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For sale
  • $1,850,000

    2447 Chelsea Pl, Santa Monica, CA 90404

    7beds
    7baths
    4,255sqft
    : 
    $11,941/mo
    Get pre-qualified
    Multi Family
    Built in 1965
    -- sqft lot
    $1,804,900 Zestimate®
    $435/sqft
    $-- HOA

    What's special

    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.
    16 hours
    123
    7

    Zillow last checked:

    Listing updated:

    Listed by:

    Keri White DRE # 01491049 424-262-4522,

    Element RE, Inc 310-310-3372

    Source: CLAW,MLS#: 26961579MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 7
      Rooms
      • Room types: Family Room, Dining Area
      Bathroom
      • Features: Double Vanity(s), Shower Over Tub, Shower Stall
      Heating
      • Other
      Cooling
      • Other
      Appliances
      • Included: Dishwasher, Range/Oven
      • Laundry: Common Area, Inside, Laundry Room, Other
      Features
      • Ceiling Fan(s)
      • Flooring: Wood, Tile, Carpet
      • Doors: Sliding Doors
      • Windows: Blinds, Drapes, Vertical Blinds
      • Has fireplace: Yes
      • Fireplace features: Kitchen, Bath, Family Room
      Interior area
      • Total structure area: 4,255
      • Total interior livable area: 4,255 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached Carport, Covered
      • Carport spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Ground Level w/steps
      • Patio & porch: Concrete Slab, Enclosed, Patio
      • Exterior features: Balcony
      • Pool features: None
      • Spa features: None
      • Has view: Yes
      • View description: None
      • Waterfront features: None
      Lot
      • Size: 5,187 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 4276022020
      • Zoning: SMR2*
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Mid-Century
      • Property subtype: Multi Family
      Materials
      • Frame, Stucco
      • Foundation: Slab
      Condition
      • Year built: 1965

      Utilities & green energy

      • Sewer: In Street, In Connected and Paid
      • Water: Public

      Community & HOA

      Community
      • Security: None
      Location
      • Region: Santa Monica

      Financial & listing details

      • Price per square foot: $435/sqft
      • Tax assessed value: $845,569
      • Date on market: 9/4/2026
      • Road surface type: Alley Paved

        Estimated market value

        $1,804,900

        $1.71M - $1.90M

        $5,549/mo

        Price history

        DateEventPrice
        9/4/2026Listed for sale$1,850,000$435/sqft
        Source: CLAW #26961579 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $862,480 +2%
        2025$11,483 +6.7%$845,569 +2%
        2024$10,763 +1.6%$828,990 +2%
        2023$10,592 +1.4%$812,736 +2%
        2022$10,447 +2.9%$796,801 +2%
        2021$10,155 +0.7%$781,178 +1%
        2020$10,082 $773,169 +2%
        2019$10,082 +7.9%$758,010 +2%
        2018$9,348 $743,148 +2%
        2017$9,348 +0.5%$728,578 +2%
        2016$9,298 +3.8%$714,293 +1.5%
        2015$8,962 +2.4%$703,565 +2%
        2014$8,750 $689,784 +2.5%
        2012-- $673,205 +2%
        2011-- $660,006 +0.8%
        2010-- $655,074 -0.2%
        2009-- $656,631 +2%
        2008-- $643,757 +2%
        2007-- $631,135 +2%
        2006-- $618,760
        2005-- $618,760 +4%
        2004-- $594,735 +1.9%
        2003-- $583,836 +2%
        2002-- $572,390 +106.2%
        2000-- $277,527
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Mid-City

        Getting around

        93 / 100
        Walker's Paradise
        68 / 100
        Good Transit
        92 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Santa Monica-Malibu Unified School District

        Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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