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$4,500,000

2626 Cloverfield Boulevard
Santa Monica, CA 90405

Residential Income|Sold 05/08/2025
11
Beds
12
Total Baths
5,948
SqFt
$757
/SqFt
1966
Built
County:
Los Angeles
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
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Huge 650k Price Reduction! 12 Unit building with 10 fully renovated units in Prime Santa Monica cash flowing at an incredible Current Cap Rate of 5.8% and 12.6 GRM from day 1! Priced at only 416k/door for renovated units with an amazing upside to 6.7% Cap Rate and 11.2 GRM on the proforma. Delivered with 10 fully renovated units with permits including 8 remodeled units plus 2 brand-new attached ADUs. These units have been completely renovated with permits and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements. Notably, there are preliminary plans for 6 additional detached ADUs over the open parking lot in the back that offer exceptional future upside potential. The property is located in the heart of Santa Monica just minutes away from the Beach and within close proximity to Santa Monica Business Park as well as hip neighborhood attractions, restaurants, bars, and shops such as Layla Bagels, Local Kitchen & Wine Bar, Estate Coffee, and many more popping up all around the area.

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Listing Snapshot
Bedrooms 
11
Total Baths 
12
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
5,948 sqft
Lot Size 
0.1388 Acres
Year Built 
1966
MLS® Number 
25477031
Status 
Sold
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 months agoListing updated with changes from the MLS®
General Features
Acres 
0.1388
Levels 
Two
Number Of Stories 
2
Parking Spaces 
9
Special Circumstances 
Standard
SqFt Total 
5948
Zoning 
SMR3*
Interior Features
Appliances 
Refrigerator
Heating 
Wall Furnace
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Community Features
MLS Area 
C14 - Santa Monica
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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