Asking Price: $3,390,000

Located at 1226 Chelsea Ave, Santa Monica, this fully vacant four-unit property presents a rare opportunity in one of the city’s most sought-after neighborhoods. Situated just off Wilshire Blvd, the property offers easy access to Douglas Park, Whole Foods, Trader Joe’s, UCLA Medical Center, California Chicken Cafe, The Water Garden, and Colorado Center Park. With its prime location and strong walkability, this is an ideal home for an owner-user or a great investment opportunity. The front house is a secluded 3-bedroom, 2-bath home, fully remodeled with modern fixtures and a private, spacious front deck, perfect for outdoor relaxation. Lush 10-foot shrubs surround the space, providing excellent privacy while remaining low maintenance, requiring only once-a-year trimming. Behind the main house are three additional 1-bedroom, 1- bath units, offering flexibility for extended family, guests, or rental income. Select units have upgraded kitchens and bathrooms, enhancing their comfort and appeal. The garage also presents ADU potential, allowing for further expansion and income opportunities. Additionally, the property has a new roof with reflective material, improving energy efficiency and reducing heat absorption. With no existing tenants, buyers can immediately lease at market rents, a huge advantage in Santa Monica’s rentcontrolled market. Whether you're looking for a multigenerational home, an income-generating property, or a value-add investment, this is an incredible opportunity to own in a high-demand location. OPEN HOUSE SATURDAY (02/22) & SUNDAY (02/23) 1:00PM-4:00PM. Call/Email David Messiah for Offering Memorandum.