Financial
Distress signals
Property profile

1411 Cloverfield Blvd Santa Monica, CA 90404

FOR SALE
Other investment properties
Property ID
US09-6281683
3,378 SF 0.05 ac lot Built 1999
Last sale May 2019 · $2,875,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Cloverfield Creative Residences is a boutique property consisting of three reimagined live/work units located at 1411 Cloverfield Boulevard in the Media District. Each unit includes hardwood floors, high/soaring ceilings, exposed brick interior walls, abundant natural light, and in-unit central HVAC, and features private outdoor space along with secure off-street parking. The property is positioned in an area with nearby industry and healthcare employers and medical providers, with

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$22k
Tax billed · 2024
Assessed value$1.86M
Assessed land$1.39M
Assessed improvement$465k
Effective rate1.20%

Value estimate

· Sep 2026
$565k
$509k – $622k
AI approach$365k
NOI build-up
Gross scheduled income$157k
Vacancy & credit loss−$38k
Operating expenses−$30k
NOI · 3.09% cap applied$90k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$761/SF
Submarket average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$491 – $1,281
Qualifying comparables11

Cap rate analysis

How does the asset earn?
3.09%
$90k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SMC4*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat9.7
Shoe Repair8.8
Tattoo & Piercing Shop8.5

Location

1411 Cloverfield Blvd Santa Monica, CA 90404
County assessor Recorded deeds · 14 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1637 Stanford, Santa Monica, CA 90404-4113 $6,528,065 Aug 2023 2,414 SF
1871 9th, Santa Monica, CA 90404-4501 $6,470,064 Jun 2022 5,496 SF
3131 Santa Monica, Santa Monica, CA 90404-2507 $1,615,000 Jun 2022 4,735 SF
1413 Michigan, Santa Monica, CA 90404-5384 $6,980,069 Jun 2022 4,033 SF
3205 Santa Monica, Santa Monica, CA 90404-2605 $10,725,000 May 2022 2,592 SF
2922 Santa Monica, Santa Monica, CA 90404-2414 $2,800,028 Jun 2019 2,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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