Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

SingleFamilyResidence

Bedrooms

7

Building size

4,739 sqft

Lot size

6,339 sqft

Year built

1939

Stories

2

Garage spaces

0

Heating

Central,ENERGY STAR Qualified Equipment

Cooling

Central Air,Wall/Window Unit(s),ENERGY STAR Qualified Equipment

Pool

None

Status

Active

Days on market

139

MLS #

242368876

About this property

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.

Location

2223 Clyde Avenue

Los Angeles, Los Angeles, CA, 90016