 502 16th Street

Zoning
SMR1*
Style
Spanish
Parcel Number
4279027012
Living Area
6320
Source Living Area
Plans
Area
Santa Monica (C14)
Lot Size Area
14602
Source Lot Size Area
Plans

Location

Listing Courtesy of Compass, Loraine Silver, DRE #00800114; Compass, Shann Silver, DRE #01729595

Sold By Compass, Susan Kastner, DRE #01237053

Add your commute
LISTING UPDATED: 06/12/2023 11:29 AM

Property Details for 502 16th Street

StatusSold
MLS #23-265815
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1926
Lot Size0.34 AC / 14,602 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Loraine Silver, DRE #00800114; Compass, Shann Silver, DRE #01729595

Sold By Compass, Susan Kastner, DRE #01237053

Add your commute

Virtual Tour

Building Information for 502 16th Street

Stories3Year Built1926Building Size-Lot Size0.34 AC / 14,602 SF

Payment Calculator

$60,990 per month

30 year fixed, 7.25% Interest

Principal and Interest

$56,211

Property Taxes

$4,779

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 502 16th Street

Community / Development
Community / Development
  • HOA: No
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Detached
  • Year Built Source: Assessor
  • Number Of Stories: 3
  • View: Yes
  • View Description: Tree Top
  • Maids Room: true
Contract Info
Contract Info
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3327
  • Lot Size Square Feet: 14602
  • Lot Size Dimensions: 96x150
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: Garage - 3 Car, Electric Vehicle Charging Station(s), Detached
  • Total Parking: 3
  • Garage Spaces Total: 3
  • Parking Features: Garage - Three Door
  • Attached Garage: No
Interior Features
Interior Features
  • Room Type: Art Studio, Basement, Entry, Family Room, Jack & Jill, Living Room, Master Bathroom, Office, Walk-In Closet, Wine Cellar
  • Rooms: Art Studio, Bar, Basement, Breakfast, Breakfast Bar, Dining Room, Entry, Family Room, Jack And Jill, Lanai, Living Room, Master Bedroom, Office, Pantry, Patio Open, Powder, Walk-In Closet, Wine Cellar
  • Fireplace: Yes
  • Fireplaces: 1
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Den: No
  • Family Room: 1
  • Dining Room: 1
  • Furnished: Unfurnished
  • Cooling Type: Air Conditioning, Multi/Zone
  • Heating: Central, Radiant
  • Heating Type: Central, Floor, Radiant
  • Flooring: Hardwood, Stone Tile, Mixed
  • Equipment: Bar Ice Maker, Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Water Conditioner, Water Filter
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside, Room, On Upper Level
Exterior Features
Exterior Features
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Solar Heat, Private
  • Pool Features: Solar Heat, Private
  • Spa: Yes
  • Spa: In Ground, Solar Heated Spa, Private
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-04-2023

Property History for 502 16th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 502 16th Street

Taxable ValueLand$3,322,684Additions$1,540,549Total$4,863,233
Tax Record2023$57,343 ($4,779 / month)
Home Facts
Beds3Total Finished SqFt3,813 SqFtAbove Grade Finished SqFt3,813 SqFtStories2Lot Size14,493 SqFtStyleSingle Family ResidenceYear Built1926ZoningSMR1*CountyLOS ANGELESAPN4279-027-012

Schools near 502 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 - K to 8
Rating
School
Distance
Franklin Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Santa Monica Alternative (K-8) School
PublicK to 8

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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Loraine Silver, DRE #00800114; Compass, Shann Silver, DRE #01729595

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.