Active

2223 Clyde Avenue

Los Angeles, CA 90016
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt4,739

Sqft

SqFt6,339

Sqft(Lot)

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 corr idor 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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Detail Ic Property Details

Property Type : Residential Income

Price : $2,640,000

AD Id : 78976215

MLS Id : PW26109831

Lot Size : 6,339 Sqft

Living Area Size : 4,739

Year Built : 1939

County : Los Angeles

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Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Asphalt Exterior Property Features: Lighting Interior Features: Ceiling Fan(s),Recessed Lighting Property Appliances: 6 Burner Stove,Dishwasher,ENERGY STAR Qualified Appliances,Gas Oven,Gas Range,Refrigerator,Range Hood,Dryer,Washer Fireplace: None Flooring: Laminate
  • Cooling Features

    Central Air,ENERGY STAR Qualified Equipment,Wall/Window Unit(s) Air Conditioning

    Heating Source

    Central,ENERGY STAR Qualified Equipment Has Heating

    Energy

    Green Energy: Lighting,Appliances

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1939 Building Area Total: 4,739 Roof: Asphalt
  • Exterior Features

    Lighting

    Foundation

    Slab

    Security Features

    Carbon Monoxide Detector(s),Smoke Detector(s)
  • Accessibility Features

    None

    Pool Features

    None

    Laundry Features

    Common Area,Inside,Laundry Closet,Laundry Room,Stacked

    Fencing

    Block,Good Condition,Wood

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1455
  • Lot Size Source: Assessor Lot Size Square Feet: 6339

  • Listing Price Information

    Original List Price: 2,640,000 Listing Contract Date: 2026-05-20
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5064023003

  • Garage and Parking

    Garage Description: Attached Carport,Assigned

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas,Trash Collection

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Directions: North of Washington Bl., 2 blocks east of Fairfax Source Property Type: Residential Income Area: C16 - Mid Los Angeles Property SubType: Mixed Use
  • Building and Construction

    Property Age: 87 Common Walls: 2+ Common Walls Property Condition: Updated/Remodeled,Turnkey Structure Type: Mixed Use Year Built Source: Other Entry Level: 1 Entry Location: Ground floor Property Attached: Yes Levels or Stories: One,Two Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2219 Crenshaw Boulevard, Los Angeles, CA, 90016 $1,695,000 10 -- 6,236 6,236 SqFt
4400 W Washington Boule.., Los Angeles, CA, 90016 $1,899,000 16 -- 5,624 5,624 SqFt
2025 West Boulevard, Los Angeles, CA, 90016 $1,098,000 3 2 1,769 1,769 SqFt
3809 W 30th Street, Los Angeles, CA, 90016 $1,180,000 6 -- 5,213 5,213 SqFt
1934 Vineyard Avenue, Los Angeles, CA, 90016 $1,379,000 3 2 2,042 2,042 SqFt
3018 S Victoria Avenue, Los Angeles, CA, 90016 $850,000 3 1 1,550 1,550 SqFt
2807 Somerset Drive, Los Angeles, CA, 90016 $1,399,000 3 2 1,585 1,585 SqFt
2919 Somerset Drive, Los Angeles, CA, 90016 $999,000 3 2 1,049 1,049 SqFt
2636 Virginia Road, Los Angeles, CA, 90016 $3,250,000 16 -- 6,936 6,936 SqFt
3510 Somerset, Los Angeles, CA, 90016 $1,095,000 3 2 1,284 1,284 SqFt

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ByOwner last updated this listing 06/19/2026 @ 14:30

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

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