8711 McKinley Place

Los Angeles CA 90002

5519 sq. ft.

Multi-Family

Last sold for $1,182,500

Sungjin Kim, last sold this property on 26 August 2026 after 421 days on market.

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.

Features

10 bedrooms

6 bathrooms

5519 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 10 bedroom multi families sold in Los Angeles over the last 12 months, the estimated median property value of 8711 McKinley Place is $1.12m.

Median value

$1.12m

Estimated value range

$1.05m - $1.21m

Median days on market

275

Estimated value trend

-19%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8711 McKinley Place

2026

Sold

$1,182,500

26 Aug 2026 by Sungjin Kim, of Trinity One Realty

2026

Rented

Undisclosed

23 Jan 2026 by Trinity One Realty

2021

Sold

$430,000

21 Dec 2021 by Floyd Hall, of Pathway Realty

Happy sellers in Los Angeles

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.