8711 Mckinley Place, Los Angeles, CA 90002
8711 Mckinley Place, Los Angeles, CA 90002
8711 Mckinley Place, Los Angeles, CA 90002
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,199,000
Est. payment /mo
5,519 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26024697

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 2022

Lot Size 5,519 Sqft

Property Sub-Type Duplex

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.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR2

Interior

Interior Features Open Floorplan, Storage, Unfinished Walls, Bedroom on Main Level

Heating Central

Flooring Laminate, Wood

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Disposal, Refrigerator, Range Hood, Tankless Water Heater

Laundry Washer Hookup, Gas Dryer Hookup, Inside, Upper Level

Exterior

Exterior Feature Lighting

Garage Spaces 1.0

Garage Description 1.0

Fence Wood, Wrought Iron

Pool None

Community Features Sidewalks, Urban, Gated

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Other,Tile

Accessibility Accessible Doors

Total Parking Spaces 4

Private Pool No

Building

Lot Description Walkstreet

Story 2

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories One

New Construction No

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 6042003003

Security Features Carbon Monoxide Detector(s),Gated Community,Smoke Detector(s)

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Special Listing Condition Standard

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Listed by Sungjin Kim Trinity One Realty 949-923-8325, DRE #02155367

NEARBY SCHOOL & BUSINESS

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