Renovated Santa Monica Apartment
2626 Cloverfield Santa Monica, CA 90405
2626 Cloverfield, Santa Monica, CA, 90405
$4,950,000
For Sale
$4,950,000
Turnkey 12-unit apartment building in prime Santa Monica location.
Days on Market98
Property Features for 2626 Cloverfield
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1966
Listing agency
Steven M. Bogoyevac, Broker
(562) 257-1231
Listed by
Steven Bogoyevac · License #01332755
(562) 257-1231
Source
Elliman
Added: Apr 15 Updated: Jul 10 at 12:40PM Checked: Jul 21 at 8:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Steven M. Bogoyevac, Broker
Investment Insights
Based on property information with market context.
The renovated 12-unit apartment building is located in Santa Monica, California. Constructed in 1966, the property features eleven one-bedroom units and one studio, all of which have undergone comprehensive interior renovations. Unit upgrades include new flooring, modernized kitchens with updated cabinetry and appliances, in-unit washer/dryer combinations, contemporary bathrooms, and air conditioning in select units. The building is separately metered for gas and electricity. Exterior improvements include fresh paint, vibrant unit entries, and low-maintenance landscaping featuring turf. The asset also offers six surface parking spaces. Positioned at the corner of Ocean Park Boulevard and Cloverfield Boulevard, the property benefits from proximity to amenities. Santa Monica College is located just a half-mile away, while the beach and the vibrant dining and shopping corridor along Main Street are less than two miles. The Santa Monica Pier and Third Street Promenade are accessible within a 10-minute drive. The location attracts a strong tenant base, supported by an average household income exceeding $148,000 within a one-mile radius. The property is located in a Biker's Paradise with a bike score of 91, is somewhat walkable with a walk score of 68, and has good transit with a transit score of 56.
Key Highlights
- Fully renovated 12‑unit apartment building in Santa Monica, a turnkey investment.
- Strong in‑place income with immediate upside potential.
- Prime coastal location near Santa Monica College, the beach, Main Street, Santa Monica Pier, and Third Street Promenade.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Oxuq Health
Corporate Office
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FAQs
What type of property is this?
Apartment building - Turnkey 12-unit apartment building in prime Santa Monica location.
Where is this apartment building located?
The property is located at 2626 Cloverfield Santa Monica, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Fully renovated 12‑unit apartment building in Santa Monica, a turnkey investment.; Strong in‑place income with immediate upside potential.; Prime coastal location near Santa Monica College, the beach, Main Street, Santa Monica Pier, and Third Street Promenade.
