1037 16th Street 10, Santa Monica, California 90403, Santa Monica, 90403 - 3 bed, 3 bath
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Santa Monica, California 90403
This Renovated Santa Monica Townhouse is a Strong Value Opportunity, listed at $1,599,000—positioned well below the $1,688,257 Fair Market Value by 5%. This valuation gap provides $89,257 in Instant Equity. Boasting a Move-In Ready Condition, the home features Miele appliances, granite countertops, and a private wrap-around patio. Located blocks from Montana Avenue, it offers access to the 9/10 rated Franklin Elementary. This is an exceptional acquisition for Owner-Occupants or lifestyle-driven buyers seeking immediate appreciation in a premier coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1037 16th Street 10 Subject | $1,599,000* List Price | 3 | 3 | 1,634 | $1,033 | - |
A 1128 15th Street 3 Sold | $1,730,000 | 2 | 3 | 1,669 | $1,037 | 0.2 mi |
B 1033 12th Street 102 Sold | $1,750,000 | 4 | 2 | 1,625 | $1,077 | 0.3 mi |
C 1730 California Avenue 4 Sold | $1,790,000 | 2 | 3 | 1,607 | $1,114 | 0.1 mi |
D 814 18th Street F Sold | $1,700,000 | 2 | 3 | 1,500 | $1,133 | 0.3 mi |
E 1426 California Avenue 1 Sold | $1,295,000 | 2 | 3 | 1,351 | $959 | 0.1 mi |
F 1623 Idaho Avenue Sold | $1,600,000 | 2 | 3 | 1,669 | $959 | 0.2 mi |
G 1049 16th Street 5 Pending | $1,489,000 List Price | 3 | 3 | 1,516 | $982 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is in move-in ready condition with high-end, recent renovations. The kitchen features top-of-the-line Miele appliances and granite countertops, while the entire home is finished with newer wood flooring. The presence of modern French doors, a primary suite with a dual-vanity bathroom, and a private direct-access garage indicates that the property has been extensively updated to meet current luxury standards, despite its 1980 build date.
Elementary School: Franklin Elementary School (9/10).
Situated just blocks from Montana Avenue and within walking distance to top-rated schools like Lincoln Middle, this property offers an elite Santa Monica lifestyle in a highly walkable neighborhood.
The oversized two-car garage provides rare direct access into the home, offering a level of convenience, storage, and security that is highly sought after in high-density coastal areas.
The monthly HOA fee of $810 is relatively high for a townhouse, which may impact the overall monthly carrying costs and appeal for some buyers.
The property listing explicitly notes a lack of views, which can be a drawback in a premium market where buyers often expect scenic vistas or ocean breezes.
Beautiful 3-bedroom, 2.5-bathroom townhouse just blocks from Montana Avenue. This multi-level unit features a private oversized 2-car garage with direct access into the home. The main living area includes a comfortable living room with fireplace, dining area, open kitchen that flows to a cozy den or workspace, and a center hall with powder room. Situated in the rear of the complex, the unit offers a wrap-around patio with glass French doors that bring in abundant natural light and create an easy indoor/outdoor flow for entertaining. The recently updated kitchen is equipped with top-of-the-line Miele appliances and granite countertops. All three bedrooms are located on the upper level, including a generously sized primary suite with dual-vanity bathroom with tub and shower, along with a walk-in closet. Two additional bedrooms and a shared hallway bathroom complete the upper floor. The home is finished with newer wood flooring throughout, creating a warm and cohesive feel. Located on one of Santa Monica's most desirable residential streets, the property is just minutes from the beach, Montana Avenue shops, and nearby dining. A comfortable home offering a wonderful Santa Monica lifestyle.
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 | 3.0 | 2.0 | 71% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 1,634 | 1,394 | 69% |
| Lot Size | 14,993 | 7,985.5 | 62% |
| Price | $1.60M | $1.43M | 62% |
| Price per sq ft | $979 | $994 | 47% |
| Built year | 1980 | 1974 | 60% |
| HOA | $810.0 | $652 | 81% |
| Days on market | 48 | 172 | 3% |
Mar 5, 2026
$1,599,000
Initial Listing
Jul 1, 2003
$710,000
Public Record