$4,950,000
2626 Cloverfield, Santa Monica CA 90405
Multi-Family (12 Units)
Property type
69 days
On market
$829
Price per sqft
0 cars
Garage
1966
Year built
6,048 sqft
Lot size
Home highlights
Open Houses
Overview
2626 Cloverfield Boulevard is a renovated 12-unit apartment building in the world-renowned coastal market of Santa Monica, California. This offering represents an exciting opportunity to acquire a turnkey asset with remodeled interiors, strong in-place income, and immediate upside potential. Originally constructed in 1966, the property consists of eleven one-bedroom units...
Listing provided by: Steven Bogoyevac DRE #01332755 562-257-1231, Steven M. Bogoyevac, Broker
Listing updated: Apr 8, 2026 at 04:46pm.
Last checked: Jun 14, 2026 at 04:30am
Source: CRMLS #PW26075107
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 11 | 1 | 1 | — | $3,046 | $33,504 | $3,500 | Unfurnished |
| 1 | 0 | 1 | — | $911 | $911 | $2,295 | Unfurnished |
# of Buildings: 1
# of Units Total: 12
Separate Electric Meters: 12
Separate Gas Meters: 12
Separate Water Meters: 0
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
12.0x
List Price / Annual Gross Rent
Cap Rate
5.93%
NOI / List Price
Gross Scheduled Income: $412,974
Operating Expense: $107,092
Net Operating Income: $293,492
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: Inside
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Common Walls: No Common Walls
Lot Features: Corner Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 4273012016
Additional Parcels: No
Tax Lot: 442
Community
Senior Community: No
Community Features: Urban