1226 Chelsea Avenue new

Santa Monica,CA 90404

$ 3390000

6 Beds

5 Baths

3038 SqFt


Key Details

Property Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 3,038 sqft

Price per Sqft $1,115

MLS Listing ID SB25037176

Style All Other Attached

Bedrooms 6

Full Baths 5

HOA Y/N No

Year Built 1958

Lot Size 5,303 Sqft

Acres 0.1217

Property Description

Located at 1226 Chelsea Ave, Santa Monica, this fully vacant four-unit property presents a rare opportunity in one of the citys most sought-after neighborhoods. Situated just off Wilshire Blvd, the property offers easy access to Douglas Park, Whole Foods, Trader Joes, 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 Monicas rentcontrolled market. Whether you're looking for a multigenerational 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. Call/E
Located at 1226 Chelsea Ave, Santa Monica, this fully vacant four-unit property presents a rare opportunity in one of the citys most sought-after neighborhoods. Situated just off Wilshire Blvd, the property offers easy access to Douglas Park, Whole Foods, Trader Joes, 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 Monicas rentcontrolled market. Whether you're looking for a multigenerational 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. Call/Email David Messiah for Offering Memorandum.

Location

State CA

County Los Angeles

Area Santa Monica (90404)

Zoning SMR2*

Exterior

Garage Spaces 3.0

Total Parking Spaces 3

Building

Story 1

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Monthly Total Fees $102

Miscellaneous Urban

Acceptable Financing Cash,Conventional,Exchange,Cash To New Loan

Listing Terms Cash,Conventional,Exchange,Cash To New Loan

Special Listing Condition Standard

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