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ActiveSingleFamilyResidence

702 16th Street

Santa Monica, CA, 90402

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$4,195,000

MLS: 26861847

Beds

3

Baths

4

Sq Ft

1,998

Lot

0.17 ac

Year Built

1937

MLS #

26861847

Days on Market

2

Listed

Aug 3, 2026

Description

Welcome to this Bohemian Spanish oasis offering the perfect blend of serenity and vibrant coastal living. Located in a highly coveted pocket of Santa Monica between Montana Avenue and San Vicente Boulevard, the nearly 2000 square foot main house, is designed for both quiet relaxation and outdoor entertaining. Guests are greeted by a welcoming courtyard that flows beautifully through curved archways and airy French doors. The property also features a guesthouse with a full bathroom above the garage. This detached garage has been converted into a dedicated home office with ample storage, creating a versatile work-from-home environment. The backyard provides the perfect setting for relaxing and entertaining, with a pool and spa, as well as an inviting outdoor dining area. This home is ready for it's next owner to enjoy as-is or to take it to the next level. Property is sold AS-IS, with no credits or repairs to be given.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Susan Newirth · Compass

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$30,505

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $419,500 · Loan: $3,775,500

%

Average 30-yr fixed rate 6.66% as of Jul 30, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$24,262
Property tax (1.25%)
$4,370
Homeowners insurance
$300
Mortgage insurance
$1,573
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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 Jul 30, 2026

30-year fixed
6.66%
15-year fixed
6.04%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $146,825 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.

Similar Homes Nearby

Active and pending listings in ZIP 90402 (Santa Monica)within ±10% of this home's price and size.

Local Market Stats

See Santa Monica, CA 90402 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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.