Active

2447 Chelsea Place

Santa Monica, CA 90404
Mark as Favorite
Bed 7

Bed

Bath 7

Bath

SqFt4,255

Sqft

SqFt5,186

Sqft(Lot)

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 attra cting 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.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,850,000

AD Id : 90991705

MLS Id : 26961579

Beds : 7

Lot Size : 5,186 Sqft

Living Area Size : 4,255

Year Built : 1965

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 7

    Flooring Information

    Carpet, Tile, Wood
  • Interior Features

    CeilingFans
    Appliances: Dishwasher
    Laundry Features: CommonArea, Inside, LaundryRoom, SeeRemarks
    Window Features: Blinds, Drapes

  • Building Information

    Year Built: 1965
    Building Area Total: 4255
    Construction Materials: Frame, Stucco
    Stories: 2
    Patio And Porch Features: Concrete, Enclosed, Open, Patio
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 5186 Lot Size Acres: 0.1191 Lot Size Source: Assessor Lot Size Square Feet: 5,186

  • Listing Price Information

    Listing Price: $1850000

  • Tax Information

    Parcel Number: 4276022020

  • Parking Information

    Parking Total: 4 AttachedCarport, Covered

    Garage Information

    Has Attached Garage: Yes

  • Location Information

    Direction: North of Santa Monica, South of Wilshire, East of Chelsea
Sell a home like this and save $110,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3354 Virginia Avenue, Santa Monica, CA, 90404 $1,800,000 7 6 1,695 6,598 Sqft
3117 Virginia Avenue, Santa Monica, CA, 90404 $1,550,000 5 5 1,787 6,485 Sqft
2851 Delaware Avenue, Santa Monica, CA, 90404 $2,500,000 13 8 3,065 6,497 Sqft
1630 Franklin Street, Santa Monica, CA, 90404 $1,995,000 5 3 1,892 5,235 Sqft
1626 Franklin Street, Santa Monica, CA, 90404 $2,570,000 3 3 1,576 5,389 Sqft
2817 Virginia Avenue, Santa Monica, CA, 90404 $2,099,000 4 4 2,132 6,503 Sqft
1453 Centinela Avenue, Santa Monica, CA, 90404 $1,995,000 6 4 2,723 7,568 Sqft
1507 Berkeley Street, Santa Monica, CA, 90404 $2,400,000 15 13 7,740 8,141 Sqft
1430 Franklin Street #A, Santa Monica, CA, 90404 $2,300,000 8 5 3,486 7,805 Sqft
1930 Stewart Street #X-7, Santa Monica, CA, 90404 $350,000 1 1 879 --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/10/2026 @ 09:08

MLS: 26961579 LISTED BY: Keri White, Element RE, Inc 310-310-3372 SOURCE: CRMLS

Homes around $1,850,000

Selling? Save $110,501 when you sell a home like this

Tour with a ByOwner Agent