2447 Chelsea Place, Santa Monica, CA 90404

• 7 beds |
• 7 baths |
• 4,255 sqft

Property Description

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 Status:

Active

Date Added:

September 3, 2026

Data Last Updated:

September 22, 2026 at 11:16PM

Listing Office:

Element RE, Inc : 310-310-3372

Listing Agent:

Keri White : 424-262-4522

MLS ID:

26961579

Interior

• General: Ceiling Fan(s)
• Appliances: Dishwasher
• Laundry: Common AreaInsideLaundry RoomSee Remarks
• Flooring: CarpetTileWood
• Fireplace: BathFamily RoomKitchenFireplace

Exterior

• General: None
• Style: Mid-Century Modern
• Other Structures: EnclosedConcretePatioOpen
• Pool: None
• Parking: Attached CarportCoveredParking spaces: 4

Construction

• Windows: BlindsDrapes
• General: FrameStucco2Slab

Location

• Originating MLS: CRMLS_CL
• School District: Santa Monica-Malibu Unified
• County: Los Angeles

Lot

• Zoning: SMR2*4276022020
• View: None

Utilities

• Sewer: OtherSewer Tap Paid

Financial

• Source: CRMLS_CL