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2444 Chelsea PL Santa Monica, CA 90404
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Key Details
Sold Price $1,385,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,759 sqft
Price per Sqft $501
MLS Listing ID 21757808
Sold Date 09/16/21
HOA Y/N No
Year Built 1955
Lot Size 4,791 Sqft
Acres 0.11
Property Description
-4.98% Pro-Forma Cap Rate & 14.32 Pro-Forma GRM -Tremendous Value Add Potential -51% Projected Upside -Great Owner User Opportunity -Attractive Residential Financing -(Four) Large 1- Bedroom/1- Bath Units --Three of Four Units Have Been Freshly Painted, Re- carpeted & Retiled -Newly Installed Roof in 2021 & Copper Plumbing -Four Carport Parking Spaces Available -A+ Location - Just South of Wilshire -Walking Distance to Lionsgate Entertainment and The Water Garden Employment Hub -Less than Two Miles Away from Third Street Promenade, Santa Monica Pier & Universal Music Publishing Group -In Close Proximity to Fia Restaurant, Erewhon Market, Tartine Cafe, Fairmont Miramar Hotel, Hotel Casa Del Mar and the Many Restaurants of Downtown Santa Monica
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile
Fireplace No
Exterior
Garage Carport
Parking Type Carport
Building
Story 1
Others
Senior Community No
Tax ID 4276022011
Special Listing Condition Standard
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Bought with David Messiah • Shield CRE, Inc.
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