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1044 Chelsea Avenue, Santa Monica, CA 90403

$3.1M2bd · 1ba · 1,217 sqft
Lot 6,095 sqft•Single Family Residence•
Active
•121d on market•MLS# 00-26847441

Property Description

A wonderful opportunity to upgrade or add onto this original 2 bedroom, 1 bath 1946 traditional house. It has great light in every room. The living and dining room is located in the front of the house with the centrally located kitchen and lots of storage in the pantry. It has been well maintained in its original condition. It has a long driveway to a 2 car garage with a converted area behind the garage that is used as an office. Permits have been approved for a 1150 ADU and have since expired. Renderings of the ADU are shown in this listing. The property was preventatively seismically retrofitted in 2021, qualifying it for a CEA earthquake insurance discount. There is a grassy yard with access to the alley behind the house. The locale is exceptional with the newly upgraded Douglas Park, shops and groceries moments away, and public transport one block away.

Features & Amenities

FeeBuilt 1946

Property Details

Land Type
Fee
Year Built
1946
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Trees/Woods
Flooring
Wood
City
Santa Monica
Zip Code
90403
County
Los Angeles
Listed byUnknown Office, Amy Chang

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$15,675.29
Principal & Interest
Loan Amount
$2,480,000
Total Interest
$3,163,103
Total Payment Over 30 Years
$5,643,103
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1044 Chelsea Avenue, Santa Monica, CA 90403

Santa Monica · Single Family Residence

$3.1M
Luxury Tier
Beds
2
Baths
1
Sqft
1,217
Lot
6,095 sqft
Year
1946
$/Sqft
$2547
Pool: No✓
Spa: No✓
View: Trees/Woods✓
Garage: 2-car✓

Listed 8.1% below the median closed sale of $3,375,000. Closed comps sold at 107% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $3.10M· $2,547/sqft
Total list price
Closed comps
vs closed median $3.38M
−$275K (−8.1%)
Active comps
vs active median $2.44M
+$655K (+26.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,899
+$648 (+34.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
833 Wilson PlaceSanta Monica1947311,1684,640$1,562$1.82M1389
2636 33rd StreetSanta Monica—211,0356,402$2,362$2.44M16379
3037 Delaware AvenueSanta Monica1941321,2766,499$1,512$1.93M3279
928 26th StreetSanta Monica1926211,2558,312$2,470$3.10M175
2521 33rd StreetSanta Monica1946211,5719,636$1,588$2.50M16373
Total: 5 · Average2.41.21,2617,097.8$1,898.8$2.36M74.4
Median1,255$2.44M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
943 Princeton StreetSanta Monica194708/27/2026221,6338,665$3.60M$3.38M$2,0670.9414274
321 17th StreetSanta Monica194808/12/2026221,5848,940$4.50M$4.29M$2,7080.956874
2108 Hill StreetSanta Monica193908/18/2026321,4026,998$2.29M$2.80M$1,9971.223573
858 Harvard StreetSanta Monica193108/17/2026221,0747,914$2.68M$3.52M$3,2821.312373
588 Dryad RoadSanta Monica195708/17/2026321,4245,063$3.30M$3.10M$2,1770.946272
Total: 5 · Average2.42.01,423.47,516$3.42M$3.42M$2,446.2—66
Median1,424$3.38M$3.38M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.