2447 Chelsea PL
Santa Monica, CA, 90404
$1,850,000
7 Beds
7 Baths
4,255 SqFt
0.12 Acres
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MLS #26961579 image #0
Prime Santa Monica Quadruplex | Investment Opportunity with Strong Upside Potential. Positioned in one of Santa Monica’s most sought-after coastal markets, 2447 Chelsea Place presents an attractive opportunity for investors seeking a well-located multi-family asset with a desirable unit mix and long-term potential. The property consists of four residential units, offering a versatile configuration of three 2-bedroom, 2-bath residences and one 1-bedroom, 1-bath residence. Two of the larger units are located upstairs and feature private balconies, while two residences are situated on the lower level. Each unit is assigned a covered carport, and residents have access to community laundry facilities as well as an inviting patio area to enjoy. The diverse unit mix provides flexibility for attracting a broad tenant base while creating the potential for a stable and diversified rental stream. For an investor, the property’s appeal extends beyond its current configuration, offering an opportunity to evaluate future improvements, unit enhancements, and other value-add strategies that may increase rental appeal and overall asset performance. Location is a significant component of the investment story. Santa Monica consistently commands attention for its limited housing supply, highly desirable coastal setting, established rental demand, and proximity to employment, entertainment, dining, shopping, and recreation. The property places residents within easy reach of the beach, parks, local businesses, and the distinctive lifestyle that continues to make Santa Monica one of Southern California’s premier residential destinations. For investors looking to acquire a multi-unit property in a high-demand coastal market, 2447 Chelsea Place offers a compelling combination of unit diversity, desirable location, and value-add potential. An opportunity to acquire a four-unit asset in Santa Monica and position it for long-term income and appreciation. A strategic addition to an income-focused portfolio or an opportunity for an investor seeking to unlock additional value in one of California’s most established coastal communities.

Property Details

Price:
$1,850,000
MLS #:
26961579
Status:
Active
Beds:
7
Baths:
7
Type:
Single Family
Neighborhood:
c14santamonica
Listed Date:
Sep 3, 2026
Finished Sq Ft:
4,255
Total Sq Ft:
4,255
Lot Size:
5,186 sqft / 0.12 acres (approx)
Year Built:
1965
Mid Century ModernC14 – Santa MonicaC14santamonicaSanta Monica-malibu UnifiedNone

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Schools

School District:
Santa Monica-Malibu Unified

Interior

Appliances
DW
Flooring
TILE, WOOD, CARP
Interior Features
CF
Laundry Features
CM, IR, IN, SEE
Levels
U

Exterior

Architectural Style
MCM
Attached Garage YN
1
Common Walls
_1CW
Construction Materials
STC, FRM
Parking Spots
4
Parking Total
4
Patio And Porch Features
CON, EN, OPN
Spa Features
NO
View
NO
Window Features
BLI, DPC

Financial

Gross Operating Income
$76,800
Net Operating Income
$53,800

Map

Community

Market Summary

Current real estate data for Single Family in Santa Monica as of Sep 06, 2026
392
Single Family Listed
79
Avg DOM
500
Avg $ / SqFt
$1,979,063
Avg List Price

Property Summary

    2447 Chelsea PL Santa Monica CA is a Single Family for sale in Santa Monica, CA, 90404. It is listed for $1,850,000 and features 7 beds, 7 baths, and has approximately 4,255 square feet of living space, and was originally constructed in 1965. The current price per square foot is $435. The average price per square foot for Single Family listings in Santa Monica is $500. The average listing price for Single Family in Santa Monica is $1,979,063.

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2447 Chelsea PL
Santa Monica, CA