8711 Mckinley Place, Los Angeles, CA 90002

$1,199,000

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List Agent Sungjin Kim () 949-923-8325 Trinity One Realty; CoList ()

List Price
$1,199,000
Price Change
▼ $101,000 1779844616
Status
ACTIVE
MLS#
PW26024697
Year Built
2022
Lot Size
5,519
Lot Location
Walkstreet
Days on Market
179
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.

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

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.