47
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$3,390,000
Est. payment /mo
6 BD
5 BA
3,038 SqFt
New
1226 Chelsea AVE Santa Monica, CA 90404
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UPDATED:
02/19/2025 08:59 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,038 sqft
Price per Sqft $1,115
MLS Listing ID 25499523
Bedrooms 6
HOA Y/N No
Year Built 1958
Lot Size 5,301 Sqft
Property Description
** FULLY VACANT** HOUSE + 3 UNITS Located at 1226 Chelsea Ave, Santa Monica, this fully vacant four-unit property presents a rare opportunity in one of the city's most sought-after neighborhoods. Situated just off Wilshire Blvd, the property offers easy access to Douglas Park, Whole Foods, Trader Joe's, UCLA Medical Center, California Chicken Cafe, The Water Garden, and Colorado Center Park. With its prime location and strong walkability, this is an ideal home for an owner-user or a great investment opportunity. The front house is a secluded 3-bedroom, 2-bath home, fully remodeled with modern fixtures and a private, spacious front deck, perfect for outdoor relaxation. Lush 10-foot shrubs surround the space, providing excellent privacy while remaining low maintenance, requiring only once-a-year trimming. Behind the main house are three additional 1-bedroom, 1-bath units, offering flexibility for extended family, guests, or rental income. Select units have upgraded kitchens and bathrooms, enhancing their comfort and appeal. The garage also presents ADU potential, allowing for further expansion and income opportunities. Additionally, the property has a new roof with reflective material, improving energy efficiency and reducing heat absorption.With no existing tenants, buyers can immediately lease at market rents, a huge advantage in Santa Monica. Whether you're looking for a multi-generational home, an income-generating property, or a value-add investment, this is an incredible opportunity to own in a high-demand location. OPEN HOUSE SATURDAY (02/22) & SUNDAY (02/23) 1:00PM-4:00PM.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Exterior
Total Parking Spaces 4
Building
Story 1
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4276017050
Special Listing Condition Standard
Listed by David Messiah • Lyon Stahl Investment Real Estate, Inc.