Property listed by Lyon Stahl Investment Real Estate, Inc., Jake Glaser 310-425-9838
$1,800,000
Unit A to be Delivered VACANT... 1423 Cloverfield Ave is 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… Read More area of the downstairs unit can also be easily converted into a temporary 2nd bedroom. One of the upstairs 1-bedroom units will be delivered VACANT, providing the perfect owner-user opportunity. 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 a 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. Read Less
Listing Snapshot
Days Online
66
Last Updated
Property Type
Other
Beds
3
Square Ft.
2,459
Lot Size
0.07 Acres
Year Built
1948
MLS Number
25510725
30 Days Snapshot Of 90404
$1.29M
-8%
(avg) sold price
8
+100%
homes sold
70
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1948, Building area total: 2,459, Levels: MultiSplit, Living area: 2459, 1 building
Heating
Central
Income
Gross income: $110,280, Net operating income: $74,700
Lot
0.0665 acres, 2,896 square feet, Size: 2,896
Parking
2 totals parking, Covered
Property
Zoning: SMR2*
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Based on information from California Regional Multiple Listing Service, Inc. as of 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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