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New construction
    • Listed by: Citivest Realty Services, Inc • Martin Fish • Contact: 310-905-4834
    Price cut: $90K (7/13)
    $2,550,000

    2223 Clyde Ave, Los Angeles, CA 90016

    10beds
    8baths
    4,739sqft
    : 
    $17,103/mo
    Get pre-qualified
    Mixed Use
    Built in 1939
    -- sqft lot
    $2,471,200 Zestimate®
    $538/sqft
    $-- HOA

    What's special

    Efficient layoutsBrand-new duplex adusModern finishesUpdated systemsDrought tolerant landscapingEnergy efficient building materials
    7-UNIT MULTIFAMILY ASSET FULLY LEASED! | MID-CITY| 6% 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% 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.
    68 days
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    62
    |
    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Martin Fish DRE #01988997 310-905-4834,

    Citivest Realty Services, Inc

    Source: CRMLS,MLS#: PW26109831MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 8
      Heating
      • Central, ENERGY STAR Qualified Equipment
      Cooling
      • Central Air, ENERGY STAR Qualified Equipment, Wall/Window Unit(s)
      Appliances
      • Included: 6 Burner Stove, Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Range, Refrigerator, Range Hood, Dryer, Washer
      • Laundry: Common Area, Inside, Laundry Closet, Laundry Room, Stacked
      Features
      • Ceiling Fan(s), Recessed Lighting
      • Flooring: Laminate
      • Doors: ENERGY STAR Qualified Doors
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 4,739
      • Total interior livable area: 4,739 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Carport, Assigned
      • Carport spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One,Two
      • Stories: 1
      • Entry location: Ground floor
      • Exterior features: Lighting
      • Pool features: None
      • Spa features: None
      • Fencing: Block,Good Condition,Wood
      Lot
      • Size: 6,339 Square Feet
      • Features: Front Yard, Landscaped, Paved, Sprinkler System
      Details
      • Parcel number: 5064023003
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Foundation: Slab
      • Roof: Asphalt
      Condition
      • Updated/Remodeled,Turnkey
      • New construction: Yes
      • Year built: 1939

      Utilities & green energy

      • Electric: Electricity - On Property, Standard
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
      Green energy
      • Energy efficient items: Lighting, Appliances
      • Construction elements: Renewable Materials

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $538/sqft
      • Date on market: 5/20/2026
      • Cumulative days on market: 68 days
      • Listing terms: Submit
      • Total actual rent: 17353
      • Tenant pays: Electricity, Gas, Trash Collection
      • Road surface type: Paved

        Estimated market value

        $2,471,200

        $2.35M - $2.59M

        $3,029/mo

        Price history

        DateEventPrice
        7/13/2026Price change$2,550,000-3.4%$538/sqft
        Source: CRMLS #PW26109831 Report a problem
        5/20/2026Listed for sale$2,640,000+120.2%$557/sqft
        Source: CRMLS #PW26109831 Report a problem
        4/2/2023Listing removed$1,199,000$253/sqft
        Source: CLAW #22-120671 Report a problem
        2/21/2022Contingent$1,199,000$253/sqft
        Source: CLAW #22-120671 Report a problem
        2/18/2022Price change$1,199,000-7.7%$253/sqft
        Source: CLAW #22-120671 Report a problem
        2/10/2022Listed for sale$1,299,000$274/sqft
        Source: CLAW #22-120671 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Mid City

        Getting around

        63 / 100
        Somewhat Walkable
        63 / 100
        Good Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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