2223 Clyde Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

2223 Clyde Avenue

Los Angeles, CA 90016
6,339 Lot Sq Ft
Built 1939
$2,325,000
Price ReducedWas $2,640,000 — $2,325,000 (-$315,000)

Property Overview

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 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.

Home Details

Property type
Residential Income - Mixed Use
Year built
1939
Lot size
6,339 sq ft
Parking
2 spaces
Carport
2 spaces
Stories
2
Days on market
139
MLS status
Active

Features & Amenities

Interior

  • Ceiling Fans
  • Recessed Lighting

Appliances

  • Six Burner Stove
  • Dishwasher
  • Energy Star Qualified Appliances
  • Gas Oven
  • Gas Range
  • Refrigerator
  • Range Hood
  • Dryer
  • Washer

Parking

  • Attached Carport
  • Assigned

Pool

  • None

Lot

  • Front Yard
  • Landscaped
  • Paved
  • Sprinkler System

Exterior

  • Lighting

Security

  • Carbon Monoxide Detectors
  • Smoke Detectors

Community, Schools & Utilities

Community

New construction
Yes

Utilities

Heating
Central,EnergyStarQualifiedEquipment
Cooling
CentralAir,EnergyStarQualifiedEquipment,WallWindowUnits
Electric
ElectricityOnProperty,Standard
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

2223 Clyde Avenue

Los Angeles, CA 90016

Frequently Asked Questions About 2223 Clyde Avenue

Property type: Residential Income

The current asking price is $2,325,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2223 Clyde Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1939. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 139 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Martin Fish
MLS ID: PWFISHMAR

Available property

$2,325,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.