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Sold for $1,800,000 on 05/22/25
  • $1,800,000

    1246 Chelsea Ave, Santa Monica, CA 90404

    5beds
    5baths
    2,566sqft
    Multi Family
    Built in 1926
    -- sqft lot
    $1,782,700 Zestimate®
    $701/sqft
    $5,584 Estimated rent

    What's special

    PRICE REDUCED $500K, BRING ALL OFFERS.... 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.

    Zillow last checked: 7 hours ago

    Listing updated: May 23, 2025 at 02:21am

    Listed by:

    Jake Glaser DRE # 02128816 310-494-6368,

    Lyon Stahl Investment Real Estate, Inc. 310-425-9838,

    Spencer Chan DRE # 02197531 310-259-2181,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    Jake Glaser, DRE # 02128816

    Lyon Stahl Investment Real Estate, Inc.

    Dittany Zhang Seltzer, DRE # 01960099

    Sunoom Realty

    Source: CLAW,MLS#: 25514049MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Wall, Central
    Cooling
    • Central Air
    Interior area
    • Total structure area: 2,566
    • Total interior livable area: 2,566 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Converted Garage, Driveway
    • Garage spaces: 3
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 1
    Lot
    • Size: 5,327 sqft
    Details
    • Additional structures: None
    • Parcel number: 4276017053
    • Zoning: SMR2*
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1926

    Community & neighborhood

    Security
    • Security features: Gated
    Location
    • Region: Santa Monica
    Services availability
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    Estimated market value

    $1,782,700