2447 Chelsea Pl
2447 Chelsea Pl
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2447 Chelsea Pl
2447 Chelsea Pl
For Sale

2447 Chelsea Pl

2447 Chelsea Pl, Santa Monica, CA 90404

$1,850,000
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.

7
beds

7
baths

4,255 Sq.Ft. LIVING AREA

5,186 Sq.Ft. lot

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 2447 Chelsea Pl, Santa Monica, CA 90404. We are reviewing your request and will be in touch shortly!
Keri White

Keri White

Features & Amenities

Interior

  • total bedrooms7
  • Total bathrooms7
  • Laundry room Community, Inside, Room, Other
  • Flooring Wood, Tile, Carpet
  • Fireplace Kitchen, Bath, Family Room
  • APPLIANCES Ceiling Fan, Dishwasher, Range/Oven

Area & Lot

  • Status For Sale
  • Living Area4,255 Sq.Ft.
  • Lot Area5,186 Sq.Ft.
  • MLS® ID26961579
  • TypeMulti-Family
  • YEAR BUILT1965
  • NeighborhoodSanta Monica & Beverly Hills
  • Architecture StylesMid-Century
  • Water FrontageNone
  • View DescriptionNone
  • School DistrictSanta Monica-Malibu Unified School District

Exterior

  • STORIES2
  • water SourcePublic
  • PoolNone
  • lot featuresAlley Paved
  • parkingCarport Attached, Covered Parking
  • HEAT TYPEOther
  • AIR CONDITIONINGOther
  • sewerIn Street, In Connected and Paid
  • SubstructureConcrete Slab
  • security FeaturesNone

Financial

  • Sales Price$1,850,000
  • Zoning SMR2*

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Santa Monica & Beverly Hills

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