$2,640,000
2223 Clyde Avenue, Los Angeles CA 90016
Multi-Family (7 Units)
Property type
16 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 5, 2026 at 10:00am
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
Nearby Schools
Nearby schools around the 2223 Clyde Avenue, Los Angeles, CA 90016. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,112,000
Total Interest
$2,693,740
Total Payment
$4,805,740
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,249
per month
Property History for 2223 Clyde Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90016.
Similar Homes
Listings with similar prices to 2223 Clyde Avenue