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$3,390,000

Beds
6
Baths
5.0
sq ft
3,038

1226 Chelsea Ave, Santa Monica, CA 90404

1226 Chelsea Ave

Santa Monica, CA 90404

  • 3 days on market
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’s 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.

Details

Property type

Single Family Residence

Lot size

5,303 sq ft

Price per sq ft

$1,116

Year built

1958

HOA

No

Price History

02/19/2025
CRMLS

CRMLS #SB25037176

Listed
$3,390,000

Schools & Community

Neighborhood: 

Mid-City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Santa Monica-Malibu Unified

Status: Active

Tomo last checked: 02/23/2025 at 6:15 AM

Listing updated: 02/21/2025 at 12:10 PM

Listed by: Cameron Samimi, Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838

MLS: CRMLS #SB25037176

CRMLS logo

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