34.033515 -118.478139 0
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Listed by Lyon Stahl Investment Real Estate, Inc., Jake Glaser.

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1246 Chelsea AVSanta Monica, CA 90404

Active
$2,000,000
5
5
2,566 SqFt

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.


FACTS & FEATURES

  • Property Type:
    Residential Income
  • Architectural Style:
  • Bedrooms:
    5
  • Bathrooms:
    5
  • Dwelling Size:
    2,566 SqFt
  • Lot Size:
    0.12 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1926
  • Interior Features:
  • Exterior Features:
  • Parking:

    Garage or Parking Spaces: 3
    Features: Driveway, Converted Garage
  • Area:
    C14 - Santa Monica
  • Views:
  • Schools:
  • HOA:
  • Senior Community:
    False
  • Heating:
    Wall Furnace,Central
  • Cooling:
    Central Air
  • Appliances:
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
    Gated Community
  • Foundation:
  • Roof:

LOCATION


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Listing Office: Lyon Stahl Investment Real Estate, Inc.. Listing Agent: Jake Glaser. Listing ID: 25514049

Last Updated May 5, 2025 5:44 PM
Data last checked against CRMLS on May 6, 2025 6:55 AM

Based on information from California Regional Multiple Listing Service, Inc. as of May 6, 2025 6:55 AM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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