Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

1335 Chelsea Avenue

Santa Monica, CA, 90404

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$1,175,000

MLS: 26660483

Beds

1

Baths

1

Sq Ft

718

Lot

0.05 ac

Year Built

1931

MLS #

26660483

Days on Market

13

Listed

Mar 31, 2026

Description

OPPORTUNITY AWAITS on Chelsea Avenue in Santa Monica! Situated on a corner, this one bedroom, one bath home with outdoor patio is ready for your TLC. This small home is a great condo alternative with no HOA. Great option for an owner/investor and/or buyer wanting to build new.

Location

Santa Monica, Los Angeles County, CA 90404

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Listed by: Mark Douglas · Sotheby's International Realty

Payment estimate

$8,462

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $117,500 · Loan: $1,057,500

%
Principal & Interest
$6,497
Property tax (1.25%)
$1,224
Homeowners insurance
$300
Mortgage insurance
$441
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $41,125 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Santa Monica, CA 90404 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

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