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

1049 16th Street 5
Santa Monica, California 90403
Property Price
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
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
Roosevelt Elementary School
Grades K-5 • 0.7 mi
Lincoln Middle School
Grades 6-8 • 0.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 68% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,516 | 1,410 | 56% |
| Lot Size | 13,495 | 7,754 | 62% |
| Price | $1.49M | $1.44M | 52% |
| Price per sq ft | $982 | $986 | 50% |
| Built year | 1978 | 1976 | 52% |
| HOA | $660.0 | $600 | 64% |
| Days on market | 16 | 167 | 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





























