1423 Cloverfield Blvd, Santa Monica, CA 90404

Triplex in Prime Santa Monica | Perfect Owner-User Property

Download Offering Memorandum

$2,200,000

Property Highlights

Extensively rehabbed triplex in prime Santa Monica
Larger unit downstairs opens to serene backyard
Both upstairs 1+1 units have all new stainless steel appliances, washer/dryer and A/C
2,459 total SqFt on 2,896 SF lot
Perfect owner-user or investor opportunity
Two single car garages and one gated parking space behind the building
ADU drawings available to convert garages into 300 SqFt attached unit
Prime location in close proximity to Schader Park, Bay Club Gym, Whole Foods, LA Metro, etc.

The Opportunity

The Glaser Group is pleased to present 1423 Cloverfield Ave, a majorly renovated triplex located in the Mid City neighborhood in prime Santa Monica. This turnkey triplex features three large 1-bed / 1-bath units, including a downstairs 1-bed unit that opens up to a serene and private backyard. The dining area of the downstairs unit can also be easily converted into a temporary 2nd bedroom. All of the units have newer stainless-steel appliances, washer/dryer and air conditioning. The units are also all individually metered for all utilities, including gas, water & electric. There are (2) single-car garages plus one gated parking spot behind the building.

There is also strong potential to convert the garages into an attached ~300 SF ADU (Buyer to verify with City of Santa Monica). The property is in close proximity to Schader Park, the Santa Monica Water Garden Park, Bay Club Gym, the LA Metro (26th/Bergamot Station), Ralphs and Whole Foods Market, restaurants, coffee shops, CVS, and more. Photos of the downstairs unit and one upstairs unit are provided.