1256 Chelsea Ave, Santa Monica, CA 90404 - View 1
1256 Chelsea Ave, Santa Monica, CA 90404 - View 2
1256 Chelsea Ave, Santa Monica, CA 90404 - View 3

1256 Chelsea Ave, Santa Monica, CA 90404

Sale Price: $1,630,000
May 30, 20251,924 sqft4 beds4 baths
Listed by: Melissa Oliver
License #: 00894644
Phone #: 310-455-4111
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: 25546069

Property Description

Charming Santa Monica four-plex with upgraded Interiors & strong Income. Rare opportunity to own a beautifully maintained California bungalow-style four-plex in a prime Santa Monica location just off Wilshire Blvd. All units feature private entrances, charming outdoor spaces, and updated interiors. Each unit offers character and privacy, with select upgrades including in-unit laundry, mounted smart TVs, updated appliances, and split AC systems. The property features turf landscaping, bamboo fencing, keypad entry, updated electrical, newer water heaters, and a new roof installed in 2023. Garage Parking: Detached 4-car garage. 1 garage space available for owner use; 3 garage spaces currently leased to Unit D, which is drywalled and finished off as a creative work/parking space. Permit street parking available. Current Rents:* Unit A: $1,900/month * Unit B: $3,500/month * Unit C: $700/month * Unit D: $3,500/month. Some units eligible for Santa Monica MAR rent increase. Unbeatable Santa Monica location just blocks from Erewhon, Whole Foods, top hospitals, parks, and major bus lines. Enjoy easy access to Montana Ave, the beach, and all the best dining, shopping, and amenities the Westside has to offer making this a highly desirable rental property or owner-user opportunity in a consistently strong market. Do not disturb tenants. Shown by appointment only with 48 hr notice.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,598

TurboHome Estimated Value

$1,999,100

$1,039 sqft

High Valuation
$2,099,055
$1091/sqft
Normal Valuation
$1,999,100
$1039/sqft
Low Valuation
$1,899,145
$987/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1039/sqft$1,999,100

Neighborhood

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Comparative Value

$1.63M

$1.92M

$2.02M

$2.15M

$2.25M

1256 Chelsea Ave, Santa Monica, CA 90404

Sale Price: $1,630,000

Selected Comparable

1144 Chelsea Ave C, Santa Monica, CA 90403

Sale Price: $1,915,000

Selected Comparable

1256 Chelsea Ave, Santa Monica, CA 90404

List Price: $2,025,000

Subject Property

1107 Princeton St 103, Santa Monica, CA 90403

Sale Price: $2,150,000

Selected Comparable

1130 22nd St, Santa Monica, CA 90403

Sale Price: $2,155,000

Selected Comparable

1114 Princeton St 2, Santa Monica, CA 90403

Sale Price: $2,250,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1256 Chelsea Ave, Santa Monica, CA 90404

1256 Chelsea Ave, Santa Monica, CA 90404

List: $2,025,000

Listed: 5/30/2025

Area:1,924 sqft
Price/sqft:$1,052
Beds:4
Baths:4
Year Built:
Lot Size:5,330

Comparable Properties

COMPARABLE
Choose comps
1256 Chelsea Ave, Santa Monica, CA 90404

1256 Chelsea Ave, Santa Monica, CA 90404

Sale: $1,630,000

7/29/20250.00 mi

Area:1,924 sqft
Price/sqft:$847
Beds:4
Baths:4
Year Built:
Weight:27.6%
1107 Princeton St 103, Santa Monica, CA 90403

1107 Princeton St 103, Santa Monica, CA 90403

Sale: $2,150,000

11/18/20240.33 mi

Area:1,967 sqft
Price/sqft:$1,093
Beds:3
Baths:4
Year Built:
Weight:19.2%
1130 22nd St, Santa Monica, CA 90403

1130 22nd St, Santa Monica, CA 90403

Sale: $2,155,000

6/3/20250.26 mi

Area:2,243 sqft
Price/sqft:$961
Beds:5
Baths:4
Year Built:
Weight:19.0%
1114 Princeton St 2, Santa Monica, CA 90403

1114 Princeton St 2, Santa Monica, CA 90403

Sale: $2,250,000

5/29/20250.28 mi

Area:1,766 sqft
Price/sqft:$1,274
Beds:3
Baths:3
Year Built:
Weight:17.6%
1144 Chelsea Ave C, Santa Monica, CA 90403

1144 Chelsea Ave C, Santa Monica, CA 90403

Sale: $1,915,000

8/15/20240.16 mi

Area:1,965 sqft
Price/sqft:$975
Beds:3
Baths:3
Year Built:
Weight:16.7%

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