2223 Clyde Ave

Los Angeles, CA 90016
  • $2,640,000

    Price
  • 10

    Bed
  • 8

    Bath
  • 4,739

    SqFt

About the Listing PB16907 - PWFISHMAR

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.

Listing Highlights

Status Active
Days on Site 14
Property Type Multi-Family
MLS ® PW26109831
Year Built 1939
Total Square Footage 4,739
Lot/Acreage 0.15

Interior Details

  • Bedrooms: 10
  • Bathrooms: 8 Full
  • Appliances: 6 Burner Stove, Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, Refrigerator, Range Hood, Dryer, Washer
  • Air Cond: Central Air,ENERGY STAR Qualified Equipment,Wall/Window Unit(s)
  • Heating: Central,ENERGY STAR Qualified Equipment
  • Fireplaces:
  • Floor: Laminate
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Ceiling Fan(s),Recessed Lighting
  • Water: Public

Exterior Details

  • Lot Description: Front Yard,Landscaped,Paved,Sprinkler System,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Roof: Asphalt
  • Others: Lighting,Updated/Remodeled,Turnkey,2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Attached Carport,Assigned

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5064023003
  • Tax Year: N/A

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2223 Clyde Ave Los Angeles, CA 90016

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Originating MLS: CRMLS

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