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$ 2,500,000
Est. payment /mo
Active
1246 Chelsea AVE Santa Monica, CA 90404
5 Beds
5 Baths
2,566 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,566 sqft
Price per Sqft $974
MLS Listing ID 25514049
Bedrooms 5
HOA Y/N No
Year Built 1926
Lot Size 5,331 Sqft
Property Description
1246 Chelsea Ave is an ideal owner-user 4-plex opportunity located in prime Santa Monica. The charming property is comprised of a large 3-bed / 2-bath front house with a gated driveway with two-tandem parking spaces and private backyard, plus a triplex in the back offering additional rental income. The front house was fully renovated approximately 5 years ago, and includes stainless steel appliances, new kitchen countertops, updated marble & tile accents in the bathrooms, plus a large back deck. The triplex structure has (2) 1-bed / 1-bath units upstairs, plus (1) studio unit on the ground floor alongside three one-car garages. The studio unit is approximately 300 square feet and will be delivered VACANT at close of escrow. 1246 Chelsea Ave is a truly perfect "house hacking" opportunity for owner-users, but it also provides strong in-place income for potential investors with all of the tenants moving in within the past ~4.5 years. Located in a prime Santa Monica neighborhood North of Santa Monica Blvd, 1246 Chelsea is close by to St Johns Medical Center, Brentwood Country Club, Douglas Park, Trader Joe's, Whole Foods and plenty of public & private school options.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Heating Central, Wall Furnace
Cooling Central Air
Fireplace No
Exterior
Parking Features Converted Garage, Driveway
Garage Spaces 3.0
Garage Description 3.0
Community Features Gated
Total Parking Spaces 5
Building
Story 1
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4276017053
Security Features Gated Community
Special Listing Condition Standard
Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.