$2,640,000
2223 Clyde Avenue, Los Angeles CA 90016
Multi-Family (7 Units)
Property type
27 days
On market
$557
Price per sqft
0 cars
Garage
1939
Year built
6,339 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Martin Fish DRE #01988997 310-905-4834, Citivest Realty Services, Inc
Listing updated: May 20, 2026 at 07:51pm.
Last checked: Jun 13, 2026 at 08:00pm
Source: CRMLS #PW26109831
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,887 | $2,887 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $1,352 | $1,352 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $2,300 | $2,300 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $2,377 | $2,377 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $2,157 | $2,157 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $2,280 | $2,280 | $0 | Unfurnished |
| 1 | 3 | 2 | — | $4,000 | $4,000 | $4,000 | Unfurnished |
# of Buildings: 2
# of Units Total: 7
Separate Electric Meters: 7
Separate Gas Meters: 7
Separate Water Meters: 1
Dishwasher: 7
Ranges: 7
Refrigerator: 7
Rent Control: No
Units Leased: 6
Total Actual Rent: $17,353
Tenant Pays: Electricity, Gas, Trash Collection
Financial Snapshot
Gross Rent Multiplier
12.7x
List Price / Annual Gross Rent
Cap Rate
6.25%
NOI / List Price
Gross Scheduled Income: $208,236
Vacancy Allowance Rate: 3%
Operating Expense: $38,350
Net Operating Income: $164,947
Annual Operating Expenses
Electric: $4,416
Insurance: $10,521
Maintenance: $4,200
New Taxes: $9,134
Professional Management: $8,329
Trash: $0
Water / Sewer: $0
Interior
Interior Features: Ceiling Fans, Recessed Lighting
Flooring: Laminate
Cooling: Central Air, Energy Star Qualified Equipment, Wall Window Units
Heating: Central, Energy Star Qualified Equipment
Appliances: Six Burner Stove, Dishwasher, Energy Star Qualified Appliances, Gas Oven, Gas Range, Refrigerator, Range Hood, Dryer, Washer
Fireplace: None
Laundry: Common Area, Inside, Laundry Closet, Laundry Room, Stacked, Dryer Included, Washer Included
Accessibility: None
Entry Location: Ground Floor
Exterior
Property Attached: Yes
Stories Total: 2
Levels: One, Two
Door Features: Energy Star Qualified Doors
Roof: Asphalt
Foundation: Slab
Property Condition: Updated Remodeled, Turnkey
Exterior: Lighting
Common Walls: Two Common Walls Or More
Security Features: Carbon Monoxide Detectors, Smoke Detectors
Lot Features: Front Yard, Landscaped, Paved, Sprinkler System
Pool: None
Spa: None
Fencing: Block, Good Condition, Wood
Water Source: Public
Sewer: Public Sewer
Electric: Electricity On Property, Standard
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Parking: Attached Carport, Assigned
Garage Spaces: 0
Carport Spaces: 2
Parking Total: 2
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5064023003
Additional Parcels: No
Tax Lot: 18
Tax Block: 5
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks