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1411-1413 Cloverfield Blvd
Santa Monica, CA 90404 Mid-City Santa Monica

$2,895,000 USD

Apartments For Sale  •  4,098 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,098 SF
  • Lot Size 0.05 AC
  • Building Class C
  • Year Built 1999
  • Cap Rate 5.93 %
  • Zoning C4, Santa Monica
50 Transit Score
70 Walk Score

Highlights

Boutique three-unit live/work property in Santa Monica’s thriving Media District
Built in 1999 and EXEMPT from City of Santa Monica Rent Control
Just one mile from the Bergamot Station Arts Center and its major redevelopment project
Fully remodeled interiors with hardwood flooring, high ceilings, exposed brick, central HVAC, and abundant natural light
Private outdoor spaces and secure off-street parking for each unit
Prime location adjacent to Parkside Medical and St. John’s Medical Center

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $171,563 USD (2026)
Cap Rate: 5.93 %
Total Expenses: $60,213 USD

Major Tenants

Tenant SF Occupied Lease End Date
D Baron Media Relations Inc
DZ Solutions

Amenities

  • Air Conditioning

Public Transportation

Transit/SubwayDriveWalkDistance
26Th St/Bergamont (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 11 min 0.6 mi
17 St/ Smc (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 14 min 0.8 mi
AirportDriveWalkDistance
Los Angeles International 17 min - 10.4 mi
Bob Hope 31 min - 19.7 mi
Long Beach (Daugherty Field) 36 min - 27.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Covered
Included in Rent: Yes
Jonathan Taksa 310-968-5303 RE/MAX Commercial & Investment Realty
Jonathan Taksa 310-968-5303 RE/MAX Commercial & Investment Realty