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2041 Cloverfield Blvd

Santa Monica, CA 90404
  • $3,275,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 22-143307
UPDATED: 53 min ago
$3,275,000
  • 10
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,444
    SQFT
  • $602
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:
Area:

School Ratings & Info

Description

2041 Cloverfield Boulevard is located in prime Santa Monica. The property offers (1) two- bedroom/one-bath unit, (6) one-bedroom/one-bath units and RTI permits for (2) one-bedroom/one-bath ADUs*. Units feature ample natural light, laminate hardwood flooring and tile flooring in kitchens and baths.The spacious enclosed front courtyard offers the opportunity for a landscaped community lounge area. Onsite laundry facilities, three single car garages and surface parking spaces provide additional building income.The property is ideally located in the center of highly desirable Westside. A plethora of world class entertainment, media and technology companies are located within just a one-mile radius, including Hulu, Riot Games, Snapchat and Oracle.In May of 2022, Amazon announced it would lease 200,000 *Permitted ADU plans may be viewed upon request.square feet of space at the nearby Water Garden to support its retail, games and web services divisions.Santa Monica College, a popular choice for students looking to transfer to Univerity of California and with a student population of 30,000, is located less than one half-mile away.Expo Line's Bergamot Station is also less than one half mile away, providing convenient access to booming Culver City, Exposition Park and Downtown Los Angeles.Whole Foods and Groundworks Coffee are located right across the street, as well as a myriad of top notch restaurant options around the corner.2041 Cloverfield Boulevard offers 58% upside potential with the opportunity to own an attractive asset in a stellar Santa Monica location.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-28T21:43:03.17. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/127377960
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2041 Cloverfield Blvd Santa Monica, CA 90404

  • Price: $3,275,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 53 min ago
  • MLS #: 22-143307
10
Beds
0
Baths
0
½ Baths
0.19
Acres
5,444
SQFT
$602
$/SQFT
1958
Built
Neighborhood:
Santa Monica
County:
Los Angeles
Area:
Santa Monica
Property Description
2041 Cloverfield Boulevard is located in prime Santa Monica. The property offers (1) two- bedroom/one-bath unit, (6) one-bedroom/one-bath units and RTI permits for (2) one-bedroom/one-bath ADUs*. Units feature ample natural light, laminate hardwood flooring and tile flooring in kitchens and baths.The spacious enclosed front courtyard offers the opportunity for a landscaped community lounge area. Onsite laundry facilities, three single car garages and surface parking spaces provide additional building income.The property is ideally located in the center of highly desirable Westside. A plethora of world class entertainment, media and technology companies are located within just a one-mile radius, including Hulu, Riot Games, Snapchat and Oracle.In May of 2022, Amazon announced it would lease 200,000 *Permitted ADU plans may be viewed upon request.square feet of space at the nearby Water Garden to support its retail, games and web services divisions.Santa Monica College, a popular choice for students looking to transfer to Univerity of California and with a student population of 30,000, is located less than one half-mile away.Expo Line's Bergamot Station is also less than one half mile away, providing convenient access to booming Culver City, Exposition Park and Downtown Los Angeles.Whole Foods and Groundworks Coffee are located right across the street, as well as a myriad of top notch restaurant options around the corner.2041 Cloverfield Boulevard offers 58% upside potential with the opportunity to own an attractive asset in a stellar Santa Monica location.
Exterior Features

Lot Size Area 8171 Other Structures None Parking Garage GarageUncovered Total Parking 7

Interior Features

Baths Total 9.00 Common Walls Attached Cooling None Equipment Ceiling Fan Heating Wall

Property Features

Assessed Total Value 2364242 Gross Income 180755 Gross Operating Income 177948 Like Units1 1 Like Units2 6 Like Units3 2 Net Operating Income 100882.00 Number Of Buildings 1 Number Of Units 9 Sale Type Standard Source Living Area Owner Source Lot Size Area Owner Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 74450 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Smr2*

Listing provided courtesy of Kimberly Roberts Stepp DRE#01251767 of Stepp Commercial.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-28T21:43:03.17. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270