2626 Cloverfield Blvd Santa Monica, CA 90405
Sunset Park NeighborhoodEstimated payment $29,196/month
About This Home
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 and one studio, all of which have undergone comprehensive interior renovations. Unit upgrades include new flooring, modernized kitchens with updated cabinetry and appliances, in-unit washer/dryer combinations, contemporary bathrooms, and air conditioning in select units. The building is separately metered for gas and electricity. Exterior improvements include fresh paint, vibrant unit entries, and low-maintenance landscaping featuring turf, contributing to both curb appeal and reduced ongoing costs. The asset also offers six surface parking spaces. Positioned at the corner of Ocean Park Boulevard and Cloverfield Boulevard, the property benefits from exceptional proximity to Santa Monica’s most sought-after amenities. Santa Monica College is located just a half-mile away, while the beach and the vibrant dining and shopping corridor along Main Street are less than two miles. The iconic Santa Monica Pier and Third Street Promenade are accessible within a 10-minute drive. This prime coastal location continues to attract a strong tenant base, supported by an average household income exceeding $148,000 within a one-mile radius. 2626 Cloverfield Boulevard offers investors the ability to acquire a well-located, fully renovated asset with durable tenant demand, operational efficiencies, and clear near-term income growth in one of Southern California’s most supply-constrained and resilient rental markets.
Listing Agent
Steven M. Bogoyevac, Broker Brokerage Email: steve.bogoyevac@marcusmillichap.com License #01332755 Listed on: 04/08/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966
Lot Details
- 6,048 Sq Ft Lot
- No Common Walls
- Corner Lot
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,968 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Location
- Urban Location
Listing and Financial Details
- Tax Lot 442
- Tax Tract Number 6330
- Assessor Parcel Number 4273012016
- $1,877 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 12 Separate Electric Meters
- 12 Separate Gas Meters
- Operating Expense $95,494
- Gross Income $372,120
- Net Operating Income $265,463
Additional Features
- 12 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $37,354 | $4,590,000 | $3,442,500 | $1,147,500 |
| 2025 | $37,354 | $2,944,852 | $2,122,416 | $822,436 |
| 2024 | $35,046 | $2,887,110 | $2,080,800 | $806,310 |
| 2023 | $34,497 | $2,830,500 | $2,040,000 | $790,500 |
| 2022 | $34,043 | $2,775,000 | $2,000,000 | $775,000 |
| 2021 | $14,728 | $1,130,277 | $1,019,814 | $110,463 |
| 2019 | $14,482 | $1,099,115 | $989,567 | $109,548 |
| 2018 | $13,619 | $1,077,611 | $970,164 | $107,447 |
| 2016 | $13,040 | $1,033,500 | $932,493 | $101,007 |
| 2015 | $12,875 | $1,017,977 | $918,487 | $99,490 |
| 2014 | $12,768 | $998,038 | $900,496 | $97,542 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/14/2026 07/14/26 | Price Changed | $4,750,000 | -4.0% | $796 / Sq Ft | |
| 04/08/2026 04/08/26 | For Sale | $4,950,000 | +10.0% | $829 / Sq Ft | |
| 05/08/2025 05/08/25 | Sold | $4,500,000 | 0.0% | $757 / Sq Ft | View Prior Sale |
| 03/22/2025 03/22/25 | Off Market | $2,291 | -- | -- | |
| 02/28/2025 02/28/25 | Pending | -- | -- | -- | |
| 02/20/2025 02/20/25 | Price Changed | $2,291 | -8.1% | $6 / Sq Ft | |
| 01/28/2025 01/28/25 | Price Changed | $2,493 | -5.0% | $6 / Sq Ft | |
| 01/10/2025 01/10/25 | Price Changed | $2,625 | +14.6% | $7 / Sq Ft | |
| 01/08/2025 01/08/25 | For Rent | $2,291 | 0.0% | -- | |
| 01/06/2025 01/06/25 | For Sale | $4,995,000 | 0.0% | $840 / Sq Ft | |
| 03/18/2024 03/18/24 | Price Changed | $2,291 | +4.1% | $6 / Sq Ft | |
| 02/08/2024 02/08/24 | Price Changed | $2,200 | +10.3% | $6 / Sq Ft | |
| 02/07/2024 02/07/24 | Price Changed | $1,995 | -12.9% | $5 / Sq Ft | |
| 01/04/2024 01/04/24 | Price Changed | $2,291 | -8.1% | $6 / Sq Ft | |
| 12/09/2023 12/09/23 | Price Changed | $2,493 | -22.0% | $6 / Sq Ft | |
| 11/09/2023 11/09/23 | Price Changed | $3,195 | +20.0% | $8 / Sq Ft | |
| 11/07/2023 11/07/23 | For Rent | $2,662 | 0.0% | -- | |
| 09/13/2023 09/13/23 | Price Changed | $2,662 | +28.0% | $7 / Sq Ft | |
| 08/07/2023 08/07/23 | For Rent | $2,079 | 0.0% | -- | |
| 07/13/2023 07/13/23 | Price Changed | $2,079 | -9.3% | $5 / Sq Ft | |
| 07/11/2023 07/11/23 | For Rent | $2,291 | 0.0% | -- | |
| 11/12/2021 11/12/21 | Sold | $2,775,000 | 0.0% | $539 / Sq Ft | View Prior Sale |
| 11/12/2021 11/12/21 | Pending | -- | -- | -- | |
| 11/12/2021 11/12/21 | For Sale | $2,775,000 | -- | $539 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $4,500,000 | Chicago Title Company | |
| Grant Deed | $2,775,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,500,000 | New Conventional | |
| Previous Owner | $2,910,000 | New Conventional | |
| Previous Owner | $2,528,750 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26075107
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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