Address
2414 Clyde Avenue Los Angeles, CA
Price
$ 1,435,000
Property Attributes
  • MLS#21705820
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90016
  • Style
  • Price$ 1,435,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size4,734 SqFt
Listing Provided Courtesy Of:
Jonathan Rawson with DCDH Investments, Inc..
Data Source:
CRMLS
Property Description

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.

Price History
3/15/2021 Listed $1,435,000

General Features

Cooling Central Air
Heating Central
Listing Agent Jonathan Rawson - BRE#02010400
Listing Agent State License 02010400
MLS Area C16 - Mid Los Angeles
Parking Features Assigned
Property Type Residential Income
Special Listing Conditions Standard
Total Units 4
Zoning LAR3

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Acres 0.1
Lot Size Area 4734
Lot Size Square Feet 4734
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90016

Price
AVG $1.09M
$1.44M
Visits
AVG 23
54
Year Built
AVG 1947
1964
Walkscore
AVG 70
61
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover