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$3,390,000
Est. payment /mo
6 Beds
5 Baths
3,038 SqFt
UPDATED:
02/21/2025 08:35 PM
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.
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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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
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