Realmo Analytics

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Property profile

1520- Cloverfield Blvd Santa Monica, CA 90404

FOR LEASE
Warehouses
Property ID
US09-6913086
60,750 SF 1.1 ac lot Built 1966
Last sale May 2006 · $9,336,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$179k
Tax billed · 2024
Assessed value$14.80M
Assessed land$10.79M
Assessed improvement$4.02M
Effective rate1.21%

Value estimate

· Oct 2026
$7.37M
$6.63M – $8.11M
NOI build-up
Gross scheduled income$2.33M
Vacancy & credit loss−$562k
Operating expenses−$443k
NOI · 414,983,125.00% cap applied$1.33M

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$294/SF
County average, outlier-cleaned · 1878 recorded sales of this use type
Observed band · Q1–Q3$171 – $471
Qualifying comparables15

Cap rate analysis

How does the asset earn?
414,983,125.00%
$1.33M 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?
SMLMSD*
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
Laundromat9.8
Tattoo & Piercing Shop8.6
Watch Repair Shop8.3

Location

1520- Cloverfield Blvd Santa Monica, CA 90404
County assessor Recorded deeds · 3 transfers 15 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3122 Nebraska, Santa Monica, CA 90404-4212 $11,500,000 Jun 2025 18,308 SF
1131 Olympic, Santa Monica, CA 90404-3719 $1,165,000 Jul 2024 16,692 SF
1630 12th, Santa Monica, CA 90404-3710 $20,200,202 Sep 2023 18,420 SF
1723 Cloverfield, Santa Monica, CA 90404-4007 $40,000,400 Jan 2023 25,600 SF
1621 Euclid, Santa Monica, CA 90404-3723 $63,500,635 Jul 2022 44,372 SF
1620 14th, Santa Monica, CA 90404-3702 $63,500,635 Jul 2022 36,322 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?”
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