NOT LISTED FOR SALE

2205 Clyde Ave Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $1,209,000 - $1,875,000

5 Beds
5 Baths
3,599 Sq Ft
$423/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $1,335,000 $371 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,495/month

72 Days on Market

Highlights

  • Air Conditioning
  • Ceiling Fan
  • Garden Home

About This Home

As of June 2021

"Adams Arts 4", is a 4 unit apartment community located near the trending West Adams / Culver Arts District.Stylish and chic, "Adams Arts 4" has many upgrades and is well maintained. 3 units are 1 bed + 1 bath and the rear unit upstairs is a large 2 + 2. All but the front unit has been recently renovated making for excellent upside opportunity with the final turnover. Additionally, the garages are large and present an easy build opportunity for a 5th ADU unit. With pricing set at compelling economic metrics, this property should be an easy deal to buy, an easy deal to own, and an easy deal to win with!

Last Agent to Sell the Property

Scott Rosenberg

Kidder Mathews of California, Inc. License #01456686 Listed on: 02/17/2021

Co-Listed By

Casey Lins

Kidder Mathews of California, Inc. License #01902650

Last Buyer's Agent

Afshin Eskandari

License #01803613

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,713

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 6,997 Sq Ft Lot

Home Design

  • Garden Home

Interior Spaces

  • 3,599 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Rent Control

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 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Garden Home
  • Street Number Display: Yes
  • Alley: No
  • Building Permit: Yes
  • Living Area: 3599
  • Lot Acreage: 0.1606
  • Price Per Unit: 325000.00
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Freezer, Ice Maker, Microwave, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 375.10

Exterior Features

  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Parking Garage: Garage - 3 Car, Driveway
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 27.07
  • Assessed Improvement Value: 203714
  • Assessed Land Percent: 72.93
  • Assessed Land Value: 548906
  • Total Assessed Value: 752620
  • Assessor Parcel Number: 5064-022-015
  • Lot Description: 2-4 Lots
  • Lot Size Area: 6997

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.89
  • Number Of Units: 4
  • Rent Control: 75
  • Type Of Units: Residential

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

Closed on
Jun 9, 2017
Sold by
Mendez Manuel J
Bought by
Coriaty Joseph and Fredal Ann Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
06/01/2021 06/01/21 Sold $1,335,000 -1.1% $371 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $1,350,000 0.0% $375 / Sq Ft
04/08/2021 04/08/21 For Sale $1,350,000 +3.8% $375 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $1,300,000 -- $361 / 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

  • Scott Rosenberg

    Seller's Agent in 2021

    Scott Rosenberg

    Kidder Mathews of California, Inc.

    4 in this area

    19 Total Sales

    Scott Rosenberg
    Section Image
  • Casey Lins

    Seller Co-Listing Agent in 2021

    Casey Lins

    Kidder Mathews of California, Inc.

    (714) 333-6768

    5 in this area

    52 Total Sales

    Casey Lins
    Section Image

  • A

    Buyer's Agent in 2021

    Afshin Eskandari

See All Agents

Map

Source: The MLS

MLS Number: 21-694058

The MLS

APN: 5064-022-015

California Los Angeles County Los Angeles 90016 Mid-City

2205 Clyde Ave, Los Angeles, CA

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