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For SaleLuxury

$2,325,000

6,338 sqft$367/sqft172 days on market

2223 Clyde Avenue

Los Angeles, CA 90016

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

6,338

Square feet

1939

Built

Listing narrative

Description

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.

Listing agent (MLS): Martin Fish · Listing brokerage (MLS): Citivest Realty Services, Inc

Property Details

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Price

$2,325,000

Beds

Beds n/a

Type

House

Home Size

6,338 sqft

Baths

Baths n/a

Lot Size

0.15 acres

Year

1939

Status

For Sale

Days on Market

172

$ / Sqft

$367

· 8% down, 7% APR, 30yr fixed
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Courtesy of Citivest Realty Services, Inc