Renovated Multifamily Asset in
For Sale
$2,325,000
2223 Clyde Avenue, Los Angeles, CA 90016
Seven-unit multifamily property in Mid-City, Los Angeles, fully leased.
Property Size4,739 SF
Days on Market152
Property Features for 2223 Clyde Avenue
General Information
Standard status
Active
Size
4,739 SF
Property subtype
Mixed Use
Building Details
Building Size
4,739 SF
Year Built
1939
Listing Agency:
Citivest Realty Services, Inc
Listed By:
Martin Fish · License #01988997
(310) 905-4834
Source:
Forsterjonesintl
Added: May 20
Changed: Oct 14
Last Checked: Oct 16 at 6:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Citivest Realty Services, Inc
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Investment Insights
Based on property information with market context.
This seven-unit multifamily property in Mid-City, Los Angeles, presents an investment opportunity. The property has been renovated, including the addition of two new ADU units. The property will be delivered 100% leased at market rents. The location is between Picfair Village and the Culver Arts District, near Culver City Art’s District, Ivy Station, and the Culver Steps, home to Amazon Studios, Sony Pictures, HBO, and Beats Electronics. The unit mix includes a renovated single-family style residence, four upgraded 1-bedroom/1-bath units, and a new duplex ADU. All units feature modern finishes, updated systems, and efficient layouts. The property includes drought-tolerant landscaping, parking, and energy-efficient building materials, appliances, and fixtures. The location has a bike score of 75, indicating it is very bikeable, a walk score of 81, indicating it is very walkable, and a transit score of 60, indicating good transit.
Key Highlights
- Stabilized 7‑unit multifamily asset with immediate cash flow at a 6% cap rate.
- Located in the heart of Mid‑City, near Culver City Arts District, Ivy Station, and Culver Steps.
- Fully renovated property including two new construction ADU units, delivered 100% leased at market rents.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,127
Businesses Nearby
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Business Placement
Demographics for 90016, CA
46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Seven-unit multifamily property in Mid-City, Los Angeles, fully leased.
Where is this apartment building located?
The property is located at 2223 Clyde Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,325,000.
What are key features of this property?
This property features: Stabilized 7‑unit multifamily asset with immediate cash flow at a 6% cap rate.; Located in the heart of Mid‑City, near Culver City Arts District, Ivy Station, and Culver Steps.; Fully renovated property including two new construction ADU units, delivered 100% leased at market rents.
