Description
Charming and well-located 4-unit bungalow property situated on a gated, secure corner lot at arizona avenue and chelsea avenue in the heart of santa monica. this attractive asset offers a rare opportunity to acquire stabilized income in a prime location & high-demand rental market. it is also a perfect for an owner-user property, with one of the units to be delivered vacant as of july 1st. the property consists of two separate duplex structures, each containing two 1-bedroom units, with a shared central patio between the buildings offering a welcoming communal space. each unit features both front and rear entry access and are light & bright with plenty of sunshine. three of the four units have been thoughtfully upgraded with new laminate flooring, upgraded bathroom tile, modern light fixtures, new blinds, and upgraded appliances. all units are equipped with gas wall heaters, and water heaters that have been replaced within the past seven years. unit 2415, located closest to the alley, also enjoys a spacious private patio, perfect for outdoor living and added privacy. the property includes four private garages accessed from the alley, one of which will be available for the upcoming vacancy. two of the garages are currently rented separately, generating an additional $400 per month in rental income. the garages also provide the perfect opportunity to convert to adus (buyer to verify). situated on a 5,293 sf r2-zoned lot, 2415 arizona avenue is ideally located just minutes from some of santa monica's most desirable amenities, including whole foods, trader joe's, reed park, virginia avenue park, and santa monica college.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
50055644
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 4
- Full Baths: 0
- Half Baths: 0
Cooling Features
- None
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1938
- Building Area Total: 1,924
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1215
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 5293
-
Listing Information
Listing Price Information
- Original List Price: 1,920,000
- Listing Contract Date: 2025-06-02
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 4276017056
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C14 - Santa Monica
- Postal Code Plus 4: 1405
- Directions: Property is located on the Northwest corner of Arizona Ave and Chelsea Ave.
- Zoning: SMR2*
- Source Property Type: Residential Income
- Area: C14 - Santa Monica
Building and Construction
- Property Age: 87
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 1924
- Levels or Stories: One
- Building Total Stories: 1
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BuyOwner last updated this listing 06/09/2025 @ 09:39
- MLS: 25547035
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 1,924 sqft, 5,293 sized lot, and 4 parking. are nearby neighborhoods.