246 16th St 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.