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.
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
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
2223 Clyde Avenue Market Data
Based on the last 30 days in this zip code
2223 Clyde Avenue History
| Date | Value | Agent |
|---|---|---|
| 5/20/2026Source: CRMLS | May 20, 2026 |
|
| 9/14/2022Source: CRMLS | September 14, 2022 |
|
| 6/24/2022Source: TheMLS (CLAW) | June 24, 2022 |
Contact Information: [email protected] - 714-553-2001