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1256 Chelsea Ave

Santa Monica, CA 90404
  • $2,025,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 25546069
Price Reduced
UPDATED: 27 min ago
$2,025,000
  • 4
    BEDS
  • 0.12
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,924
    SQFT
  • $1,052
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1937
County:
Area:

School Ratings & Info

Description

Charming Santa Monica four-plex with upgraded Interiors & strong Income. Rare opportunity to own a beautifully maintained California bungalow-style four-plex in a prime Santa Monica location just off Wilshire Blvd. All units feature private entrances, charming outdoor spaces, and updated interiors. Each unit offers character and privacy, with select upgrades including in-unit laundry, mounted smart TVs, updated appliances, and split AC systems. The property features turf landscaping, bamboo fencing, keypad entry, updated electrical, newer water heaters, and a new roof installed in 2023. Garage Parking: Detached 4-car garage. 1 garage space available for owner use; 3 garage spaces currently leased to Unit D, which is drywalled and finished off as a creative work/parking space. Permit street parking available. Current Rents:* Unit A: $1,900/month * Unit B: $3,500/month * Unit C: $700/month will be delivered vacant at close of escrow* Unit D: $3,500/month. Some units eligible for Santa Monica MAR rent increase. Unbeatable Santa Monica location just blocks from Erewhon, Whole Foods, top hospitals, parks, and major bus lines. Enjoy easy access to Montana Ave, the beach, and all the best dining, shopping, and amenities the Westside has to offer making this a highly desirable rental property or owner-user opportunity in a consistently strong market. Do not disturb tenants. Shown by appointment only with 48 hr notice.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-17T06:44:08.483. 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.
www.searchdesertrealestate.com/homes/164408370
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1256 Chelsea Ave Santa Monica, CA 90404

  • Price: $2,025,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 27 min ago
  • MLS #: 25546069
4
Beds
4
Baths
0
½ Baths
0.12
Acres
1,924
SQFT
$1,052
$/SQFT
1937
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
Charming Santa Monica four-plex with upgraded Interiors & strong Income. Rare opportunity to own a beautifully maintained California bungalow-style four-plex in a prime Santa Monica location just off Wilshire Blvd. All units feature private entrances, charming outdoor spaces, and updated interiors. Each unit offers character and privacy, with select upgrades including in-unit laundry, mounted smart TVs, updated appliances, and split AC systems. The property features turf landscaping, bamboo fencing, keypad entry, updated electrical, newer water heaters, and a new roof installed in 2023. Garage Parking: Detached 4-car garage. 1 garage space available for owner use; 3 garage spaces currently leased to Unit D, which is drywalled and finished off as a creative work/parking space. Permit street parking available. Current Rents:* Unit A: $1,900/month * Unit B: $3,500/month * Unit C: $700/month will be delivered vacant at close of escrow* Unit D: $3,500/month. Some units eligible for Santa Monica MAR rent increase. Unbeatable Santa Monica location just blocks from Erewhon, Whole Foods, top hospitals, parks, and major bus lines. Enjoy easy access to Montana Ave, the beach, and all the best dining, shopping, and amenities the Westside has to offer making this a highly desirable rental property or owner-user opportunity in a consistently strong market. Do not disturb tenants. Shown by appointment only with 48 hr notice.
Exterior Features

Levels One Lot Size Area 5330 Other Structures Other Parking Garage Garage - 3 Car Patio Features Patio Open Paved YN Yes Pool Description Fenced Pool YN Yes Style California Bungalow Total Parking 4

Interior Features

Cooking Appliances Built-In And Free Standing Cooling Air Conditioning Equipment Built-Ins Heating Electric Interior Features Turnkey Kitchen Features Remodeled Laundry In Unit

Property Features

Alley YN Yes Assessed Total Value 1156700 Disability Access DisabilityAccess Disclosures As IsRent Control Gross Income 115200 Gross Operating Income 115200 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 74860.00 Number Of Buildings 2 Number Of Units 4 Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 40340 Type Of Units NA Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning SMR2*

Listing provided courtesy of Melissa Oliver DRE#00894644 of Coldwell Banker Realty: 310-455-4111.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-17T06:44:08.483. 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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Indian Wells CA, 92210