REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Brian Piper

brian@piperpacificgroup.com +1(442) 282-2233

$ 1,850,000

Est. payment | -/mo

7 Beds

7 Baths

4,255 SqFt

Save

$ 1,850,000

Est. payment | -/mo

Save

7 Beds

7 Baths

4,255 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,255 sqft

Price per Sqft $434

MLS Listing ID 26961579

Bedrooms 7

HOA Y/N No

Year Built 1965

Lot Size 5,187 Sqft

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 C14 - Santa Monica

Zoning SMR2*

Interior

Interior Features Ceiling Fan(s)

Flooring Carpet, Tile, Wood

Fireplaces Type Bath, Family Room, Kitchen

Fireplace Yes

Appliance Dishwasher

Laundry Common Area, Inside, Laundry Room, See Remarks

Exterior

Parking Features Attached Carport, Covered

Carport Spaces 4

Pool None

View Y/N No

View None

Porch Concrete, Enclosed, Open, Patio

Total Parking Spaces 4

Private Pool No

Building

Story 2

Entry Level Two

Foundation Slab

Sewer Other, Sewer Tap Paid

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Schools

School District Santa Monica-Malibu Unified

Others

Senior Community No

Tax ID 4276022020

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Keri White Element RE, Inc #01491049

2447 Chelsea PL Santa Monica, CA 90404

Brian Piper

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

2447 Chelsea PL