2223 Clyde Avenue, Los Angeles, CA 90016
Local realty services provided by:ERA Excel Realty
2223 Clyde Avenue,Los Angeles, CA 90016
$2,425,000
- - Beds
- - Baths
- 4,739 sq. ft.
- Multi-family
- Active
Listed by: martin fish
Office: citivest realty services, inc714-553-2001
MLS#:PW26109831
Source:CRMLS
Price summary
- Price:$2,425,000
- Price per sq. ft.:$511.71
About this home
7-UNIT MULTIFAMILY ASSET FULLY LEASED! | MID-CITY| 5.79% 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 is 100% leased at market rents, offering investors immediate, stabilized cash flow at an attractive 5.79% 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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Home facts
- Year built:1939
- Listing ID #:PW26109831
- Added:82 day(s) ago
- Updated:August 11, 2026 at 11:09 AM
Rooms and interior
- Flooring:Laminate
- Kitchen Description:Dishwasher, Gas Oven, Gas Range, Range Hood, Refrigerator
- Living area:4,739 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall Window Units
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Asphalt
- Year built:1939
- Building area:4,739 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Front Yard, Landscaped, Paved
- Exterior Features:Lighting
- Foundation Description:Slab
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,425,000
- Price per sq. ft.:$511.71
Features and amenities
- Appliances:Dishwasher, Dryer, Washer
- Laundry features:Dryer, Inside, Stacked, Washer
- Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans, Koi Pond, Recessed Lighting
Parking
- Total parking spaces:2
- Parking description:2 Carport Space(s), Assigned, Attached Carport
- Carport spaces:2
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