www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34365863
34365864

2223 Clyde Ave, Los Angeles, CA 90016 For Sale

MF
01988997
Martin Fish
Listed by Martin Fish
$2,550,000
5 days on market
Updated 5 days ago

2223 Clyde Ave

Details
APN 5064023003
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,739
Units 7
Beds 10
Cap Rate 6.31%
NOI $161,017
Occupancy 100%
Tenancy Multi
Price per SqFt $538
Year Built 1939
Year Renovated 2026
Buildings 2
Stories 2
Lot Size (SqFt) 6,337
Zoning RD1.5
Parking Spaces 2 spaces
Parking per 1,000 SqFt 0.42
Investment Type Stabilized

Multifamily | 6.31% CAP | 7 Units

Marketing description

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 FULLY leased at market rents, offering investors immediate, stabilized cash flow at an attractive 6.31% 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.

Investment highlights

  • 7-UNIT STABILIZED MULTIFAMILY ASSET | MID-CITY| 6.31% CAP RATE
  • FULLY RENOVATED + NEW CONSTRUCTION ADUS
  • FULLY leased at market rents, offering investors immediate, stabilized cash flow at an attractive 6.31% cap rate
  • Located in the heart of Mid-City, between Picfair Village and the thriving Culver Arts District
  • 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
  • Fully renovated single-family style residence, four extensively upgraded 1-bedroom/1-bath units, and a brand-new duplex ADUs
  • Modern finishes, updated systems, and efficient layouts designed to maximize rental income and minimize ongoing maintenance
  • Turnkey, low-maintenance asset in one of Los Angeles' most rapidly evolving and high-demand rental submarkets
  • 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 Contacts

MF
01988997
Martin Fish
Listed by Martin Fish

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$161,017.00
$13,418.08/mo

Valuation Metrics

0
DSCR
6.31%
Cap Rate
6.31%
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591