Price Reduced! New price: $1,875,000 PROPERTY WEBSITE with OM: https://properties.berkadia.com/the-chelsea-492183/ Berkadia is excited to exclusively offer for sale, The Chelsea at 2440 Chelsea Place, a single-family home with triplex in a prime Santa Monica location. The turnkey property would be great for an owner-user and features a renovated house and 2 out of 3 apartments fully renovated. Units are bright and airy with renovations including modern, sleek cabinetry, quartz countertops, stainless-steel appliances and wood-style laminate flooring. Both the house and one unit include in-unit washer/dryer. This investment opportunity offers approximately $357/unit/month in rental upside potential. The location is considered a “Walker’s Paradise” with a 94 Walk Score. Residents can walk to Providence Saint John’s Health Center, CVS, Starbucks, Jamba Juice, Trader Joe’s, and a Variety of Restaurants. The property is minutes to Downtown Santa Monica, the 26th Street/Bergamot Metro Expo Station, and is one block to highly ranked McKinley Elementary School. Tremendous Area Demographics: Average Household Income Over $210K and Average Housing Value Over $2.13M within a three-mile radius.