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1511 16th Street, 201, Santa Monica, CA 90404

$1.05M2bd · 1ba · 926 sqft
Lot 7,509 sqft•HOA $635/mo•Condominium•
Active
•68d on market•MLS# 00-26869111

Property Description

$75,000 price reduction from original list price. Distinctive architectural beauty, remarkable light and outdoor rooftop deck with 360 degree views of ocean, mountains and city. If you love what light can do, this is the place for you. Sunlight gradually washes the walls making each moment and angle special. Enjoy drinks and a bite to eat on the roof as you watch the rich golden glow of sunset on the mountains and ocean. Both sleeping areas are darker, making precious sleep easy. Airy, voluminous interiors. Enjoy a sense of scale that is bigger than the dimensions. Enter rooms that are two stories tall with a wall of windows (16' tall ceilings). Enjoy a massive roofdeck (135' long!) with multiple seating areas and extremely long viewlines. Even the generously proportioned bedroom has 12' tall ceilings. Remarkable spatial volume. Click the VIDEO link on this page. It's the fastest and most enjoyable way to see the property (about 1:30min). Then, come in person to feel the space. Shown by appointment only.

Features & Amenities

FeeBuilt 1991

Property Details

Land Type
Fee
Year Built
1991
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
City Lights, Coastline, Mountain(s), Ocean, Panoramic
Flooring
Tile
City
Santa Monica
Zip Code
90404
County
Los Angeles
Listed byUnknown Office, Naia G Waters

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,309.37
Principal & Interest
Loan Amount
$840,000
Total Interest
$1,071,374
Total Payment Over 30 Years
$1,911,374
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1511 16th Street, 201, Santa Monica, CA 90404

Santa Monica · Condominium

$1.05M
Affordable Tier
Beds
2
Baths
1
Sqft
926
Lot
7,509 sqft
Year
1991
$/Sqft
$1134
Pool: No✓
View: city✓

Listed 9.4% above the median closed sale of $960,000. Price per sqft ($1,134) is a 12% premium to closed comps ($1,009). Closed comps sold at 102% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.05M· $1,134/sqft
Total list price
Closed comps
vs closed median $960K
+$90K (+9.4%)
Active comps
vs active median $750K
+$300K (+40.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,102
+$32 (+2.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1755 Ocean AvenueSanta Monica2014118500$1,759$1.50M3878
1835 7th StreetSanta Monica1958217857,501$936$735,00015777
944 11th StreetSanta Monica1968117507,481$1,000$750,0008575
201 Ocean AvenueSanta Monica19711186838,619$916$795,0004674
717 Raymond AvenueSanta Monica1958216687,729$897$599,0006574
Total: 5 · Average1.41.0784.215,332.5$1,101.6$874,80078.2
Median785$750,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
852 15th StreetSanta Monica197109/22/2026229217,528$895,000$960,000$1,0421.073584
1101 Lincoln BoulevardSanta Monica196408/28/2026221,0127,496$749,000$749,000$7401.00081
1018 4th StreetSanta Monica200010/06/20262294015,003$995,000$1.04M$1,1031.044181
943 12th StreetSanta Monica197308/07/2026118007,493$775,000$755,000$9440.9711579
201 Ocean AvenueSanta Monica197108/14/20261190638,619$1.10M$1.10M$1,2141.003879
Total: 5 · Average1.61.6915.815,227.8$920,200$920,200$1,008.6—45.8
Median921$960,000$960,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.