Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Building size

4,098 sqft

Lot size

2,000 sqft

Year built

1999

Stories

2

Heating

Central

Cooling

Central Air

Status

Active

Days on market

278

MLS #

246808369

About this property

HIGHER INCOME AND A 5.93 CAP FOR A PROPERTY EXEMPT FROM CITY RENT CONTROL!!! We are pleased to present The Cloverfield Creative Residences, a boutique collection of three beautifully reimagined live/work units ideally positioned in the heart of Santa Monica's dynamic Media District. Located at 1411 Cloverfield Boulevard, the property offers an exceptional opportunity for both investors and owner-users seeking a flexible, high-design environment within one of the Westside's most sought-after creative corridors. Surrounded by leading industry names including Amazon, Oracle, Red Bull, CBS, Sony, and Dick Clark Productions, the property enjoys unparalleled proximity to St. John's Medical Center, Parkside Medical, and the emerging Bergamot Station Arts Center redevelopment. Tenants and occupants benefit from immediate access to Santa Monica's premier lifestyle amenities, with Colorado Center Park and Schader Park moments away, and world-class dining, shopping, entertainment venues and the beautiful Santa Monica beach within minutes. Each of the three residences has been thoughtfully designed with a focus on flexibility and aesthetic appeal featuring hardwood floors, soaring ceilings, abundant natural light, exposed brick walls, central HVAC, private outdoor spaces, and secure off-street parking. The result is a rare live/work environment equally suited to creative professionals, medical and tech users, design firms, and boutique production companies.

Location

1411 Cloverfield Boulevard

Santa Monica, Los Angeles, CA, 90404