1256 Chelsea Ave
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Sold

1256 Chelsea Ave

1256 Chelsea Avenue, Santa Monica,, CA 90404

$1,975,000

Investors Dream or Development Opportunity!!! Amazing chance to own a 4 unit income property in PRIME Santa Monica. 3 UNITS have their own LARGE PRIVATE YARD/PATIOS perfect for entertaining, gardening, barbecuing, al-fresco dining, etc (except 1 unit). One block from St. John's Hospital (perfect for doctors/nurses who want to be close to hospital) minutes from the beach, steps to local shops, cafes, restaurants, close to transportation & schools. Two (2) units will be delivered VACANT so you can place your own tenants or live in the units. Detached 4 car garage to generate extra cash flow of $880/mo (buyer to verify). Scheduled gross rents of $10,180/month (buyer to verify). Possible DEVELOPMENT OPPORTUNITY while collecting rents (buyer to verify). Each unit has its own separate water heater; units have wood floors throughout, & remodeled kitchens.

4
beds

4
baths

1,924 Sq.Ft. LIVING AREA

5,330 Sq.Ft. lot

Melissa Oliver

Melissa Oliver

Features & Amenities

Interior

  • total bedrooms4
  • Total bathrooms4
  • full bathrooms4

Area & Lot

  • Status Sold
  • Living Area1,924 Sq.Ft.
  • Lot Area5,330 Sq.Ft.
  • MLS® ID19-463446
  • TypeResidential
  • YEAR BUILT1937

Exterior

  • Garage Space4

Financial

  • Sales Price$1,975,000

Why Choose Us

It's Simple. Oliver Ferra is the #1 Real Estate Team in Topanga, and has been for 20+ Years. We’ve Lived the Topanga Life, and We Only Want that Others Will Love It Too.