High-Yield Investment / 1031 Exchange Opportunity – 2022 Modern Duplex | Los Angeles | 5.74% CAP | In Place Rents.
Turnkey 2022-built modern duplex offering strong in-place cash flow at an attractive 5.74% 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.
Construction Materials: Drywall, Frame, Glass, Other, Concrete, Stucco
Entry Level: 1
Entry Location: 1
Exterior Features: Lighting
Features
Fencing: Wood, Wrought Iron
Road Frontage Type: City Street
Measurements
Building Area Total: 3,646
Building Area Units: Square Feet
Lot Features: Walkstreet
Lot Size Acres: 0.12
Lot Size Area: 5,519
Lot Size Source: Assessor
Lot Size Square Feet: 5,519
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 5.74
Gross Income: $9,600.00
Operating Expense: $19,174.00
Taxes
Parcel Number: 6042003003
Interior
Features
Appliances: Gas Cooktop, Disposal, Refrigerator, Range Hood, Tankless Water Heater
Flooring: Laminate, Wood
Interior Features: Open Floorplan, Storage, Unfinished Walls, Bedroom On Main Level
Other
Features
Accessibility Features: Accessible Doors
Location
Tax Lot: 61
Parking
Parking
Garage Spaces: 1
Garage: Yes
Open Parking Spaces: 3
Parking Total: 4
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Electric: Standard
Heating: Central
Has Heating: Yes
Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside, Upper Level
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 8711 Mckinley Place.
Does this multi-family home have parking?
Yes, there is 1 parking space available for 8711 Mckinley Place.
How does 8711 Mckinley Place compare to other multi-family homes in Green Meadows?
This multi-family home is listed 32% above the average price for multi-family homes in Green Meadows and has been on the market for 27 less days than the typical home in this area.
8711 Mckinley Place is a -bedroom multi-family home for sale in Los Angeles CA 90002. On Prevu for 92 days at $1,350,000. This includes a recent price increase of $60,000. This residence is located in Green Meadows. The median listing price for multi-family homes in this area is $699,000. Additional amenities include air conditioning and parking. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.