1013 16th Street 104, Santa Monica, California 90403, Santa Monica, 90403 - 3 bed, 2 bath
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Santa Monica, California 90403
This Turnkey Townhome represents a Prime Investment Opportunity, listed at $1,490,000—positioned well below the $1,522,448 Fair Market Value by 2%. This valuation gap offers $32,448 in Instant Equity. Featuring a Condition Rating of 3, the residence includes a private roof deck, direct-access two-car garage, and modernized spa-like shower. Located in the prestigious Wilshire-Montana neighborhood, it is zoned for top-rated schools like Franklin Elementary. This is an ideal acquisition for Owner-Occupants or discerning professionals seeking coastal luxury.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1013 16th Street 104 Subject | $1,490,000* List Price | 3 | 2 | 1,701 | $923 | - |
A 914 Lincoln Boulevard 301 Sold | $1,050,000 | 3 | 2 | 1,395 | $753 | 0.7 mi |
B 1207 California Avenue Sold | $1,580,000 | 3 | 3 | 1,740 | $908 | 0.3 mi |
C 832 15th Street 4 Sold | $1,784,000 | 2 | 3 | 1,683 | $1,060 | 0.2 mi |
D 843 4th Street 103 Sold | $1,498,000 | 3 | 3 | 1,747 | $857 | 0.9 mi |
E 1133 9th Street 102 Sold | $1,513,000 | 2 | 2 | 1,410 | $1,073 | 0.6 mi |
F 1932 Idaho Avenue Sold | $1,515,000 | 3 | 3 | 1,634 | $927 | 0.3 mi |
G 808 Washington Avenue Sold | $1,660,000 | 2 | 3 | 1,568 | $1,059 | 0.6 mi |
H 806 Washington Avenue Sold | $1,485,000 | 2 | 3 | 1,568 | $947 | 0.6 mi |
I 1020 19th Street 6 Pending | $1,425,000 List Price | 3 | 2 | 1,533 | $930 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1974, the property has undergone significant recent renovations including a newly installed spa-like walk-in shower, newer electrical systems, and newer flooring. The kitchen features stainless steel appliances and the home is well-maintained and move-in ready, balancing original character like terracotta tiles with modern updates.
Elementary School: Franklin Elementary School (9/10).
Situated in one of Santa Monica's most coveted neighborhoods, the property offers unparalleled access to Montana Avenue's upscale boutiques and is zoned for top-tier schools including Franklin Elementary and Lincoln Middle.
As one of only six units in the building, this townhome provides a sense of exclusivity and includes a rare direct-access private two-car garage, a highly sought-after feature in this high-density coastal area.
The monthly HOA fee of $810 is relatively high for a small 6-unit complex, which may be a deterrent for budget-conscious buyers or those looking for lower carrying costs.
Despite its prime location and outdoor spaces, the property listing explicitly notes a lack of views, which may limit its appeal compared to other high-end coastal properties in the same price bracket.
Ideally located in Santa Monica's highly coveted Wilshire-Montana neighborhood, this beautifully maintained townhome offers the perfect balance of coastal elegance, sophisticated design, and everyday convenience. Just moments from Montana Avenue's renowned boutiques, cafes, restaurants, fitness studios, and specialty markets, residents enjoy one of the Westside's most desirable lifestyles, with easy access to the beach, Brentwood, Palisades Village, parks, and top-rated schools. One of just 6 units within the building, the light-filled residence showcases soaring ceilings, expansive windows, and a thoughtfully designed floor plan featuring spacious living areas, terracotta tile flooring and vaulted ceilings in the bedrooms. The spacious living room features a fireplace and seamless access to a private outdoor space, providing ideal settings for al fresco dining, entertaining, or simply enjoying Santa Monica's year-round coastal climate. The kitchen is well-appointed with ample cabinetry, stainless steel appliances, and generous workspace, creating an ideal setting for both everyday living and entertaining. The expansive primary suite serves as a private retreat, complete with vaulted ceilings, generous closet space, and a private roof deck, and newly installed spa-like walk-in shower. Additional features include a private direct-access two-car garage, newer electrical, and newer flooring. This property is situated in an exceptional location within one of Santa Monica's most sought-after residential enclaves, offering the best of coastal living with unmatched access to shopping, dining, recreation, and the beach; a rare opportunity to own in one of Santa Monica's premier neighborhoods.
No exterior & parking available.
Grades PK-5 • 0.7 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,701 | 1,346 |
| Lot Size | 7,507 | 7,869 |
| Price | $1.49M | $1.33M |
| Price per sq ft | $876 | $977 |
| Built year | 1974 | 1978 |
| HOA | $810.0 | $500 |
| Days on market | 41 | 57 |
Jun 11, 2026
$1,490,000
Initial Listing
Jul 18, 1996
$265,000
Public Record