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
MLS #
CRSB24054923
MLS Source
California Regional MLS
Days on Site
60
Buyer's Brokerage Compensation*
2.50
Laundry
None
Pool
None
Garage/Parking
Garage: 1 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | 2 |
1538 16th St is a Duplex in Santa Monica, CA 90404. This – square foot property sits on a 7,523 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,150,000 and was built in 1944.
This address can also be written as 1538 16th St, Santa Monica, CA 90404.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of March 25, 2024. For the most current information, please contact Gregory Eubanks, (310) 663-7896