2223 Clyde AvenueLos Angeles, CA 90016

Multi-Family · 4,739 Sq. ft. | 0.15 Acres
$2,640,000 Active

2223 Clyde Avenue Overview

Time on Site:
40 days
Visits:
0

7-UNIT STABILIZED MULTIFAMILY ASSET | MID-CITY| 6.25% CAP RATE FULLY RENOVATED + NEW CONSTRUCTION ADUS We are pleased to present this exceptional 7-unit multifamily investment opportunity, thoughtfully repositioned with a complete renovation and the addition of two newly constructed ADU units. The property will be delivered 100% leased at market rents, offering investors immediate, stabilized cash flow at an attractive 6% cap rate. Located in the heart of Mid-City, between Picfair Village and the thriving Culver Arts District, the property benefits from proximity to major employment and lifestyle hubs including Culver City Art’s District, Ivy Station, and the Culver Steps—home to industry leaders such as Amazon Studios, Sony Pictures, HBO, and Beats Electronics. This dynamic growth corridor continues to attract high-income tenants, driving strong rental demand and consistent rent growth. The unit mix includes a fully renovated single-family style residence, four extensively upgraded 1-bedroom/1-bath units, and a brand-new duplex ADUs—creating a highly desirable blend of housing options that appeal to a wide tenant base. All units feature modern finishes, updated systems, and efficient layouts designed to maximize rental income and minimize ongoing maintenance. This is a rare opportunity to acquire a turnkey, low-maintenance asset in one of Los Angeles’ most rapidly evolving and high-demand rental submarkets. The property features drought tolerant landscaping, parking, as well as energy efficient building materials, appliances and fixtures presenting the buyer with a low maintenance, environmentally friendly property.

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2223 Clyde Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,739
  • Price/Sq.ft. $557
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Green Features

  • Green Energy Efficient: Lighting,Appliances
  • Green Sustainability: Renewable Materials

Income/Expenses

  • Electric Expense: 4416.0
  • Gross Scheduled Income: 208236.0
  • Insurance Expense: 10521.0
  • Maintenance Expense: 4200.0
  • Net Operating Income: 164947.0
  • New Taxes Expense: 9134.0
  • Operating Expense: 38350.0

Building Information

  • New Construction: Yes
  • Year Built: 1939

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C16 - Mid Los Angeles
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas,Trash Collection

General Information

  • Listing Terms: Submit
  • Parcel Number: 5064023003
  • Property Condition: Updated/Remodeled,Turnkey
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 4739.0
  • Building Area Units: Square Feet

General Information

  • Accessibility Features: None
  • Appliances: 6 Burner Stove,Dishwasher,ENERGY STAR Qualified Appliances,Gas Oven,Gas Range,Refrigerator,Range Hood,Dryer,Washer
  • Common Walls: 2+ Common Walls
  • Door Features: ENERGY STAR Qualified Doors
  • Electric: Electricity - On Property,Standard
  • Entry Level: 1
  • Entry Location: Ground floor
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Foundation Details: Slab
  • Interior Features: Ceiling Fan(s),Recessed Lighting
  • Laundry Features: Common Area,Inside,Laundry Closet,Laundry Room,Stacked
  • Levels: One,Two
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Attached Carport,Assigned
  • Parking Total: 2.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Front Yard,Landscaped,Paved,Sprinkler System
  • Lot Size Acres: 0.1455
  • Lot Size Area: 6339.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6339.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Road Surface Type: Paved
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes
  • Roof: Asphalt

General Information

  • Carport Spaces: 2.0
  • Carport: Yes
  • Exterior Features: Lighting
  • Fencing: Block,Good Condition,Wood
  • Number Of Units Leased: 6
  • Number Of Units Total: 7
  • Pool Features: None
  • Pool Private: No
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

2223 Clyde Avenue Neighborhood

Community

90016 (Los Angeles) Demographics

35
Median Age
12,765
Population Density (per sq. mile)
33%
College Educated
$49,958
Estimated Median Income
6,180
Estimated Total Home Owners
11,342
Estimated Total Renters
35% / 65%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2223 Clyde Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2223 Clyde Avenue Market Data

Based on the last 30 days in this zip code

$949,295
Average List Price
$715
Average Price per Square Foot
25
Properties Sold
81
Average Days on Market
273
Properties for Sale
Calculations provided by Reliance Network

2223 Clyde Avenue History

Date Event Value Agent
5/20/2026Source: CRMLS Added to Database
May 20, 2026
9/14/2022Source: CRMLS Added to Database
September 14, 2022
6/24/2022Source: TheMLS (CLAW) Added to Database
June 24, 2022
Listing provided courtesy of Citivest Realty Services, IncMartin Fish- MLS# PW26109831MLS ProviderContact Information: [email protected] - 714-553-2001
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