About Santa Monica

Unclaimed Property in Santa Monica

Santa Monica's substantial unclaimed property total reflects its history as both an entertainment industry hub and tech corridor, with many employees leaving behind forgotten accounts when production companies relocated or startups were acquired. The Walt Disney Company alone holds $447,600 in unclaimed property from Santa Monica, typical for the entertainment giant's former employees and contractors who may have moved after projects ended.

Gep Administrative Services, holding $407,700, represents the area's concentration of corporate service providers serving Silicon Beach companies. The high volume of dividend-related unclaimed property (25,758 records) likely stems from Santa Monica's affluent beach communities near the Santa Monica Pier and Third Street Promenade, where residents frequently invested in stocks but lost track of smaller holdings during relocations or estate transitions.

Common Questions

Frequently Asked Questions

How much unclaimed money is being held for Santa Monica residents?

Currently, $75.8 million in unclaimed property is being held across 355,004 records for Santa Monica residents and former residents. The average claim size is $219.08, though amounts range from small dividend payments to substantial corporate accounts. This represents only California state records, so the total including federal and other state unclaimed property could be significantly higher.

Which companies are holding the most unclaimed property from Santa Monica?

The top three holders are Anthem Inc with $893,400 (typically from uncashed insurance claim checks and premium refunds), The Walt Disney Company with $447,600 (usually payroll and contractor payments from entertainment projects), and Gep Administrative Services Inc with $407,700 (often from corporate account balances and administrative services).

What types of unclaimed property are most common in Santa Monica?

The most common types are credit balances and accounts receivable (31,534 records), wages and payroll (29,793 records), and dividends (25,758 records). Credit balances typically include overpayments and customer deposits, wages represent final paychecks or bonuses that were never claimed, and dividends are stock payments from companies where shareholders lost touch.

How long does it take to claim unclaimed property in California?

Most California unclaimed property claims are processed within 60-90 days after submitting required documentation. Smaller claims under $1,000 often process faster, while larger amounts may require additional verification. While our search provides instant results, the official claim process through the state takes time for proper verification.

Is there a deadline to claim unclaimed property in Santa Monica?

California holds unclaimed property indefinitely with no expiration date, but there are compelling reasons to search now. Interest-bearing accounts continue growing over time, but company mergers and name changes can make future claims more difficult to process. Additionally, inflation reduces the purchasing power of your money the longer it sits unclaimed.

$75.9M Waiting in Santa Monica

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Official CA State Controller Data
355K Santa Monica Records
8 Santa Monica ZIP Codes
1 in 4 Santa Monica Residents Have Claims