2205 Clyde Ave, Los Angeles, CA 90016
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2205 Clyde Ave Los Angeles, CA 90016

$1,335,000 Sold Price as of 06/01/2021
  • 5 Beds
  • 5 Baths
  • 3,599 Sq.Ft.
Sold
$1,335,000 Sold Price as of 06/01/2021 Refinance Your Mortgage

Map preview of 2205 Clyde Ave, Los Angeles, CA 90016

Property Overview: 2205 Clyde Ave Los Angeles, CA has 5 bedrooms, 5 bathrooms, 3,599 living square feet and 6,997 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: "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!

Listed by Scott Rosenberg | BRE #01456686 | RE/MAX ESTATE PROPERTIES
Co-listed by Casey Lins | BRE #01902650 | RE/MAX ESTATE PROPERTIES
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
6,997
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21694058
City
Los Angeles
County
Los Angeles
Time on Site
1175 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $675
  • Total Rent: $675
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,875
  • Total Rent: $1,875
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,675
  • Total Rent: $2,675
  • Pro Forma/Market Rent: $2,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.89
  • Gross Scheduled Income: --
  • Net Operating Income: $58,541
  • Gross Operating Income: $84,681
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2205 Clyde Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Three Door, Driveway
Property Information
  • Total # of Units: 4
  • Parcel Number: 5064022015
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: 2205 Clyde Ave, Los Angeles, CA 90016
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Sale History for 2205 Clyde Ave

Last sold for $1,335,000 on June 1st, 2021
  • June, 2021

  • Jun 3, 2021

    Date

    Sold

    CRMLS: 21694058

    $1,335,000

    Price

  • May 4, 2021

    Date

    Pending

    CRMLS: 21694058

    $1,350,000

    Price

  • Apr 9, 2021

    Date

    Price Change

    CRMLS: 21694058

    $1,350,000

    Price

  • Mar 22, 2021

    Date

    Active Under Contract

    CRMLS: 21694058

    $1,300,000

    Price

  • Feb 18, 2021

    Date

    Active

    CRMLS: 21694058

    $1,300,000

    Price

  • August, 2019

  • Aug 6, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2017

  • Jun 28, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

Show More

Tax History for 2205 Clyde Ave

Assessed Value (2020): $1,061,207
Year Land Value Improved Value Assessed Value
2020 $806,518 $254,689 $1,061,207

Home Value Compared to the Market

This property vs the competition

2205 Clyde Ave sold on June 1, 2021 for 13.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $375.1 per/sqft which puts the price per square foot 50.32% lower than the current median sale per square foot for the city of Los Angeles.

About 2205 Clyde Ave

Detailed summary of property

2205 Clyde Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 3,599 living square feet, and sits on an approximately 6,997 square foot lot. 2205 Clyde Ave was first listed on ArdentRealEstateGroup.com on February 18, 2021. The homeowner sold the property for $1,335,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 13.45% higher than the current median priced home. Local homes that are currently for sale include 6064 Horner St, 1363 Hauser Blvd and 1814 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 94 days, 2205 Clyde Ave has a days on market of 72 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2205 Clyde Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2205 Clyde Ave

Public county record property details
Beds
5
Baths
5
Year built
1947
Sq. Ft.
2,973
Lot Size
6,997
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5064-022-015

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$781
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
73
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.