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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,000,000

Est. payment | -/mo

5 Beds

5 Baths

2,566 SqFt

Save

$ 2,000,000

Est. payment | -/mo

Save

5 Beds

5 Baths

2,566 SqFt

Key Details

Property Type Single Family Home

Listing Status Pending

Purchase Type For Sale

Square Footage 2,566 sqft

Price per Sqft $779

MLS Listing ID 25514049

Bedrooms 5

HOA Y/N No

Year Built 1926

Lot Size 5,331 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C14 - Santa Monica

Zoning SMR2*

Interior

Heating Central, Wall Furnace

Cooling Central Air

Fireplace No

Exterior

Parking Features Converted Garage, Driveway

Garage Spaces 3.0

Garage Description 3.0

Community Features Gated

Total Parking Spaces 5

Building

Story 1

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4276017053

Security Features Gated Community

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Jake Glaser Lyon Stahl Investment Real Estate, Inc. #02128816

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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1246 Chelsea AVE Santa Monica, CA 90404