1752-1756 Cloverfield Blvd
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1752-1756 Cloverfield Blvd
15,750 SF Flex Building Santa Monica, CA 90404 $13,800,000 ($876/SF) 5.82% Cap Rate
Investment Highlights
- Tremendous amount of space occupied by Technology and Entertainment companies within the immediate area.
- Never on the market for sale.
- Built and owned by the same family since 1958.
Executive Summary
Premier investment opportunity in Santa Monica. The property is located on one of Santa Monica's main thoroughfares with direct access to the 10 Freeway to the South as well as Olympic Boulevard to the North. Current tenant is TAE Life Sciences/ US LLC that is on a NNN lease through 6/28/2028.
Property Facts
Amenities
- Bio-Tech/ Lab Space
Utilities
- Heating
Walk Score ®
Very Walkable (85)
Bike Score ®
Biker's Paradise (99)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $712,216 | |
Land Assessment | $530,421 | Total Assessment | $1,242,637 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$530,421
Improvements Assessment
$712,216
Total Assessment
$1,242,637
zoning
Zoning Code | LMSD |
LMSD |
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1752-1756 Cloverfield Blvd
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