1049 16th Street 5, Santa Monica, California 90403, Santa Monica, 90403 - 3 bed, 3 bath

1049 16th Street 5, Santa Monica, California 90403 home-pic-0

1049 16th Street 5

Santa Monica, California 90403

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,516Sq Ft
13,495Lot Size

Property Price

LIST PRICE$1,489,000

SUMMARY

Analysis of 1049 16th Street 5, Santa Monica, California 90403 is currently available with a list price of $1,489,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property underwent an extensive and high-quality renovation in 2021, placing it well within the 5-year window for an 'excellent' rating. The transformation includes a modern reimagined kitchen with custom cabinetry and stainless steel appliances, fully remodeled bathrooms, new flooring throughout, and significant upgrades to major systems including the HVAC, electrical panel, and water heater.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Franklin Elementary School (9/10).

  • Comprehensive 2021 Remodel

    The property underwent an extensive transformation in 2021, featuring a reimagined kitchen, updated HVAC, new electrical panel, and modern finishes throughout, offering a truly turn-key experience for buyers.

  • Exceptional Privacy and Layout

    As a rare end-unit where none of the three bedrooms share a wall with neighbors, this home provides a level of quiet and privacy seldom found in high-density townhouse living.

CONSRISKS & DEFICIENCIES

  • High Monthly HOA Fees

    At $660 per month, the association fees represent a significant recurring expense, which may impact the debt-to-income ratio for some perspective buyers.

  • Lack of Scenic Views

    Despite the premium Santa Monica location, the unit lacks any notable views, which can be a drawback for luxury buyers in this price point seeking coastal or city vistas.

About 1049 16th Street 5

This quiet and private 3-bedroom, 2.5-bath end-unit townhouse was thoughtfully transformed in 2021 with no detail overlooked. The current owners invested extensively to create a stylish and highly functional home for themselves after welcoming their first child, and are now ready to pass it on. The reimagined kitchen features custom cabinetry, stainless steel appliances, updated countertops with an extended island, new sink and fixtures, and upgraded hardware. New flooring and baseboards run throughout the home, complemented by fresh interior paint and energy-efficient lighting. Additional improvements include a resurfaced fireplace, custom-built closets and doors, remodeled bathrooms with updated fixtures, a new stair railing, a redesigned laundry room with new appliances and built-ins, a newer HVAC system, upgraded electrical panel, a new water heater, and more. The well-designed floor plan is ideal for both everyday living and entertaining. An inviting living room flows seamlessly into the dining area and open kitchen. Just off the dining space is a convenient powder room and access to the lower level, where you'll find the laundry room and direct entry to a secure, semi-private garage. The garage offers side-by-side parking and an oversized, private storage room. Upstairs, three spacious bedrooms complete the home--none of which share a wall with a neighboring unit! Additional highlights include central air and heat, a well-managed HOA with strong reserves, and earthquake insurance. Ideally located north of Wilshire, this home is in close proximity to premier shops, dining, and everyday conveniences, and is served by highly-regarded Franklin Elementary School.

Property Details

Public Facts

Property Type
Condominium
Year Built
1978
Lot Size
13,495 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$660.0 / Month

Neighborhood Insights

Santa Monica Unified Schools

Franklin Elementary School

Grades PK-5 • 0.7 mi

9/10

Roosevelt Elementary School

Grades K-5 • 0.7 mi

8/10

Lincoln Middle School

Grades 6-8 • 0.1 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
68%
Baths3.03.0
50%
Square foot1,5161,410
56%
Lot Size13,4957,754
62%
Price$1.49M$1.44M
52%
Price per sq ft$982$986
50%
Built year19781976
52%
HOA$660.0$600
64%
Days on market16167
2%

Pricing History

Listed for Sale

Feb 18, 2026

$1,489,000

Initial Listing

Sold

Jul 24, 2020

$1,252,000

Public Record

Sold

Aug 6, 2008

$808,000

Public Record

Sold

Aug 18, 2005

$750,000

Public Record

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