1226 Chelsea AvenueSanta Monica, CA 90404
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$15,467Located at 1226 Chelsea Ave, Santa Monica, this fully vacantfour-unit property presents a rare opportunity in one of thecity’s most sought-after neighborhoods. Situated just offWilshire Blvd, the property offers easy access to Douglas Park,Whole Foods, Trader Joe’s, UCLA Medical Center, CaliforniaChicken Cafe, The Water Garden, and Colorado Center Park.With its prime location and strong walkability, this is an idealhome for an owner-user or a great investment opportunity.The front house is a secluded 3-bedroom, 2-bath home, fullyremodeled with modern fixtures and a private, spacious frontdeck, perfect for outdoor relaxation. Lush 10-foot shrubssurround the space, providing excellent privacy whileremaining low maintenance, requiring only once-a-yeartrimming.Behind the main house are three additional 1-bedroom, 1-bath units, offering flexibility for extended family, guests, orrental income. Select units have upgraded kitchens andbathrooms, enhancing their comfort and appeal. The garagealso presents ADU potential, allowing for further expansionand income opportunities. Additionally, the property has anew roof with reflective material, improving energy efficiencyand reducing heat absorption.With no existing tenants, buyers can immediately lease atmarket rents, a huge advantage in Santa Monica’s rentcontrolledmarket. Whether you're looking for a multigenerationalhome, an income-generating property, or avalue-add investment, this is an incredible opportunity to ownin a high-demand location. OPEN HOUSE SATURDAY (02/22) & SUNDAY (02/23) 1:00PM-4:00PM. Call/Email David Messiah for Offering Memorandum.
4 days ago | Listing first seen on site | |
4 days ago | Listing updated with changes from the MLS® |
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