1226 Chelsea Ave Unit 1 Santa Monica, CA 90404
Mid-City Santa Monica NeighborhoodEstimated payment $18,020/month
Total Views
8,783
6
Beds
5
Baths
3,038
Sq Ft
$978
Price per Sq Ft
Highlights
- No HOA
- 1-Story Property
- 3-minute walk to Douglas Park
- McKinley Elementary School Rated A
About This Home
FULLY VACANT HOUSE + 3 UNITS | A unique opportunity to own a fully vacant 4plex in the heart of Santa Monica. Whether you're an owner-user looking to live in one unit and rent the others, or an investor ready to set market rents from day one, this property offers the kind of flexibility that's nearly impossible to find especially in Santa Monica. Located just off Wilshire Blvd, you're minutes from everything: Douglas Park, Whole Foods, Trader Joe's, UCLA Medical Center, The Water Garden and Colorado Center Park. With an unbeatable Walk Score, this is the type of neighborhood people stay in for years.The front home is a spacious and fully remodeled 3-bedroom, 2-bath house with a den, modern fixtures, a private front deck, and 10-foot privacy shrubs that require virtually no upkeep. Behind it are three remodeled 1-bedroom, 1-bath units, perfect for extended family, guests, or strong rental income. All units will be delivered fully furnished. Additionally, there are garages in the back that presents strong ADU potential. The property also features a new energy-efficient roof with reflective material, keeping things cool and efficient. With no tenants, this property gives you a rare advantage in Santa Monica full control from day one. Live in the front, lease the back, build out an ADU, or simply hold a strong asset in a coastal market.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02035763 Listed on: 07/18/2025
Co-Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-259-7556 License #02117893
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,090
Year Built
- Built in 1958
Lot Details
- 5,303 Sq Ft Lot
- Density is up to 1 Unit/Acre
- Property is zoned SMR2*
Parking
- 3 Car Garage
Interior Spaces
- 3,038 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 6 Main Level Bedrooms
- 5 Full Bathrooms
Location
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 10 / 5
- Tax Tract Number 1234
- Assessor Parcel Number 4276017050
- $1,234 per year additional tax assessments
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,090 | $1,775,177 | $1,366,579 | $408,598 |
| 2024 | $21,090 | $1,740,371 | $1,339,784 | $400,587 |
| 2023 | $20,752 | $1,706,247 | $1,313,514 | $392,733 |
| 2022 | $20,489 | $1,672,792 | $1,287,759 | $385,033 |
| 2021 | $19,973 | $1,639,993 | $1,262,509 | $377,484 |
| 2019 | $19,633 | $1,591,582 | $1,225,063 | $366,519 |
| 2018 | $18,447 | $1,560,380 | $1,201,043 | $359,337 |
| 2016 | $17,761 | $1,499,569 | $1,154,406 | $345,163 |
| 2015 | $17,530 | $1,477,045 | $1,137,066 | $339,979 |
| 2014 | $17,297 | $1,448,113 | $1,114,793 | $333,320 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | For Sale | $2,970,000 | -- | $978 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | $1,299,000 | -- | |
| Grant Deed | -- | Fidelity Van Nuys | |
| Interfamily Deed Transfer | -- | Fidelity Van Nuys | |
| Interfamily Deed Transfer | -- | Fidelity Van Nuys | |
| Grant Deed | -- | Fidelity Van Nuys |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $880,000 | Balloon | |
| Previous Owner | $980,000 | Unknown | |
| Previous Owner | $974,250 | Purchase Money Mortgage | |
| Previous Owner | $800,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in Santa Monica, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25162445
APN: 4276-017-050
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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