2452 Chelsea Place M, Santa Monica, California 90404, Santa Monica, 90404 - 2 bed, 2 bath
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Santa Monica, California 90404
This Turnkey Condominium represents a Strong Value Opportunity, listed at $760,000—positioned well below the $827,799 Fair Market Value by 8%. This valuation gap provides $67,799 in Instant Equity. Featuring a Mint Condition Rating with a renovated kitchen, new flooring, and a three-zone A/C system, this home offers a private terrace and a rare two-story layout. Located in the Santa Monica-Malibu Unified district near top-rated schools, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2452 Chelsea Place M Subject | $760,000* List Price | 2 | 2 | 1,046 | $791 | - |
A 2624 Kansas Avenue 11 Sold | $731,000 | 2 | 2 | 949 | $770 | 1.0 mi |
B 1447 Franklin Street 5 Sold | $699,000 | 2 | 2 | 888 | $787 | 0.6 mi |
C 1327 Stanford Street 3 Sold | $765,000 | 2 | 1 | 988 | $774 | 0.4 mi |
D 1528 Yale Street 3 Sold | $810,000 | 2 | 2 | 879 | $922 | 0.4 mi |
E 1228 14th Street 105 Sold | $712,000 | 1 | 1 | 802 | $888 | 0.9 mi |
F 1337 Berkeley Street 6 Sold | $950,000 | 2 | 2 | 1,335 | $712 | 0.5 mi |
G 1222 Princeton Street 10 Sold | $580,000 | 2 | 1 | 757 | $766 | 0.2 mi |
H 2452 Chelsea Place M Active | $855,000 List Price | 2 | 2 | 1,046 | $817 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1974, the property has undergone a comprehensive recent renovation including a modern kitchen, updated bathrooms with a large glass shower, brand-new flooring, and a new three-zone A/C system, meeting the criteria for mint condition with recent upgrades.
The unit features a beautifully renovated kitchen, new flooring, and a rare two-story layout with no neighbors above or below, providing a townhouse-like feel and enhanced privacy.
Ideally situated near premium amenities like Whole Foods and Erewhon, top-rated schools, and the beach, ensuring high lifestyle appeal and strong long-term value.
With a low monthly HOA fee of $300 and a rental-friendly policy, this property offers excellent affordability and flexibility for both owner-occupants and investors.
Built in 1974, the complex may lack the modern architectural aesthetics and extensive common-area amenities found in newer Santa Monica developments.
At 1,046 square feet distributed over two floors, the living space may feel somewhat confined for buyers seeking more expansive open-concept layouts.
Back on the market and priced to sell! Enjoy the comfort and privacy of this desirable two-story condo with no neighbors above or below. The thoughtfully designed floor plan features a beautifully renovated kitchen that opens to the dining area and flows seamlessly into the inviting living room, complete with a cozy gas fireplace and convenient powder room. Sliding glass doors lead to a private terrace with plenty of space for outdoor dining, grilling, and additional storage for bikes or gear. Upstairs, you'll find two spacious bedrooms, including one with an oversized closet, along with a renovated bathroom featuring a large glass shower and a dedicated laundry room with a full-size washer and dryer. Recent upgrades include brand-new flooring and a three-zone A/C system for year-round comfort. Two assigned parking spaces in the gated underground garage add everyday convenience. The well-maintained HOA is fully funded with low monthly dues, and the community is rental-friendly, making it an excellent option for both homeowners and investors. Ideally located just minutes from the beach, with Whole Foods, Erewhon, popular cafés, parks, shopping, dining, and major commuter routes all nearby.
No exterior & parking available.
Grades PK-5 • 0.1 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,046 | 1,346 |
| Lot Size | 15,431 | 7,869 |
| Price | $760.0K | $1.33M |
| Price per sq ft | $727 | $977 |
| Built year | 1974 | 1978 |
| HOA | $300.0 | $500 |
| Days on market | 5 | 57 |
Jul 17, 2026
$760,000
Initial Listing
Mar 19, 2020
$760,000
Public Record
May 4, 2015
$610,000
Public Record