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Resi Mixed Use / No Rent Control! 1411-1413 Cloverfield Blvd 3 Unit Apartment Building $3,966,150 CAD ($1,322,050 CAD/Unit) 5.82% Cap Rate Santa Monica, CA 90404
Investment Highlights
- Boutique three-unit live/work property in Santa Monica’s thriving Media District
- Walking distance to Colorado Center Park, Schader Park, and numerous cafés, retail, and lifestyle amenities
- Fully remodeled interiors with hardwood flooring, high ceilings, exposed brick, central HVAC, and abundant natural light
- Just one mile from the Bergamot Station Arts Center and its major redevelopment project
- Private outdoor spaces and secure off-street parking for each unit
- Ideal for investors or owner-users in the creative, medical, tech, or entertainment sectors
Executive Summary
P R O P E R T Y O V E R V I E W
JUST REDUCED! Unique Opportunity to acquire a non rent-controlled property! Jonathan Taksa of The Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is 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.
P R I M E L O C A T I O N
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.
P R O P E R T Y F E A T U R E S
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.
JUST REDUCED! Unique Opportunity to acquire a non rent-controlled property! Jonathan Taksa of The Taksa Investment Group, part of RE/MAX Commercial & Investment Realty, is 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.
P R I M E L O C A T I O N
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.
P R O P E R T Y F E A T U R E S
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.
Property Facts
| Price | $3,966,150 CAD | Building Class | C |
| Price Per Unit | $1,322,050 CAD | Lot Size | 0.05 AC |
| Sale Type | Investment | Building Size | 4,098 SF |
| Cap Rate | 5.82% | Average Occupancy | 33% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1999 |
| Property Subtype | Apartment | Parking Ratio | 1.46/1,000 SF |
| Zoning | C4, Santa Monica - Mixed Use | ||
| Price | $3,966,150 CAD |
| Price Per Unit | $1,322,050 CAD |
| Sale Type | Investment |
| Cap Rate | 5.82% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 4,098 SF |
| Average Occupancy | 33% |
| No. Stories | 3 |
| Year Built | 1999 |
| Parking Ratio | 1.46/1,000 SF |
| Zoning | C4, Santa Monica - Mixed Use |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1.5 | 1 | - | 1,247 |
| 2+2 | 2 | - | 1,349 - 1,502 |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 4275-004-015 | Improvements Assessment | $656,178 CAD |
| Land Assessment | $1,968,542 CAD | Total Assessment | $2,624,720 CAD |
Property Taxes
Parcel Number
4275-004-015
Land Assessment
$1,968,542 CAD
Improvements Assessment
$656,178 CAD
Total Assessment
$2,624,720 CAD
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Resi Mixed Use / No Rent Control! | 1411-1413 Cloverfield Blvd
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