Properties

Santa Monica, CA 90405 2626 Cloverfield

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Presented By: Steven Bogoyevac with Steven M. Bogoyevac, Broker; steve.bogoyevac@marcusmillichap.com
  • MLS# PW26075107
  • 04/07/2026
  • Get pre-approved
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  • Baths • 1
  • SQFT • 5,968

Home Details

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 Monicaโ€™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 Californiaโ€™s most supply-constrained and resilient rental markets.
Presented By: Steven Bogoyevac with Steven M. Bogoyevac, Broker; steve.bogoyevac@marcusmillichap.com

Interior Features for 2626 Cloverfield

Other Interior Features

Common WallsNo Common Walls
Laundry FeaturesInside
Total Stories2

Other Rooms

Entry Level1

General for 2626 Cloverfield

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate5.93
CitySanta Monica
Community FeaturesUrban
CountyLos Angeles
DirectionsCorner of Ocean Park Blvd and Cloverfield
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income412974
Insurance Expense
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet6048
Lot Size UnitsSquare Feet
MLS AreaC14 - Santa Monica
Net Operating Income293492
New ConstructionNo
Number Of Units Total12
Open Parking Spaces6
Operating Expense107092
Pool FeaturesNone
PostalCitySANTA MONICA
Property Attached Y/NNo
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot442
Trash Expense0
Water Sewer Expense0
Year Built1966
Year Built SourceAssessor

Exterior for 2626 Cloverfield

Building Area Total5968
Lot FeaturesCorner Lot
Lot Size Acres0.1388
Lot Size Area6048
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters0
Private PoolNo
Total Parking6
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $4,950,000
MLS#PW26075107
List Date 04/07/2026
Property Type Multi-Family
Phone 888.795.6274
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