NOT LISTED FOR SALE

2414 Clyde Ave Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $1,116,000 - $1,724,000

8 Beds
5 Baths
2,928 Sq Ft
$479/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $1,500,000 $512 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,013/month

7 Days on Market

Highlights

  • Central Heating and Cooling System
  • Marvin Avenue Elementary School Rated 9+
  • 1-Story Property

About This Home

As of June 2021

Brand new 4plex in West Adams at 2414 Clyde Avenue, 90016. Originally built in 1964, all 4 units have been completely remodeled with brand new copper plumbing, HVAC, flooring, countertops, kitchens, bathrooms, washer & dryers, appliances, cabinets, etc. The exterior underwent a full rehab as well with a new roof, new asphalt/driveway, gated entry, drought-tolerant landscaping and exterior lighting. Electrical sub-panels are also new. Currently grossing $97,908 a year in rents, Buyer will be sitting on a 5% cap rate on day 1 of ownership. Each unit is on RUBS, which means tenants pay for all utilities and the Landlord only pays for exterior and common area utilities. Per the tenants leases, next year, the rents will jump from $97,908 to $105,240 and the cap rate will go from 5% to 5.50%. The subject property is located in a 1-1.5 mile radius from the Culver City Arts District, Kaiser Permanente West LA, the new Cumulus Development Project & the La Cienega/Jefferson Metro Station.

Last Agent to Sell the Property

Jonathan Rawson

Avenue Realty Group License #02010400 Listed on: 03/15/2021

Last Buyer's Agent

Elliot Kharkats

Propertycloud License #02117700

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 4,734

Interior Spaces

  • 2,928 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Assigned Parking

Additional Features

  • 4,734 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5063-022-057

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

4,734 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Drive by only. Do not disturb the tenants. Interior access with accepted offer only.
  • Living Area: 2928
  • Lot Acreage: 0.1087
  • Stories: 1
  • Year Built: 1964
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Laundry: In Unit
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 490.10

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Assigned
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 24.05
  • Assessed Improvement Value: 190000
  • Assessed Land Percent: 75.95
  • Assessed Land Value: 600000
  • Total Assessed Value: 790000
  • Assessor Parcel Number: 5063-022-057
  • Lot Size Area: 4734

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.66
  • Number Of Units: 4
  • Type Of Units: Apartment
  • Vacancy Allow Percent: 3.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 5, 2021
Sold by
2414 Clyde Llc
Bought by
Gray27 Llc
Seller's Agent
Jonathan Rawson
Avenue Realty Group
Buyer's Agent
Elliot Kharkats
Propertycloud
List Price
$1,435,000
Sold Price
$1,500,000
Premium/Discount to List
$65,000
4.53%
Current Estimated Value
$1,403,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$96,588
Avg. Annual Appreciation
-1.39%

Purchase Details

Listed on
Mar 15, 2021
Closed on
May 4, 2021
Sold by
2414 Clyde Llc
Bought by
Tennelle Wallace and Tennelle Yadira
Seller's Agent
Jonathan Rawson
Avenue Realty Group
Buyer's Agent
Elliot Kharkats
Propertycloud
List Price
$1,435,000
Sold Price
$1,500,000
Premium/Discount to List
$65,000
4.53%

Purchase Details

Closed on
Apr 5, 2021
Sold by
2414 Clyde Llc
Bought by
Wallace Tennelle And Yadira Tennelle Revocabl and Tennelle

Purchase Details

Listed on
Jun 1, 2019
Closed on
Jul 8, 2019
Sold by
Udeoji Christiana
Bought by
2414 Clyde Llc
Seller's Agent
Christopher Udeoji
Powerhouse Holdings Inc.
Buyer's Agent
Christopher Udeoji
Christopher Udeoji,Broker
List Price
$850,000
Sold Price
$790,000
Premium/Discount to List
-$60,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$705,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 2018
Sold by
Diaz Maria G
Bought by
Udeoji Christina

Purchase Details

Closed on
Dec 23, 2011
Sold by
Udeoji Christiana
Bought by
Diaz Maria G

Purchase Details

Closed on
Jul 18, 2005
Sold by
Udeoji Christina
Bought by
Udeoji Christiana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2001
Sold by
Udeoji Christopher A
Bought by
Udeoji Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
7.19%

Purchase Details

Closed on
Aug 6, 1999
Sold by
Rodriguez Amilcar and Rodriguez Maria H
Bought by
Udeoji Christiana and Udeoji Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,414
Interest Rate
7.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gray27 Llc -- Chicago Title
Tennelle Wallace $1,500,000 Chicago Title
Wallace Tennelle And Yadira Tennelle Revocabl $1,500,000 Chicago Title
Gray27 Llc -- Chicago Title
2414 Clyde Llc $790,000 Stewart Title Of Ca Inc
Udeoji Christina -- None Available
Diaz Maria G -- None Available
Udeoji Christiana -- New Century Title Company
Udeoji Christina -- First Southwestern Title Co
Udeoji Christiana $194,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2414 Clyde Llc $705,000
Previous Owner Udeoji Christiana $500,000
Previous Owner Udeoji Christina $203,200
Previous Owner Udeoji Christiana $192,414
Closed Udeoji Christina $38,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2021 06/21/21 Sold $1,500,000 +4.5% $512 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $1,435,000 +81.6% $490 / Sq Ft
09/05/2019 09/05/19 Sold $790,000 -7.1% $270 / Sq Ft View Prior Sale
08/09/2019 08/09/19 Pending -- -- --
08/07/2019 08/07/19 Price Changed $850,000 0.0% $290 / Sq Ft
08/07/2019 08/07/19 For Sale $850,000 -10.5% $290 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/10/2019 06/10/19 Price Changed $950,000 -13.6% $324 / Sq Ft
06/01/2019 06/01/19 For Sale $1,100,000 -- $376 / Sq Ft
Source: The MLS

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 $19,572 $1,623,646 $1,244,796 $378,850
2024 $19,572 $1,591,811 $1,220,389 $371,422
2023 $19,197 $1,560,600 $1,196,460 $364,140
2022 $18,309 $1,530,000 $1,173,000 $357,000
2021 $9,832 $798,184 $606,216 $191,968
2020 $9,929 $790,000 $600,000 $190,000
2019 $4,243 $323,172 $167,385 $155,787
2018 $4,136 $316,836 $164,103 $152,733
2016 $3,932 $304,535 $157,732 $146,803
2015 $3,878 $299,961 $155,363 $144,598
2014 $3,917 $294,086 $152,320 $141,766
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Rawson

    Seller's Agent in 2021

    Jonathan Rawson

    Avenue Realty Group

    (424) 293-1391

    3 in this area

    20 Total Sales

    Jonathan Rawson
    Section Image

  • E

    Buyer's Agent in 2021

    Elliot Kharkats

    Propertycloud

    (424) 356-5200

    1 in this area

    7 Total Sales

    Elliot Kharkats
    Section Image
  • James Suarez

    Buyer Co-Listing Agent in 2021

    James Suarez

    Real Broker

    (310) 902-1004

    3 in this area

    291 Total Sales

    James Suarez
    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    James Scott Suarez

  • C

    Seller's Agent in 2019

    Christopher Udeoji

    Powerhouse Holdings Inc.

    (310) 703-9395

    5 Total Sales

    Christopher Udeoji
    Section Image
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Map

Source: The MLS

MLS Number: 21-705820

The MLS

APN: 5063-022-057

California Los Angeles County Los Angeles 90016 Mid-City

2414 Clyde Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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