1226 Chelsea Avenue, Santa Monica, California 90404, Santa Monica, 90404 - 6 bed, 5 bath
1226 Chelsea Avenue
Santa Monica, California 90404
Property Price
SUMMARY
Analysis of 1226 Chelsea Avenue, Santa Monica, California 90404 reveals a Prime Investment Opportunity with a current list price of $2,699,000—significantly undercutting the $2,790,000 Fair Market Value by 3%. This valuation gap indicates a +$91,000 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1226 Chelsea Avenue Subject | $2,699,000* List Price | 6 | 5 | 3,038 | $918 | - |
A 1222 Chelsea Avenue Active | $2,400,000 List Price | 7 | 5 | 2,464 | $974 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone extensive recent renovations that align with the highest quality standards. Key upgrades include a brand-new roof, a 2025 HVAC system, and a high-quality custom kitchen with stone countertops. The interior features solid maple hardwood flooring and a 'decorator done' aesthetic. With the addition of three modern ADUs and updated security systems, the property shows no signs of deferred maintenance and functions as a virtually new multi-unit residence despite its 1958 original build date.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Income Potential
The property features a primary 3-bedroom residence plus three additional 1-bedroom ADUs, offering a rare opportunity for significant rental income or a flexible multi-generational living arrangement in a high-demand area.
- Recent High-Value Upgrades
With a brand-new roof, a 2025 HVAC system, and a custom designer kitchen with stone countertops, the home offers modern reliability and reduced immediate capital expenditure for the buyer.
- Premium Security and Privacy
The inclusion of a security gate, comprehensive video surveillance system, and on-site garage provides a secure and private environment, which is a highly sought-after feature in the Santa Monica market.
CONSRISKS & DEFICIENCIES
- High Density on Small Lot
Housing four separate units on a 5,303-square-foot lot results in high density, which may limit private outdoor yard space and create a sense of crowding for the residents.
- Operational Complexity
Managing a multi-unit property built in 1958 requires more intensive maintenance oversight and tenant management compared to a standard single-family residence, potentially deterring passive buyers.
About 1226 Chelsea Avenue
Welcome to 1226 Chelsea Ave, a stunning single-family home with 3 additional ADU one bedroom units, in Northern Santa Monica. This spacious main residence is an impressive 3 bedroom living space, decorator done, light and airy, with solid maple hardwood flooring with ample room for a baby grand piano.A high quality custom kitchen was installed by the meticulous owner along with stone counters. The home recently received a new roof, as well as a new Air conditioning and heating system (2025)The property also features 3 separate one bedroom apartments, each with their own kitchen and bathroom.Step into the inviting living areas and discover seamless transitions between spaces, ideal for both entertaining and relaxing. The outdoor deck is perfect for enjoying the Southern California lifestyle, whether you're hosting a gathering or unwinding in your private retreat.This home has newly installed central heating and cooling, ensuring year-round comfort, and a laundry area complete with washer/dryer hookups and included appliances for added convenience. Parking is a breeze with an on-site garage and additional parking provided.For peace of mind, the property is equipped with a security gate, security system, and video security. These thoughtful features prioritize safety and privacy while enhancing the overall appeal of the property.Situated on a desirable street, this home offers a perfect blend of comfort, practicality, and style. Don't miss your opportunity to experience all that 1226 Chelsea Ave has to offer. Schedule your private tour today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 5,303 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 90% |
| Baths | 5.0 | 2.0 | 90% |
| Square foot | 3,038 | 1,721.5 | 90% |
| Lot Size | 5,303 | 6,335.5 | 20% |
| Price | $2.70M | $2.05M | 90% |
| Price per sq ft | $888 | $1.2K | 30% |
| Built year | 1958 | 1948 | 90% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 163 | 10% |
Pricing History
Listed for Sale
Feb 27, 2026
$2,699,000
$2,790,000
-3% Price Drop
Initial Listing
Price Change
Feb 2, 2026
$2,790,000
Initial Listing
Sold
Sep 22, 2005
$1,299,000
Public Record