Listed by West City Realty, WestCity Realty & Lending Serv
$875,000
8405 Mckinley Avenue
Details
APN 6029023030
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,754
Net Rentable (SqFt) 3,000
Units 2
Cap Rate 6.43%
NOI $56,280
Tenancy Vacant
Rent Bumps Yes
Pro-Forma Cap Rate 10.29%
Pro-Forma NOI $90,000
Price per SqFt $542
Class A
Year Built 1927
Year Renovated 2025
Buildings 2
Stories 1
Acreage 0.120
Zoning Assessor
Parking Spaces 3 spaces
Parking per 1,000 SqFt 1.71
Investment Type Owner/User
Ownership 100
Sale Condition 1031 exchange
Remodeled Duplex with Detached Garage - ADU Potential!
Marketing description
Perfect for large families or the savvy buyer looking for rental potential, this stunning remodeled duplex features two spacious bedrooms and two full bathrooms in each unit. From the moment you walk in, youll notice the quality craftsmanship and modern upgrades throughout, including all-new PEX plumbing and a completely updated electrical system. The bright, open kitchen showcases sleek quartz countertops, and is finished with new laminate flooring for a clean, cohesive look. Stay comfortable year-round with central air conditioning and heating, and enjoy the convenience of in-unit washer and electric dryer hookups. And still there's more, a detached garage offering ADU potential for extra income or flexible living space. The only thing this exceptional property is missing is you!
Investment highlights
ADU Potential - Detached Garage. Adding Solar could reduce operating costs. Matterport: https://www.homes.com/property/8405-mckinley-ave-los-angeles-ca/0d0d13lfe8md7/?tab=1&dk=3rfbmrsbxxr9y
Listing Contacts
Listed by West City Realty, WestCity Realty & Lending Serv
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,280.00
$4,690.00/mo
Valuation Metrics
0
DSCR
6.43%
Cap Rate
6.43%
ROI
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