246 16th Street, Santa Monica, CA 90402
Single-family home
Sold May 2026
Listing Agent: John Hathorn (DRE #00960182) · Listing Office: Compass · Bought with: Wheeler Coberly · Compass · MLS #26672949 · Source: CRMLS
How this sale compares
246 16th Street sold for $4,650,000 in May 2026, 21% over its $3,850,000 list price, after 14 days on the market. That works out to $1,947 per square foot on 2,388 square feet. Across 80 closed sales in 90402 over the last 12 months, the median sold price is $4,345,000 and the median is $1,660 per square foot, 15% below this sale's $1,947. 4-bedroom rentals in 90402 currently list at a median of $33,750 a month (14 listings).
| Quarter | Closed sales in 90402 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $2,675,000 |
| Q2 2026 | 42 | $4,500,000 |
| Q3 2026 | 32 | $4,271,000 |
| Q4 2026 | 2 | $11,372,178 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Santa Monica · Homes for sale in 90402
Description
1925 Colonial Revival residence offering an opportunity to restore and reimagine a classic Santa Monica home. With over a century of history, this two-story red brick home is ready for its next chapter in life - translation: plan on replacing most of the major and minor components of the property; Doors, windows, plumbing, fireplace, electrical, HVAC, roof, etc. Being sold for land value only, the existing home spans approximately 2,388 square feet and includes 4 bedrooms and 2.5 bathrooms. The property features attractive front and rear yards with mature landscaping, grassy lawns, rose gardens, and mature privacy hedging. A detached two-car garage is accessed via the alley and includes a bonus space with loft and bathroom, presenting additional flexibility for creative use. Located within the highly regarded Franklin School District, this compelling value-add opportunity is perfect for those looking to renovate, expand, or customize a character home in a prime north of Montana Ave location. No purchase offers will be considered prior to offer deadline of 4/20/26. Offer guidelines available in listing documents.
Listing description from the May 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 246 16th Street
321 17th Street: Sold $4,290,000 · 2 bd · 2 ba · 1,584 sqft · Aug 2026 · 0.1 mi
Compass | DRE #00996960
Buyer's agent: Richard Schulman, KW Westside Estates | DRE #01427211339 17th Street: Sold $12,000,000 · 5 bd · 7 ba · 7,300 sqft · Jul 2026 · 0.1 mi
Douglas Elliman of California, Inc. | DRE #01386406
Buyer's agent: Emily Neri, Christie's International Real Estate SoCal | DRE #02202196243 Euclid Street: Sold $4,600,000 · 3 bd · 2 ba · 1,843 sqft · May 2026 · 0.2 mi
Compass | DRE #01916096
Buyer's agent: Briar Pecsok, Amalfi Estates | DRE #01053841443 16th Street: Sold $5,610,000 · 4 bd · 4 ba · 3,054 sqft · Sep 2026 · 0.2 mi
451 16th Street: Sold $6,420,000 · 3 bd · 4 ba · 3,260 sqft · Jun 2026 · 0.2 mi
Sotheby's International Realty | DRE #01933923
Buyer's agent: Kyla McElhaney, Compass | DRE #02210503463 16th Street: Sold $4,135,000 · 2 bd · 2 ba · 1,930 sqft · Sep 2026 · 0.3 mi
241 19th Street: Sold $7,995,000 · 5 bd · 6 ba · 6,715 sqft · Jun 2026 · 0.3 mi
Carolwood Estates | DRE #01864250
Buyer's agent: Heather Bell, The Agency | DRE #018978261202 San Vicente Boulevard: Sold $7,850,000 · 6 bd · 7 ba · 6,000 sqft · Jul 2026 · 0.3 mi
Christie's International Real Estate SoCal | DRE #01821934
Buyer's agent: Cynthia Ambuehl, Christie's International Real Estate SoCal | DRE #01821934
Closed sales reported in 90402, nearest first, last 12 months. All recent sales in Santa Monica →