Multi-family report

2428 Clifford St

6 bd · 3 ba · 3 stories · 2,900 sqft · RM1 · built 2024

Investor / LLC · assessed $675K · 3 licensed units · sold 2×. On the 2400 block of Clifford St.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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Street view of 2428 Clifford St
From the street — imagery © Google
From above — imagery © Esri, Maxar

What stands out

From the public record

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagRecent transition activity

The property has an unusually active paper trail worth monitoring for the next permit, inspection, deed, or listing.

Evidence: 4 permit events since 2023 · 1 zoning/board appeal since 2023

Limit: Record activity alone does not establish that a sale or redevelopment is planned.

Dated record flagAssessment/permit mismatch

The assessment jumped 1207% in 2025, but no matching permit appears in the property timeline.

Evidence: assessment moved from $59,700 to $780,100 · no permit shown in 2024-2026

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

The current tax estimate is temporary

The taxable assessment implies about $4,094/yr under a 10-year abatement. The estimate steps up every year and reaches about $9,447/yr in 2035 — $5,353/yr more. Underwrite the post-abatement estimate and verify the actual bill with Revenue.

If you’re the landlord

Licensed rental — keep it that way

Renewal requires city tax clearance and zero open L&I violations on the property. A lapsed license suspends the right to collect rent or evict.

Derived from this house's public records and the city's rules as of 2026 (abatement ordinance, Homestead, rental licensing, lead certification, L&I process, excavation protections). Informational only — not legal, tax, or investment advice.

Who's behind it

Kayla Property Group LLC · corporate / LLC owner

• Owns 4 properties across Philadelphia under this name, assessed at $1.6M combined
• Tax bills mail to 415-C Welsh Rd, Philadelphia PA, 19115
• Holds an active rental license for this address

The investment read

How this building has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.

Assessed value
$675K
built 2024
Price / sq ft
$233
block $127 · above block
Appreciation
+1834%
+31%/yr, city 6.5%
In 5 years (~2031)
~$685K
+31%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax / yr
$4K
0.61% effective, abated
Jun 2022 tax snapshot
Gross yield
1.5%
≈$845/mo rent
Times sold
2
licensed rental

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$500K$1.0M2022: Minor Demolition 2022: New construction, addition, GFA change 2022: New Construction 2022: Demolished 2022: New Construction2023: New Construction or Additions 2023: New Construction 2023: New Construction 2023: New Construction or Additions2024: L&I violation 2024: L&I: 1 failed, 1 passed2025: Appeal filed$675K201620222027
This houseBlock median & rangeTeardownL&I violationZoningPermit

The paper trail

demolished in 2022 and rebuilt (2022).

  1. 2022 Minor DemolitionPermitNew construction, addition, GFA changePermitNew ConstructionPermitDemolishedTeardownNew ConstructionPermit
  2. 2023 New Construction or AdditionsPermitNew ConstructionPermitNew ConstructionPermitNew Construction or AdditionsPermit
  3. 2024 L&I violationL&IL&I: 1 failed, 1 passedL&I visit
  4. 2025 Appeal filedZoning

Flags: tax-abated — the bill lags real value · active rental license · 1 zoning/board appeal on record. Informational only — not investment advice or a consumer report (FCRA).

The abatement clock

This house’s taxable assessment implies about $4,094/yr under a 10-year tax abatement that steps down every year. In 2035 the assessment-based estimate reaches ~$9,447/yr — a step up of $5,353/yr, 8 assessment years out. Drag the slider.

2016: ~$489/yr2017: ~$489/yr2018: ~$489/yr2019: ~$657/yr2020: ~$679/yr2021: ~$679/yr2022: ~$679/yr2023: ~$836/yr2024: ~$836/yr2025: ~$2,985/yr2026: ~$3,858/yr2027: ~$4,094/yr2028: ~$4,763/yr (projected)2029: ~$5,432/yr (projected)2030: ~$6,101/yr (projected)2031: ~$6,771/yr (projected)2032: ~$7,440/yr (projected)2033: ~$8,109/yr (projected)2034: ~$8,778/yr (projected)2035: ~$9,447/yr (projected)2036: ~$9,447/yr (projected)201620352036
2027~$4,094/yrestimated from assessment

now: ($674,900 assessed − $382,430 abated) × 1.3998% ≈ $4,094/yr 2035: $674,900 assessed × 1.3998% ≈ $9,447/yr The abated slice shrinks ~10% a year (post-2022 program, started 2025) — reassessments move both lines. After expiry an owner-occupant can claim the Homestead Exemption (~$1,400/yr off); an abated home can't hold both.

The house, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Bedrooms
6
Bathrooms
3
Stories
3
Interior
2,900 sqft
livable area
Lot
1,240 sqft
Basement
Full, finished
city code A
Heat
Forced hot air
city code A
Central air
Yes
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
C+
assessor's grade
Zoning
RM1
city zoning code
Zoning appeals
1
on record

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 2428 Clifford St takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at 3 licensed units × ~85% of the area's median unit rent — the whole building's income, not one unit's. Assessed value is not an asking price — set the price slider to the real one.

$675K
20%
6.875%
$2K/mo

When this house last sold (2017) a 30-year mortgage ran about 3.99% — Freddie Mac's average that year.

Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $2,100/yr insurance, 1% of price/yr maintenance; taxes from this parcel's record (with the abatement toggle above).

Block context

2428 Clifford St sits on the 2400 block of Clifford St. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 2426 Clifford St  ·  2430 Clifford St

Where this comes from

Methodology & freshness

Available City datasets are queried from OpenDataPhilly (phl.carto.com), then reports are cached and refreshed on a rolling schedule. Source dates vary: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. Other dossiers re-pull on view once stale, and citywide benchmarks recompute weekly. AI-written passages are generated from these records only and rejected if they state a number the record doesn't hold.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)