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.
Property Details
Price:
$2,500,000
MLS #:
25514049
Status:
Active
Baths:
0
Address:
1246 Chelsea Avenue
Type:
Residential Income
Neighborhood:
c14santamonica
City:
Santa Monica
Listed Date:
Mar 19, 2025
State:
CA
ZIP:
90404
Lot Size:
5,330 sqft / 0.12 acres (approx)
Year Built:
1926
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Schools
Interior
Cooling
Central Air
Heating
Wall Furnace, Central
Exterior
Garage Spaces
3.00
Parking Features
Converted Garage, Driveway
Parking Spots
5.00
Security Features
Gated Community
Stories Total
1
Financial
Map
Community
- Address1246 Chelsea Avenue Santa Monica CA
- AreaC14 – Santa Monica
- CitySanta Monica
- CountyLos Angeles
- Zip Code90404
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1246 Chelsea Avenue
Santa Monica, CA
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