8711 Mckinley Place, Los Angeles, CA 90002
- $1,199,000
- List Price
- $1,199,000
- Price Change
- ▼ $101,000 1779844616
- Status
- ACTIVE
- MLS#
- PW26024697
- Year Built
- 2022
- Lot Size
- 5,519
- Acres
- 0.13
- Lot Location
- Walkstreet
- Days on Market
- 176
- Property Type
- Multifamily
- Style
- Contemporary
- Property Sub Type
- Duplex
- Stories
- One Level
Property Description
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.
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Additional Information
- Appliances
- Gas Cooktop, Disposal, Refrigerator, Range Hood, Tankless Water Heater
- Pool Description
- None
- Heat
- Central
- View
- None
- Exterior Construction
- Drywall, Frame, Glass, Other, Concrete, Stucco
- Roof
- Other, Tile
- Garage Spaces Total
- 1
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Open Floorplan, Storage, Unfinished Walls, Bedroom on Main Level
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $99,600
- Operating Expense
- 19174
- Garage Spaces
- 1
- Levels
- One
- Parking Spaces
- 4
Listing courtesy of Listing Agent: Sungjin Kim (realtorsjkim@gmail.com) from Listing Office: Trinity One Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.