NOT LISTED FOR SALE

Estimated Value: $1,274,000 - $1,726,981

4 Beds
3 Baths
1,881 Sq Ft
$802/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $1,175,000 $625 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,495/month

31 Days on Market

Highlights

  • French Architecture
  • Shed
  • Ceiling Fan
  • Tankless Water Heater
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2020

The Cottages on Clyde. One of a kind, two on a lot. 1928 charming French Normandy style renovated front house with it's own beautifully lit private outdoor entertaining area with low maintenance plantings and lovely fountain. It has one large and two traditional bedrooms, spacious closets and 2 baths. There is a massive attic with tall ceiling for abundant storage. The rear house was constructed in 2013 and is secluded with its own lush courtyard replete with fruit trees, a fountain and an outdoor entertainment pavilion. Near the Jefferson Expo line rail station, these homes are an easy luxury rent. Future development opportunities are here as well with LARD2 zoning. Tier 2 TOC and the ability to also add an ADU to the mix. Photos online are prior to current tenants. Rear home rent is 4 years old and it is to be furnished vacant. Front home has great tenants in place for the past two years . Expenses are actual and sellers are licensed Realtors in the State of California.

Last Agent to Sell the Property

John Barrentine

Keller Williams Larchmont License #01207185 Listed on: 03/17/2020

Keller Williams Larchmont

Last Buyer's Agent

Ari Wintraub

Sotheby's International Realty License #01943483

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,473

Year Built

  • Built in 1928

Lot Details

  • 6,006

Home Design

  • French Architecture

Interior Spaces

  • 1,881 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Decorative Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Shed
  • 6,006 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5064-021-022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,473

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: French Normandy
  • Street Number Display: Yes
  • Advertising Remarks: The Cottages on Clyde. One of a kind, two on a lot. 1928 charming French Normandy style renovated front house with it's own beautifully lit private outdoor entertaining area with low maintenance plantings and lovely fountain. It has one large and two traditional bedrooms, spacious closets and 2 baths. There is a massive attic with tall ceiling for abundant storage. The rear house was constructed in 2013 and is secluded with its own lush courtyard replete with fruit trees, a fountain and an outdoor entertainment pavilion. Near the Jefferson Expo line rail station, these homes are an easy luxury rent. Future development opportunities are here as well with LARD2 zoning. Tier 2 TOC and the ability to also add an ADU to the mix. Photos online are prior to current tenants. Rear home rent is 4 years old and it is to be furnished vacant. Front home has great tenants in place for the past two years . Expenses are actual and sellers are licensed Realtors in the State of California.
  • Living Area: 1881
  • Stories: 1
  • Year Built: 1928
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Decorative
  • Appliances: Microwave
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Microwave, Propane Dryer Hookup, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 637.43

Exterior Features

  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway
  • Total Parking: 3

Utilities

  • Water Heater: Gas, Tankless, Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Water Expense: 1200.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 573.00
  • Maintenance Expense: 500.00
  • Other Expense: 200.00
  • Trash Expense: 300.00

Lot Info

  • Assessed Improvement Value: 184110
  • Assessed Land Value: 736440
  • Assessor Parcel Number: 5064-021-022
  • Geocode Override: No
  • Lot Size Area: 6006

Rental Info

  • Land Lease Type: Fee
  • Lease Per Month Year: Month
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.61
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 21281
  • Type Of Units: Detached
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 14988.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2020
Closed on
Apr 22, 2020
Sold by
Barrentine John M and Marquardt Charles F
Bought by
Gillman Gary Philip and Gillman Debbi Lynn
Seller's Agent
John Barrentine
Keller Williams Larchmont
Buyer's Agent
Ari Wintraub
Sotheby's International Realty
List Price
$1,199,000
Sold Price
$1,175,000
Premium/Discount to List
-$24,000
-2%
Current Estimated Value
$1,508,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,995
Avg. Annual Appreciation
4.82%
Original Mortgage
$653,000
Outstanding Balance
$579,914
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$929,081

Purchase Details

Listed on
Mar 22, 2016
Closed on
May 12, 2016
Sold by
Barrentine John and Marquardt Charles
Bought by
The Barrentine Marquardt Family Trust 20
Seller's Agent
John Barrentine
Keller Williams Larchmont
Buyer's Agent
John Barrentine
Keller Williams Larchmont
List Price
$949,000
Sold Price
$902,500
Premium/Discount to List
-$46,500
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%

Purchase Details

Listed on
Mar 22, 2016
Closed on
Mar 8, 2016
Sold by
Kilgore Joseph Dodge and Pearl Krissen Alexia
Bought by
Barrentine John and Marquardt Charles
Seller's Agent
John Barrentine
Keller Williams Larchmont
Buyer's Agent
John Barrentine
Keller Williams Larchmont
List Price
$949,000
Sold Price
$902,500
Premium/Discount to List
-$46,500
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2013
Closed on
Jun 14, 2013
Sold by
Sw Housing Solutions Llc
Bought by
Kilgore Joseph Dodge and Pearl Krissen Alexia
Seller's Agent
Jack Shanfeld
UPFRONT Real Estate
Buyer's Agent
Chuck Marquardt
Keller Williams Larchmont
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%
Original Mortgage
$506,250
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2012
Closed on
Nov 6, 2012
Sold by
Claypool Beverly
Bought by
Sw Housing Solutions Llc
Seller's Agent
Rachel Hsieh
Keller Williams Realty Los Feliz
Buyer's Agent
Jodi Barmash
Keller Williams Realty Los Feliz
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
302.97%

