8711 McKinley Pl - Multi-Family FOR SALE


Los Angeles, CA 90002- Canndu/Avalon Gardens
$1,300,000 USD
213-248-3238
8711 McKinley Pl, Los Angeles, CA for Sale
$1,300,000 USD
Multi-Family - FOR SALE
1/10
null | 6% Cap Rate

8711 McKinley Pl
Los Angeles, CA 90002
Canndu/Avalon Gardens


HIGHLIGHTS

  • Solar panels paid off
  • Tenant pays all utilities
  • Great bedroom and bathroom count (5/3)

OVERVIEW

CALLING ALL INVESTORS!! 6% CAP | In Place Rents | High-Yield Investment / 1031 Exchange Opportunity – 2022 Modern Duplex | Los Angeles. Turnkey 2022-built modern duplex offering strong in-place cash flow at an attractive 6% CAP rate, along with long-term appreciation potential in a desirable Los Angeles location. Both units are fully occupied with stable, in-place rents, making this an excellent 1031 exchange replacement property and a compelling alternative to lower-yield, passive investments. Each unit features 5 bedrooms and 3 bathrooms, one unit with a 2-car garage and one unit with a 1-car garage, supporting strong tenant demand and rent stability. Minimal owner expenses with tenants paying all utilities, including water and trash. Both units are separately metered and equipped with tankless water heaters and solar panels, enhancing energy efficiency and improving net operating income. Newer construction minimizes deferred maintenance and future capital expenditures. The property offers gated front and rear access with additional parking spaces inside the gate, nearby park access, and ample street parking, further strengthening tenant appeal. A well-maintained modern duplex combining contemporary design, reliable income, and a favorable expense profile. An ideal opportunity for investors seeking a high-yield, low-maintenance asset, whether as a first acquisition, portfolio expansion, or 1031 exchange, with immediate income and long-term upside. See complete CAP rate, GRM, and income analysis in the supplemental documents.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$357 USD /SF

# OF UNITS

2

PRICE/UNIT

$650,000

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8711 McKinley Pl

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2022

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,519 SF

ZONING

-

APN/PARCEL ID

6042-003-003

ASK ABOUT THIS PROPERTY

Tae Ki KimHope Ys Kim, BrokerMore Info
213-248-3238

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Tae Ki KimHope Ys Kim, BrokerMore Info
213-248-3238

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.