1013 16th Street 101, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 4 bath
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Santa Monica, California 90403
This Remodeled Santa Monica Townhome is a High-Potential Investment Opportunity, listed at $1,749,500—positioned well below the $1,983,054 Fair Market Value by 11%. This valuation gap offers $233,554 in Instant Equity. Boasting an Excellent Condition Rating after a high-end renovation, the 1,850 sqft interior features a chef's kitchen with Blue Star appliances and a versatile bonus room. Zoned for the 9/10 rated Franklin Elementary, this turnkey residence balances significant financial upside with coastal luxury. It is the premier choice for Owner-Occupants or lifestyle-driven buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1013 16th Street 101 Subject | $1,749,500* List Price | 2 | 4 | 1,850 | $1,072 | - |
A 1730 California Avenue 4 Sold | $1,790,000 | 2 | 3 | 1,607 | $1,114 | 0.2 mi |
B 1049 16th Street 5 Sold | $1,489,000 | 3 | 3 | 1,516 | $982 | 0.1 mi |
C 1128 15th Street 3 Sold | $1,730,000 | 2 | 3 | 1,669 | $1,037 | 0.2 mi |
D 808 Washington Avenue Sold | $1,660,000 | 2 | 3 | 1,568 | $1,059 | 0.6 mi |
E 958 18th Street 5 Sold | $1,625,000 | 2 | 2 | 1,481 | $1,097 | 0.1 mi |
F 930 California Avenue 301 Active | $1,895,000 List Price | 3 | 3 | 1,612 | $1,176 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1975, the property has undergone an extensive, high-end renovation within the last 5 years. It features a chef's kitchen with premium Blue Star and Miele appliances, quartz countertops, and custom cabinetry. Significant infrastructure updates include a new Bosch heat pump HVAC system and new electrical wiring. The interior presents in like-new condition with modern stone-accented fireplaces, recessed lighting, and a finished 'showroom' garage.
Elementary School: Franklin Elementary School (9/10).
The property features a high-end chef's kitchen with Blue Star and Miele appliances, complemented by essential infrastructure updates including a new Bosch heat pump HVAC system and new electrical wiring.
With 1,850 sqft of living area, the layout includes a flexible lower-level bonus room with its own bathroom and patio, ideal for a professional home office, creative studio, or guest quarters.
The association fee is $810 per month, which is a substantial recurring expense that may impact the budget of fee-sensitive buyers.
Being a front-facing unit on 16th Street, the property may be subject to more traffic noise and less privacy compared to units located deeper within the complex.
Enjoy refined coastal living in this beautifully remodeled front-facing townhome in the heart of Santa Monica, featuring 2 en-suite bedrooms and 3.5 bathrooms across 1,850 sqft of living space. The light-filled living room boasts soaring ceilings, a stone-accented gas fireplace, and opens to a private front patio for effortless indoor-outdoor living. The chef's kitchen includes a Blue Star range, Miele dishwasher, quartz countertops, and custom cabinetry, with a wine fridge in the adjacent dining room. A lower-level bonus room with bathroom offers ideal potential for a work-from-home office, creative studio, gym, or additional guest quarters, opening to a secluded patio. A powder room and side-by-side washer/dryer are located conveniently nearby, adding to the ease of modern living. Upstairs, the primary suite offers vaulted ceilings, two closets (one walk-in), and a wraparound balcony. A second upstairs bedroom features high ceilings, an en-suite bathroom, and generous storage. Additional upgrades and features include a new Bosch heat pump HVAC, new electrical wiring, and a private 2-car garage showroom with built-in storage and checkered-flag style flooring. With all of the best dining, entertainment, and shopping that Santa Monica has to offer, along with close proximity to the ocean, this property is a true gem.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 4.0 | 2.0 | 91% |
| Square foot | 1,850 | 1,394 | 83% |
| Lot Size | 7,507 | 7,756.5 | 26% |
| Price | $1.75M | $1.43M | 74% |
| Price per sq ft | $946 | $994 | 38% |
| Built year | 1975 | 1974 | 52% |
| HOA | $810.0 | $652 | 81% |
| Days on market | 20 | 172 | 2% |
Apr 2, 2026
$1,749,500
Initial Listing
Aug 9, 2007
$940,000
Public Record