Purchase Details

Closed on
May 22, 2000
Sold by
Claypool Darla V
Bought by
Claypool Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
9.87%

Purchase Details

Closed on
Dec 14, 1998
Sold by
Claypool Michael C
Bought by
Claypool Michael C and Claypool Darla Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.91%

Purchase Details

Closed on
Jul 18, 1995
Sold by
First National Bank Of Chicago
Bought by
Claypool Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.83%

Purchase Details

Closed on
Aug 1, 1994
Sold by
Equitable Deed Company
Bought by
First National Bank Of Chicago
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gillman Gary Philip $1,175,000 Lawyers Title Company
The Barrentine Marquardt Family Trust 20 -- None Available
Barrentine John $902,500 Lawyers Title Co
Kilgore Joseph Dodge $675,000 Fidelity National Title
Sw Housing Solutions Llc $305,000 Fidelity National Title
Claypool Beverly -- South Coast Title
Claypool Michael C -- South Coast Title
Claypool Michael C $135,000 American Title Ins Co
First National Bank Of Chicago $39,030 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillman Gary Philip $653,000
Previous Owner Barrentine John M $715,000
Previous Owner Barrentine John $722,000
Previous Owner Kilgore Joseph Dodge $530,000
Previous Owner Kilgore Joseph Dodge $531,000
Previous Owner Kilgore Joseph Dodge $506,250
Previous Owner Claypool Beverly $197,000
Previous Owner Claypool Beverly $163,000
Previous Owner Claypool Beverly $136,000
Previous Owner Claypool Beverly $120,000
Previous Owner Claypool Michael C $110,000
Previous Owner Claypool Michael C $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $1,175,000 -2.0% $625 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $1,199,000 0.0% $637 / Sq Ft
04/10/2020 04/10/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $1,199,000 0.0% $637 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $1,199,000 0.0% $637 / Sq Ft
02/08/2018 02/08/18 Rented $4,200 0.0% --
02/04/2018 02/04/18 For Rent $4,200 0.0% --
04/04/2016 04/04/16 Sold $902,500 -4.9% $475 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $949,000 +40.6% $499 / Sq Ft
07/12/2013 07/12/13 Sold $675,000 +4.0% $292 / Sq Ft
06/08/2013 06/08/13 Pending -- -- --
06/08/2013 06/08/13 Price Changed $649,000 -7.2% $281 / Sq Ft
05/31/2013 05/31/13 For Sale $699,000 +129.2% $302 / Sq Ft
12/16/2012 12/16/12 Sold $305,000 +2.0% $251 / Sq Ft
10/30/2012 10/30/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $299,000 -2.0% $246 / Sq Ft
10/19/2012 10/19/12 Off Market $305,000 -- --
10/19/2012 10/19/12 For Sale $299,000 -2.0% $246 / Sq Ft
10/09/2012 10/09/12 Off Market $305,000 -- --
10/09/2012 10/09/12 For Sale $299,000 -2.0% $246 / Sq Ft
09/29/2012 09/29/12 Off Market $305,000 -- --
09/29/2012 09/29/12 For Sale $299,000 -2.0% $246 / Sq Ft
09/19/2012 09/19/12 Off Market $305,000 -- --
09/19/2012 09/19/12 For Sale $299,000 -2.0% $246 / Sq Ft
09/09/2012 09/09/12 Off Market $305,000 -- --
09/09/2012 09/09/12 For Sale $299,000 -2.0% $246 / Sq Ft
08/30/2012 08/30/12 Off Market $305,000 -- --
08/30/2012 08/30/12 For Sale $299,000 -2.0% $246 / Sq Ft
08/20/2012 08/20/12 Off Market $305,000 -- --
08/11/2012 08/11/12 For Sale $299,000 -2.0% $246 / Sq Ft
08/01/2012 08/01/12 Off Market $305,000 -- --
07/20/2012 07/20/12 For Sale $299,000 -- $246 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,473 $1,285,030 $771,018 $514,012
2024 $15,473 $1,259,834 $755,900 $503,934
2023 $15,176 $1,235,132 $741,079 $494,053
2022 $14,474 $1,210,915 $726,549 $484,366
2021 $14,295 $1,187,172 $712,303 $474,869
2020 $12,065 $976,891 $781,514 $195,377
2019 $11,588 $957,738 $766,191 $191,547
2018 $11,393 $938,960 $751,168 $187,792
2016 $8,429 $698,983 $528,846 $170,137
2015 $8,305 $688,485 $520,903 $167,582
2014 $8,352 $675,000 $510,700 $164,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-564700

The MLS

APN: 5064-021-022