1226 Chelsea Ave | Santa Monica, CA 90404
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- LoopNet Team
1226 Chelsea Ave
Santa Monica, CA 90404
Multifamily Property For Sale
·
4 Units
Investment Highlights
- HOUSE + 3 UNITS | Rare Fully Vacant Four-Unit Property – Occupy or lease up at market rate rents.
- Desirable Unit Mix – (1) 3-bed, 2-bath front house w/den(fully remodeled with modern fixtures and a private front deck) and (3) 1-bed, 1-bath units
- ADU Potential – Garage space can be converted into an ADU for additional rental income.
- Prime Santa Monica Location – Just off Wilshire Blvd, near Douglas Park, Whole Foods, Trader Joe’s, UCLA Medical Center, The Water Garden, and more.
- Natural Privacy & Low Maintenance Landscaping – 10-foot-tall shrubs provide seclusion and require trimming only once per year.
- Recent Upgrades – New roof with reflective material for improved energy efficiency and long-term durability.
Property Facts
| No. Units | 4 | Building Size | 3,038 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.2/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | SMR2* - restricted Density Multiple Dwelling | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,038 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | SMR2* - restricted Density Multiple Dwelling |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Tile Floors
- Kitchen
- Ice Maker
- Stainless Steel Appliances
- Built-In Bookshelves
- Deck
- Dining Room
- Family Room
- Freezer
- Garden
- Island Kitchen
- Linen Closet
- Mother-in-law Unit
- Office
- Porch
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
| 1+1 | 3 | - | - |
Property Taxes
| Parcel Number | 4276-017-050 | Improvements Assessment | $408,598 |
| Land Assessment | $1,366,579 | Total Assessment | $1,775,177 |
Property Taxes
Parcel Number
4276-017-050
Land Assessment
$1,366,579
Improvements Assessment
$408,598
Total Assessment
$1,775,177
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