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7-Unit Renovated Multifamily Property
For Sale
$2,325,000

2223 Clyde Avenue, Los Angeles, CA 90016

Los Angeles, CA

Property SizeContact for details
Lot Size0.15 Acres
Days on Market148

Property Features for 2223 Clyde Avenue

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Bedrooms 10
Bathrooms 8
Full bathrooms 8
Rooms Bedroom 5, Bathroom 6, Bedroom 6, Bathroom 8, Laundry Room, Bathroom 4, Bedroom 2, Bathroom 5, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 10, Bedroom 3, Bathroom 2, Bathroom 7, Bedroom 8, Bedroom 4, Bedroom 7, Bedroom 9
Parking 2
Parking features Carport, Assigned
Interior features Ceiling Fan(s), Recessed Lighting
Appliances 6 Burner Stove, ENERGY STAR Qualified Appliances, Refrigerator, Range Hood, Gas Range, Gas Oven, Dishwasher
Lot features Paved, Landscaped, Front Yard, Sprinkler System
Directions North of Washington Bl., 2 blocks east of Fairfax
Subdivision C16 - Mid Los Angeles
Standard status Active
APN 5064023003
Lot size 0.15 Acres

Utilities

Sewer type Public Sewer
Heating system Energy Star Qualified Equipment (Heating), Central
Cooling system Wall/Window Unit(s), Central Air, Window Unit(s), ENERGY STAR Qualified Equipment
Water source Public

Amenities

drought tolerant landscaping
parking
energy efficient building materials, appliances and fixtures

Building Details

Year built 1939
Floors in Building 2
Number of units 7
Flooring type Laminate
Roof type Asphalt
Listing Agency: Citivest Realty Services, Inc
Listed By: Martin Fish · License #01988997
Added: May 20 Changed: Oct 13 Last Checked: Oct 14 at 10:06PM
MLS# PW26109831

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7-unit multifamily property combines a renovated single-family-style residence, four upgraded 1-bedroom/1-bath apartments, and a duplex of ADU units. The buildings include modern finishes, laminate flooring, recessed lighting, ceiling fans, updated appliances, central heating, and a mix of central and wall or window cooling. Assigned parking and carport spaces are provided, while public water and sewer serve the property. The parcel contains 0.1455 acres, and the original structure dates to 1939.

All units are reported leased at market rents, with a stated 6.15% cap rate. The property is in Los Angeles’ Mid-City area, between Picfair Village and the Culver Arts District, with access to nearby employment and lifestyle destinations including Ivy Station, the Culver Steps, Amazon Studios, Sony Pictures, HBO, and Beats Electronics. Drought-tolerant landscaping and energy-efficient appliances, fixtures, building materials, and heating equipment are also included.

Key Highlights

  • 7‑unit multifamily property with a renovated single‑family‑style residence, four 1‑bedroom/1‑bath units, and duplex ADUs
  • 100% leased at market rents with a 6.15% cap rate
  • Complete renovation plus two ADU units

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Law Firm Accounting Firm Real Estate Agency Nursing Home (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,127
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed housing formats pair modern finishes with public utilities, central heating, and assigned parking.
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: 7‑unit multifamily property with a renovated single‑family‑style residence, four 1‑bedroom/1‑bath units, and duplex ADUs; 100% leased at market rents with a 6.15% cap rate; Complete renovation plus two ADU units
More about this property
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