$ 1,850,000
-
$1,850,000
Price -
7
Bed -
7
Bath -
4,255
SqFt
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About the Listing X83420 - X90503
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.
Listing Highlights
Interior Details
- Bedrooms: 7
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: Kitchen,Bath,Family Room
- Floor: Wood,Tile,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Double Vanity(s),Shower Over Tub,Shower Stall,Family Room,Dining Area
- Water:
Exterior Details
- Lot Description: Alley Paved
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: SMR2*
- Roof:
- Others:
- Sewer: In Street,In Connected and Paid
- Parking Features: Carport Attached,Covered Parking
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2447 Chelsea Pl Santa Monica, CA 90404
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