NOT LISTED FOR SALE

2205 1/2 Clyde Ave Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $1,228,000 - $1,884,000

5 Beds
5 Baths
3,600 Sq Ft
$423/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $1,000,000 $278 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $9,495/month

76 Days on Market

Highlights

  • Covered Patio or Porch
  • Central Air
  • Ceiling Fan
  • Living Room Balcony

About This Home

As of June 2017

Incredible opportunity to own a 4 unit income property in desirable Culver City, West LA neighborhood on desirable street w/great pride of ownership and appealing homes. Remodeled newer 2 story owner's unit in back of with gourmet kitchen and living room balcony and private outdoor covered retreat. 3 other units feature great long term tenants, each unit has good curb appeal. Feels like an island retreat. Keep as is or remodel and build more units on property. See neighboring property. Great opportunity to buy and value add for more equity. Owner's unit added in 2001.

Last Agent to Sell the Property

Yvette Jordan

eXp Realty of California Inc License #01989758 Listed on: 02/09/2017

eXp Realty of California Inc

Co-Listed By

Sierus Erdelyi

TruLine Realty License #01870547

Last Buyer's Agent

Scott Rosenberg

Kidder Mathews of California, Inc License #01456686

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,713

Year Built

  • Built in 1947

Lot Details

  • 6,997 Sq Ft Lot

Home Design

  • Fixer Upper

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Driveway
  • RV Potential

Outdoor Features

  • Living Room Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5064-022-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,713

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3600
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1947
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 305.28

Exterior Features

  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Patio: Balcony, Covered Porch, Living Room Balcony, Porch - Front
  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 8
  • Parking Garage: Driveway, RV Possible
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central, Wall Unit(s), Wall/Window, Window Unit(s)
  • Heating: Wall
  • Sewer: In Street Paid

Lot Info

  • Assessed Improvement Value: 199720
  • Assessed Land Value: 538144
  • Assessor Parcel Number: 5064-022-015
  • Geocode Override: No
  • Lot Size Area: 6997

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.64
  • Number Of Units: 4
  • Total Annual Expense: 5000
  • Type Of Units: Income
  • Vacancy Rate: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Zacharias Simone E and Zacharias Alex
Bought by
Alex And Simone Zacharias Trust and Zacharias
Current Estimated Value
$1,524,299

Purchase Details

Closed on
Jun 15, 2019
Sold by
Coriaty Joseph and Fredal Ann Marie
Bought by
Cordal Properties Llc

Purchase Details

Listed on
Feb 9, 2017
Closed on
Jun 9, 2017
Sold by
Mendez Manuel J
Bought by
Coriaty Joseph and Fredal Ann Marie
Seller's Agent
Yvette Jordan
eXp Realty of California Inc
Buyer's Agent
Scott Rosenberg
Kidder Mathews of California, Inc
List Price
$1,199,000
Sold Price
$1,000,000
Premium/Discount to List
-$199,000
-16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%
Original Mortgage
$700,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 10, 2007
Sold by
Deoca Nuris I Montes and Rivas Oscar
Bought by
Mendez Manuel J

Purchase Details

Closed on
May 17, 2007
Sold by
Mendez Manuel J and Mendez Mindre Rafaela
Bought by
Deoca Nuris I Montes

Purchase Details

Closed on
Mar 22, 1999
Sold by
Mendez Manuel J and Deoca Nuris I Montes
Bought by
Mendez Manuel J

Purchase Details

Closed on
Apr 22, 1998
Sold by
Mendez Mindre R
Bought by
Mendez Manuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,304
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 1998
Sold by
Hatchie Family Trust Hatchie James K And Hele
Bought by
Mendez Manuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,304
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alex And Simone Zacharias Trust -- None Listed On Document
Cordal Properties Llc -- None Available
Coriaty Joseph $1,000,000 Provident Title Company
Mendez Manuel J -- None Available
Deoca Nuris I Montes -- None Available
Mendez Manuel J -- --
Mendez Manuel J -- Fidelity National Title Co
Aragon Martinez Melesio -- Fidelity National Title Co
Mendez Manuel J $170,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coriaty Joseph $700,000
Previous Owner Mendez Manuel J $166,304
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2017 06/28/17 Sold $1,000,000 -9.0% $278 / Sq Ft
03/29/2017 03/29/17 Price Changed $1,099,000 -8.3% $305 / Sq Ft
02/09/2017 02/09/17 For Sale $1,199,000 -- $333 / Sq Ft
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 $17,713 $1,445,045 $1,136,553 $308,492
2024 $17,526 $1,416,712 $1,114,268 $302,444
2023 $17,192 $1,388,934 $1,092,420 $296,514
2022 $16,402 $1,361,700 $1,071,000 $290,700
2021 $13,106 $1,072,200 $814,873 $257,327
2020 $13,237 $1,061,207 $806,518 $254,689
2019 $12,719 $1,040,400 $790,704 $249,696
2018 $12,604 $1,020,000 $775,200 $244,800
2016 $9,070 $737,864 $538,144 $199,720
2015 $8,940 $726,782 $530,061 $196,721
2014 $8,991 $712,546 $519,678 $192,868
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2017

    Yvette Jordan

    eXp Realty of California Inc

    Section Image
  • Sierus Erdelyi

    Seller Co-Listing Agent in 2017

    Sierus Erdelyi

    TruLine Realty

    (818) 488-0807

    8 in this area

    161 Total Sales

    Sierus Erdelyi
    Section Image

  • S

    Buyer's Agent in 2017

    Scott Rosenberg

    Kidder Mathews of California, Inc

See All Agents

Map

Source: The MLS

MLS Number: 17-201058

The MLS

APN: 5064-022-015

California Los Angeles County Los Angeles 90016 Mid-City

2205 1/2 Clyde Ave, Los Angeles, CA

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