2447 Chelsea Pl, Santa Monica, CA 90404
2447 Chelsea Pl, Santa Monica, CA 90404
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Gabriel Colombo

Gabriel Colombo

+1(213) 259-6619
$1,850,000
Est. payment /mo
7 Beds
7 Baths
4,255 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,255 sqft

Price per Sqft $434

MLS Listing ID 26961579

Style Mid-Century

Bedrooms 7

Year Built 1965

Lot Size 5,186 Sqft

Acres 0.1191

Property Sub-Type Multi-Family

Property Description

Prime Santa Monica Quadruplex | Investment Opportunity with Strong Upside Potential. Positioned in one of Santa Monica's most sought-after coastal markets, 2447 Chelsea Place presents an attractive opportunity for investors seeking a well-located multi-family asset with a desirable unit mix and long-term potential. The property consists of four residential units, offering a versatile configuration of three 2-bedroom, 2-bath residences and one 1-bedroom, 1-bath residence. Two of the larger units are located upstairs and feature private balconies, while two residences are situated on the lower level. Each unit is assigned a covered carport, and residents have access to community laundry facilities as well as an inviting patio area to enjoy. The diverse unit mix provides flexibility for attracting a broad tenant base while creating the potential for a stable and diversified rental stream. For an investor, the property's appeal extends beyond its current configuration, offering an opportunity to evaluate future improvements, unit enhancements, and other value-add strategies that may increase rental appeal and overall asset performance. Location is a significant component of the investment story. Santa Monica consistently commands attention for its limited housing supply, highly desirable coastal setting, established rental demand, and proximity to employment, entertainment, dining, shopping, and recreation. The property places residents within easy reach of the beach, parks, local businesses, and the distinctive lifestyle that continues to make Santa Monica one of Southern California's premier residential destinations. For investors looking to acquire a multi-unit property in a high-demand coastal market, 2447 Chelsea Place offers a compelling combination of unit diversity, desirable location, and value-add potential. An opportunity to acquire a four-unit asset in Santa Monica and position it for long-term income and appreciation. A strategic addition to an income-focused portfolio or an opportunity for an investor seeking to unlock additional value in one of California's most established coastal communities.

Location

State CA

County Los Angeles

Area Santa Monica

Zoning SMR2*

Rooms

Family Room 1

Other Rooms None

Dining Room 0

Interior

Heating Other

Cooling Other

Flooring Wood, Tile, Carpet

Fireplaces Type Kitchen, Bath, Family Room

Equipment Ceiling Fan, Dishwasher, Range/Oven

Laundry Community, Inside, Room, Other

Exterior

Parking Features Carport Attached, Covered Parking

Garage Spaces 4.0

Pool None

Waterfront Description None

View Y/N No

View None

Building

Lot Description Alley Paved

Story 2

Foundation Slab

Sewer In Street, In Connected and Paid

Water Public

Architectural Style Mid-Century

Level or Stories Two

Structure Type Frame, Stucco

Schools

School District Santa Monica-Malibu Unified School District

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Element RE, Inc
Gabriel Colombo

Gabriel Colombo

Agent License ID: 02266753

+1(213) 259-6619

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2447 Chelsea Pl