2223 Clyde Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 0 bed, 0 bath
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Los Angeles, California 90016
Analysis of 2223 Clyde Avenue, Los Angeles, California 90016 is currently available with a list price of $2,640,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property has undergone a complete recent renovation and includes brand-new construction ADUs. It features modern kitchens with quartz countertops and stainless steel appliances, updated energy-efficient systems including mini-split HVAC units, and contemporary flooring and finishes throughout, meeting the criteria for a mint-condition, turnkey asset.
The property offers a highly competitive 6.25% cap rate and is delivered 100% leased at market rents, providing investors with immediate, stabilized cash flow in a high-demand market.
With a complete renovation and the addition of new construction ADUs, the property features modern finishes and updated systems, significantly reducing the need for near-term capital expenditures.
Positioned near the Culver Arts District and major employers like Amazon Studios and Sony Pictures, the property benefits from a high-income tenant base and strong long-term appreciation potential.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4739, other record living area = 3138.
Because the property is already fully renovated and leased at market rates, there is little opportunity for a buyer to quickly increase equity through further improvements or rent hikes.
Housing 7 units on a 6,339 square foot lot represents high density, which may result in limited parking options and minimal outdoor common space for residents.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,739 | 3,469.5 | 50% |
| Lot Size | 6,339 | 5,770.5 | 50% |
| Price | $2.64M | $1.99M | 50% |
| Price per sq ft | $557 | $581 | 50% |
| Built year | 1939 | 1933 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 119 | 50% |
May 20, 2026
$2,640,000
Initial Listing
Apr 1, 2022
$1,265,000
Public Record
Jul 12, 2005
$795,000
Public Record
Jul 1, 2004
$525,000
Public Record