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Quadplex with Three Vacant One-Bed Units
For Sale
Under Contract
$2,498,000

1226 Chelsea Ave, Santa Monica, CA 90404

MULTI_FAMILY - Santa Monica, CA

Property Size3,038 SF
Lot Size0.12 Acres
Price / SF$822.25
Days on Market180

Property Features for 1226 Chelsea Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning SMR2*
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 5, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 6, Bathroom 1
Parking 2
Parking features Garage, Driveway, Covered, On Street, Tandem
Directions South of Wilshire, North of Santa Monica Blvd
Subdivision Santa Monica
Standard status Active Under Contract
APN 4276-017-050
Size 3,038 SF
Lot size 0.12 Acres

Utilities

Heating system Central
Cooling system Central Air

Amenities

outdoor deck
laundry area
security gate
security system
video security

Building Details

Year built 1958
Floors in Building 2
Number of units 4
Listing Agency: Compass
Listed By: Andrew Robarge · License #01761507
Added: Feb 3 Changed: Aug 1 Last Checked: Aug 2 at 3:06AM
MLS# 26647071

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Welcome to 1226 Chelsea Ave, a quadplex delivering all units vacant—an opportunity to select your tenants. The property includes a main three-bedroom residence plus three separate one-bedroom apartments, each with its own kitchen and bathroom. The home features light-and-airy living areas with solid maple hardwood flooring and a custom kitchen with stone counters.

Recent upgrades include a new roof and newly installed central heating and cooling (2025). A laundry area provides washer/dryer hookups with included appliances, and the outdoor deck offers space for relaxing or entertaining.

For added security and privacy, the property is equipped with a security gate, security system, and video security. Parking is available with an on-site garage and additional driveway and covered parking options, along with on-street and tandem parking. Built in 1958 on a 0.1217-acre lot, the property is zoned SMR2* and totals 3,038 square feet.

Key Highlights

  • All units delivered vacant, including a main three‑bedroom residence plus three one‑bedroom apartments
  • Three one‑bedroom apartments each with their own kitchen and bathroom
  • New roof plus newly installed central heating and cooling (2025)

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Barber Shop Tattoo & Piercing Shop Grocery & Convenience Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,977
Businesses Nearby

Demographics for 90404, CA

21,995
Population
11,499
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
10,998
Density / Sq Mi
$85,081
Median Household Income
$66,349
Median Earnings
$2,095
Median Rent
$1,159,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - All units delivered vacant, with central HVAC installed in 2025 and garage-plus-driveway parking.
Where is this quadplex located?
The property is located at 1226 Chelsea Ave Santa Monica, CA.
What is the asking price?
The asking price for this property is $2,498,000.
What are key features of this property?
This property features: All units delivered vacant, including a main three‑bedroom residence plus three one‑bedroom apartments; Three one‑bedroom apartments each with their own kitchen and bathroom; New roof plus newly installed central heating and cooling (2025)
More about this property
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