Santa Monica unclaimed business money
Updated
The California State Controller holds about $7.3 million for 251 business-type owners with Santa Monica addresses whose open records total $10,000 or more each.
What the money is
The largest kinds of property held for Santa Monica business-type owners:
| Property type | Amount | What it usually is |
|---|---|---|
| Accounts payable | $856k | payments a company owed a supplier (accounts payable) that never got through, where the supplier is the owner |
| Checking accounts | $758k | balances left in checking accounts after the bank lost contact with the account holder |
| Insurance proceeds for beneficiaries | $619k | insurance proceeds payable to a named beneficiary, often a trust or a company |
| Credit balances on accounts receivable | $511k | credits on an account with a supplier: overpayments, duplicate payments and unapplied credits |
| Underlying shares | $353k | the shares themselves, not just their dividends, after the account went dormant |
The typical Santa Monica owner on this list is owed $17,424, below the statewide median of $18,087. 15% of the owners here are trusts or estates, which follow different claim rules from companies.
Claiming it
A Santa Monica business claims from the Controller like any California business: an authorized person signs the Controller's claim form in wet ink, in front of a notary for $1,000 or more in cash or for any securities, and the package includes proof of authority, the FEIN and the address the holder reported. With 46% of local owners holding more than one record, it pays to search every name and address the business has used.
We do this for 10% of what the state pays, charged only after payment. Check your business or read how it works.
Nearby cities
Source: California State Controller unclaimed property file, records of $500 and up, dated November 4, 2026. Open records only (no claim pending or paid), owner address in California, owner = name + ZIP code, business-type names only, government names removed, owners whose records total $10,000 or more. RecoverOwed computation; classifying owners by name pattern is approximate. No individual owner is named on this site. The headline count for Santa Monica comes from our first pass; the table and median come from a second pass with a slightly different name filter (257 owners, $7.3M).