2405 Clyde, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 2 bath
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Los Angeles, California 90016
This Versatile Residential Asset offers a balanced entry into a high-growth corridor, listed at $998,000 in alignment with its $998,000 Fair Market Value. Currently maintaining a Condition Rating of 3, the home is move-in ready with an updated kitchen, stone countertops, and wood-style flooring. The property’s primary value-add potential lies in its LAR3 Zoning, which supports a 13-unit redevelopment or a multi-ADU strategy on a private cul-de-sac near Culver City. This is an ideal acquisition for Developers or Owner-Occupants seeking long-term appreciation through density expansion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2405 Clyde Subject | $998,000* List Price | 3 | 2 | 1,508 | $662 | - |
A 2144 Alsace Avenue Sold | $909,000 | 3 | 2 | 1,439 | $632 | 0.8 mi |
B 2215 Alsace Avenue Sold | $925,000 | 3 | 2 | 1,372 | $674 | 0.7 mi |
C 5353 Obama Sold | $1,206,000 | 3 | 2 | 1,453 | $830 | 0.9 mi |
D 2218 S Genesee Avenue Pending | $1,049,000 List Price | 3 | 3 | 1,300 | $807 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and appears well-maintained with several modern updates. Despite being built in 1930, the interior features updated wood-style flooring, recessed lighting, and window shutters. The kitchen has been updated with stone countertops and white cabinetry, and the bathrooms appear functional. While the listing highlights the land's redevelopment potential, the current structure is in good, habitable condition with minimal signs of wear.
The LAR3 zoning provides exceptional development flexibility, allowing for a multi-unit project of up to 13 affordable housing units or a strategic ADU expansion to maximize rental income.
Situated in a high-demand growth corridor adjacent to Culver City and at the end of a quiet cul-de-sac, the property offers a rare combination of privacy and proximity to Metro stations and major freeways.
With redevelopment plans already in progress, this property offers a significant head start for developers looking to capitalize on the area's sustained demand and long-term appreciation potential.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1930, the existing structure likely requires substantial modernization or complete demolition to realize the property's highest and best use as a modern residential asset.
At approximately 4,941 square feet, the lot size may present architectural and site-planning challenges when attempting to maximize density for a full-scale 13-unit redevelopment.
Opportunity for End User or Developer | LAR3 Zoning | Mid-City / Culver City Adjacent Acquire a strategically located LAR3-zoned parcel in one of Mid-City’s most in-demand growth corridors, directly adjacent to Culver City and situated at the end of a cul-de-sac, offering both privacy and strong redevelopment fundamentals. The property is conveniently located near Metro stations, dining, shopping, and major freeways. Currently a 3 bedroom and 2 bath home with strong growth and increasing demand, this area offers exceptional long-term appreciation potential. Value-add and redevelopment opportunities may include: ADU Strategy: Retain the existing structure and add one attached ADU and one detached ADU, maximizing rental income under current ADU regulations. Full Redevelopment: Demolish existing improvements and redevelop the site for up to 13 affordable housing units, utilizing low-cost, 3-story, on-grade construction. Plans are currently in progress, providing a head start for a qualified developer. The surrounding area continues to experience sustained demand, making this an ideal opportunity for long-term appreciation, density expansion, and value creation. ( Buyer and Buyer’s Agent to independently verify all information with the City and appropriate governing agencies, including but not limited to zoning, land use, permits, development potential, and allowable improvements.)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,508 | 1,404 | 57% |
| Lot Size | 4,941 | 5,419 | 27% |
| Price | $998.0K | $1.03M | 47% |
| Price per sq ft | $662 | $744 | 35% |
| Built year | 1930 | 1927 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 140 | 186 | 37% |
Dec 13, 2025
$998,000
Initial Listing
Nov 12, 2024
$760,000
Public Record
Nov 8, 2024
$760,000
Public Record
Sep 30, 2021
$926,000
Public Record