logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
Street View
icon icon
12 Photos
icon
icon icon
2626 Cloverfield Boulevard
USD 5,595,000
Property ID: 23290751
icon
2626 Cloverfield Boulevard ,90405
icon --
icon 6046 SqFt
icon Built in 1966
icon USD 925/SqFt
icon 9 Beds
icon 0 Full
icon --
icon --
icon
icon
icon
Location Street View
icon
icon Direction
Interior Details
Bedrooms
9
Bathrooms
0
Interior Size
5948
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1966
See more icon
Detailed Introduction Of This Home
12 Unit building with 10 fully renovated vacancies in Prime Santa Monica cash flowing at an incredible Current Cap Rate of 5% and 14.2 GRM from day 1! Priced at only 466k/door for renovated units with an amazing upside to 5.9% Cap Rate and 12.6 GRM on the proforma. Delivered with 10 fully renovated vacancies with permits including 8 vacant units plus 2 vacant brand-new attached ADUs. The vacancies have been completely renovated with permits and boast a high-end aesthetic with new modern cabinets, flooring, recessed lighting, new bathrooms, stainless steel appliances, washer/dryer inside, as well as major exterior capital improvements. Notably, there are Preliminary Plans for 2 additional detached ADUs over the open parking lot in the back that offer exceptional future upside potential. The property is located in the heart of Santa Monica just minutes away from the Beach and within close proximity to Santa Monica Business Park as well as hip neighborhood attractions, restaurants, bars, and shops such as Layla Bagels, Local Kitchen & Wine Bar, Estate Coffee, and many more popping up all around the area.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 12
album
album
album
album
album
album
album
album
album
album
album
album
Photos (12)
icon
icon
banner
2626 Cloverfield Boulevard
USD 5,595,000 9 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.com
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.com’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder