
Santa Monica, California 90404
Analysis of 1753 16th Street, Santa Monica, California 90404 is currently available with a list price of $999,990. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1924, this property is very old and shows no evidence of significant recent renovations. The images reveal extremely outdated and neglected interiors. Both kitchens feature old white appliances, basic cabinets, worn countertops, and dated flooring. The bathrooms are in poor condition with old vanities, stained fixtures, and very basic, old tiling. The overall condition suggests the property requires substantial repairs and rehabilitation, aligning with the 'poor' category, and the listing description itself highlights the potential for redevelopment or extensive renovation.
Nestled in Santa Monica’s coveted Pico corridor, the property offers urban convenience, quiet charm, and highly desirable proximity to city amenities.
R-2 zoning on a 3,200 SF lot provides a rare opportunity to redevelop into a brand new duplex or extensively renovate/optimize the existing structure for income generation.
Conveniently located within walking distance to the 17th Street Metro, local shops, and cafes, promoting a desirable car-optional lifestyle.
Built in 1924, the property likely requires substantial renovation or complete redevelopment, implying significant upfront investment beyond the purchase price.
While R-2 zoned, the 3,200 sqft lot size may impose limitations on the scale or design of a new duplex development compared to larger parcels in the area.
Given the property's age and the explicit mention of 'redevelop/re-imagine' or 'renovate/optimize,' buyers should anticipate considerable expenses for modernization or rebuilding to maximize its value.
Nestled in Santa Monica’s coveted Pico corridor, 1753 16th St blends urban convenience with quiet charm. This R-2 zoned 3,200 SF lot offers the potential to redevelop/re-imagine the home into brand new duplex or renovate/optimize the existing structure. Walk to the 17th Street Metro, local shops, and cafés. Only 1.5 miles from Santa Monica beach/pier, 3.3 miles from Abbot Kinney Blvd, and 0.5 miles from Santa Monica College.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 60% |
| Baths | 2.0 | 0.0 | 60% |
| Square foot | 1,648 | 1,991 | 20% |
| Lot Size | 3,200 | 6,752 | 20% |
| Price | $1000.0K | $1.50M | 20% |
| Price per sq ft | $607 | $752 | 20% |
| Built year | 1924 | 1948 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 197 | 167 | 0% |
Oct 7, 2025
$999,990
Initial Listing
Oct 8, 1999
$76,245
Public Record
Sep 9, 1999
$10,000
Public Record