2223 Clyde Avenue Los Angeles, CA $ 2,640,000
2223 Clyde Avenue
$ 2,640,000
Recently Listed New Construction
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2223 Clyde Avenue

Los Angeles, CA, 90016
$ 2,640,000
Baths1.0 Sq 4,739

Monthly Estimate*

$ 16,255

Listed by Citivest Realty Services, Inc
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,640,000 with 1 full bath. This 4,739 square foot home was built in 1939 on a lot size of 0.1455.

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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Multi-Family Active

Price

$ 2,640,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1455

Year Built

1939

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW26109831

Days on Market

1

Features
General
Sewer Public Sewer
Heating Central ENERGY STAR Qualified Equipment
Cooling Central Air ENERGY STAR Qualified Equipment Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Asphalt
Appliances 6 Burner Stove Dishwasher ENERGY STAR Qualified Appliances Gas Oven Gas Range Refrigerator Range Hood Dryer Washer
HOA Fee 0
Garage Spaces 0
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Year Built 1939
Electric Electricity - On Property Standard
Tenant Pays Electricity Gas Trash Collection
Stories Count 1
Levels One Two
Property Subtype Mixed Use
Gross Income 0
Community Features Street Lights Sidewalks
Accessibility None
County Los Angeles
Net Operating Income 164947
Operating Expense 38350
Insurance Expense 10521
New Construction true
Property Type Residential Income
HOA false
Energy Efficient Lighting Appliances
MaintenanceExpense 4200
Garage Y/N false
Green Sustainability Renewable Materials
Special Listing Conditions Standard
Status Active
Directions North of Washington Bl. 2 blocks east of Fairfax
City Los Angeles
Entry Location Ground floor
Senior Community Y/N false
Number Of Units Total 7
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 6339
Carport Spaces 2
Carport Y/N true
Number of Units Leased 6
Listing Terms Submit
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 4416
Property Condition Updated/Remodeled Turnkey
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Other
Tax Lot 18
Total Actual Rent 17353
Property Sub Type Additional Mixed Use
Taxes 9134
Cap Rate 6.25
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Interior
Interior Amenities Ceiling Fan(s) Recessed Lighting
Flooring Laminate
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area Inside Laundry Closet Laundry Room Stacked
Entry Level 1
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Exterior
Exterior Amenities Lighting
Fencing Block Good Condition Wood
Parking Features Attached Carport Assigned
Lot Features Front Yard Landscaped Paved Sprinkler System
Water Source Public
Total Parking 2
Lot Size Area 6339
Foundation Details Slab
Number of Buildings 2
Spa false
Building Area Total 4739
Lot Size Acres 0.1455
Road Surface Type Paved
Private Pool false
Lot Size Source Assessor
Door Features ENERGY STAR Qualified Doors
Number of Separate Water Meters 1
Number of Separate Gas Meters 7
Number of Separate Electric Meters 7
Road Frontage Type City Street
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* Excluded Features
List By
Citivest Realty Services, Inc

Broker

Martin@streetlamppartners.com

Email

Affordability Calculator

$16,255
Per Month
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Monthly Principal & Interest
$16,255
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2026$2,640,000 Listed Price

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2223 Clyde Avenue, Los Angeles, CA, 90016 is a Multi-Family Home for sale at $2,640,000 with 4,739 sqft and a lot size of 0.1455. 2223 Clyde Avenue is a studio with 1.0 baths and was built in 1939. The property's zip code is 90016 which is in Los Angeles, CA