2447 Chelsea Place
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 1965
- Living area
- 4,255 sq ft
- Lot size
- 5,186 sq ft
- Parking
- 4 spaces
- Carport
- 4 spaces
- Stories
- 2
- Days on market
- 19
- MLS status
- Active
- Architectural style
- MidCenturyModern
- Zoning
- SMR2*
Features & Amenities
Interior
- Ceiling Fans
Appliances
- Dishwasher
Parking
- Attached Carport
- Covered
Pool
- None
Community, Schools & Utilities
Community
- Fireplace
- Yes
- View
- None
Schools
- School district
- Santa Monica-Malibu Unified
Utilities
- Sewer
- Other,SewerTapPaid
Location & Neighborhood
Frequently Asked Questions About 2447 Chelsea Place
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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