1538 16th Street
Santa Monica, CA, 90404
$2,499,000
MLS: 26663101
Beds
5
Baths
3
Sq Ft
2,114
Lot
0.17 ac
Year Built
1944
MLS #
26663101
Days on Market
39
Listed
Mar 12, 2026
Description
A beautifully renovated property, just minutes from the beach and Downtown Santa Monica. Set on a quiet, tree-lined street, 1538 16th Street offers a rare combination of flexibility, comfort, and long-term potential. At the rear of the property, the main residence features 3 beds and 2 baths with bright, welcoming interiors and thoughtful updates. The layout moves easily between indoor and out, for a home that works just as well for everyday living as it does for having people over. At the front of the property, an attached 2 bed, 1 bath ADU adds exceptional versatility: ideal for guests, extended family, rental income, or a private work-from-home setup. The property also offers plenty of gated driveway parking along with a large two-car garage with generous storage or potential to convert into another income-producing unit. Beyond its immediate lifestyle appeal, the property may also offer long-term upside under Santa Monica's evolving housing policies, including potential future benefits from SB79, making it perfect for both homeowners and investors looking toward future development potential. A move-in-ready Santa Monica home that combines flexible living spaces, parking, and future opportunity in one of the city's most sought-after neighborhoods.
Location
Santa Monica, Los Angeles County, CA 90404
Open on Google Maps ↗Listed by: Meghan Knox · Berkshire Hathaway HomeServices California Properties
Payment estimate
$17,659
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $249,900 · Loan: $2,249,100
- Principal & Interest
- $13,819
- Property tax (1.25%)
- $2,603
- Homeowners insurance
- $300
- Mortgage insurance
- $937
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $87,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Local Market Stats
See Santa Monica, CA 90404 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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