2223 Clyde Avenue, Los Angeles, California image 1
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2223 Clyde Avenue

Los Angeles, CA 90016
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$2,375,000 $10,013/Mo
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Bed 10

Bed

Bath 8

Bath

SqFt6,339

Sqft(Lot)

7-UNIT MULTIFAMILY ASSET FULLY LEASED! | MID-CITY| 6.15% 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 6.15% 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 c ontinues 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,375,000

AD Id : 78976215

MLS Id : PW26109831

Beds : 10

Lot Size : 6,339 Sq. Ft

Year Built : 1939

County : Los Angeles

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Feature Features

  • Interior Features

    CeilingFans, RecessedLighting
    Roof: Asphalt
    Appliances: SixBurnerStove, Dishwasher, EnergyStarQualifiedAppliances, GasOven, GasRange, Refrigerator, RangeHood, Dryer, Washer
    Laundry Features: CommonArea, Inside, LaundryCloset, LaundryRoom, Stacked

  • Heating & Cooling

    Has Heating: Yes Heating: Central, EnergyStarQualifiedEquipment Has Cooling: Yes Cooling: CentralAir, EnergyStarQualifiedEquipment, WallWindowUnits

  • Building Information

    Year Built: 1939
    Building Area Total: 4739
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Exterior Features

    Exterior Features: Lighting

  • Lot Information

    Main Square Feet: 6339 Lot Size Acres: 0.1455 Lot Size Source: Assessor Lot Size Square Feet: 6,339 Lot Description: FrontYard,Landscaped,Paved,SprinklerSystem

  • Listing Price Information

    Listing Price: $2375000
    Original Price: $2640000
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  • Tax Information

    Parcel Number: 5064023003 Tax Lot: 18 Tax Block: 5

  • Utility Information

    ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected

  • Location Information

    Direction: North of Washington Bl., 2 blocks east of Fairfax WaterSource: Public Security Features: CarbonMonoxideDetectors,SmokeDetectors
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2129 Crenshaw Boulevard, Los Angeles, CA, 90016 $2,225,000 16 21 9,520 7,224 Sq. Ft
2241 Crenshaw Boulevard, Los Angeles, CA, 90016 $2,150,000 9 8 4,720 14,164 Sq. Ft
2413 S Victoria, Los Angeles, CA, 90016 $998,900 3 2 1,385 7,348 Sq. Ft
4530 W Washington Boule.., Los Angeles, CA, 90016 $1,299,000 6 4 2,454 6,420 Sq. Ft
3809 3811 1/2 W 30th St.., Los Angeles, CA, 90016 $1,180,000 6 4 5,213 5,251 Sq. Ft
2919 Somerset Drive, Los Angeles, CA, 90016 $1,148,000 3 2 1,049 5,040 Sq. Ft
2050 Claudina Avenue, Los Angeles, CA, 90016 $775,000 2 2 862 2,307 Sq. Ft
2636 Virginia Road, Los Angeles, CA, 90016 $3,250,000 16 -- 6,936 6,550 Sq. Ft
4014 W 30th Street, Los Angeles, CA, 90016 $799,999 2 1 908 4,990 Sq. Ft
2045 Claudina Avenue, Los Angeles, CA, 90016 $790,000 4 2 1,588 2,795 Sq. Ft

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/18/2026 @ 09:08

MLS: PW26109831 LISTED BY: Martin Fish, Citivest Realty Services, Inc 714-553-2001 SOURCE: CRMLS

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