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$1,799,999

Beds
3
Baths
2.5
sq ft
1,634

1037 16th St Unit 10, Santa Monica, CA 90403

1037 16th St Unit 10

Santa Monica, CA 90403

  • 4 days on market
    • Open house Feb 04
Nestled north of Wilshire and a few blocks from Montana Ave., this radiant 3-bedroom, 2.5-bathroom townhome feels like a single-family home. Featuring hardwood floors throughout, high ceilings, skylights, crown moldings, and an abundance of natural light, every corner of this home is filled with warmth and charm. The primary suite is a true retreat, boasting a private balcony, a walk-in closet, a jacuzzi tub, and a steam shower. The kitchen is a chef's dream with stainless steel Miele appliances, granite countertops, Italian porcelain stone floors, and an eat-in breakfast area. In the sunlit open living room with a new electric fire, built-in bookshelves add a touch of elegance and the dining room layout is perfect for gatherings, with French doors opening to a charming patio. The expansive private patio wraps around the first floor, lushly landscaped with self-watering planters, retractable sunshades, and a BBQ area. An attached oversized 2-car private garage offers direct entry to the unit, with an additional third covered parking spot. The garage has ample storage shelving and a washer/dryer to complete this lovely home. Located in the Franklin Elementary School catchment area. The unit has fantastic tenants, paying $6,300 monthly until they vacate the property at the end of their lease August 24, 2025.

Details

Property type

Condominium

Est. home value

$1,538,921

Lot size

0.3442 acres

Price per sq ft

$1,102

Year built

1980

Monthly HOA fee

$810

Price History

01/29/2025
CLAW

CLAW #25490869

Listed
$1,799,999

Schools & Community

Neighborhood: 

Wilshire/Montana

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,298,858
Asking price
$1,799,999
Closing costs (~8% of asking)
-$144,000
Est. remaining loan balance
-$357,141
Cash to seller
$1,298,858

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fm Home Loans Llc

Loan start date

May 2018

Original loan amount

$570,000

Est. remaining balance

$357,141

Interest rate

3.91%

Loan type

New Conventional, 15 year

Seller

Miriam A Golden

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/02/2025 at 2:05 AM

Listing updated: 02/01/2025 at 9:45 PM

Listed by: Andrew Pearce, Sotheby's International Realty Phone #: (310) 454-0080

MLS: CLAW #25490869

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