NOT LISTED FOR SALE

1927 Cloverfield Blvd Santa Monica, CA 90404

Pico Neighborhood
10 Beds
8 Baths
4,856 Sq Ft
7,980 Sq Ft Lot

Last Sold July 30, 2019

Last sale price $3,075,000 $633 Per Sq Ft

18 Days on Market

About This Home

As of July 2019

We are proud to present a rare non-rent control apartment building situated in one of the most coveted cities in America. Built in 2003, the property is a well-maintained four-unit apartment building. The offering consists of the following mix: one, three-bedroom/two-bathroom (two-story, townhouse style),one, two-bedroom/two-bathroom, and two, two-bedroom/one-and-a-half bathroom. The number of units and superb mix allows an investor the opportunity to take advantage of long-term residential financing and operate as an owner/user. All units are non-rent control and currently occupied. The front owner's unit has a washer and dryer inside the unit while the 4 units in the back share the laundry room on site. There are a total of 9 parking spaces in the gated parking lot behind the building. 1927 Cloverfield Boulevard is truly a needle in a haystack.

Last Agent to Sell the Property

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 04/08/2019

Last Buyer's Agent

Filip Niculete

Marcus & Millichap License #01905352 Listed on: 04/08/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 7,980 Sq Ft Lot

Parking

  • 9 Parking Spaces

Interior Spaces

  • 4,856 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4274-001-038

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4856
  • Stories: 2
  • Year Built: 2003
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 648.68

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Total Parking: 9

Lot Info

  • Assessed Improvement Value: 520647
  • Assessed Land Value: 857543
  • Assessor Parcel Number: 4274-001-038
  • Geocode Override: No
  • Lot Size Area: 7980

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 17.33
  • Number Of Units: 4
  • Total Annual Expense: 46783
  • Type Of Units: Standard
  • Vacancy Rate: 3%

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $3,075,000 -2.4% $633 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $3,150,000 -- $649 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-453106

The MLS