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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.
Property Type(s):
Residential Income
| Last Updated | 3/20/2025 | Year Built | 1926 |
|---|---|---|---|
| Community | Santa Monica | Garage Spaces | 3.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Santa Monica |
| GARAGE | Converted Garage, Driveway, Yes |
| HEAT | Central, Wall Furnace |
| LOT | 5330 sq ft |
| PARKING | Converted Garage,Driveway |
| STORIES | 2 |
| ZONING | SMR2* |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
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