8711 Mckinley Place
Property 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.
Home Details
- Property type
- Residential Income - Duplex
- Year built
- 2022
- Lot size
- 5,519 sq ft
- Parking
- 4 spaces
- Garage
- 1 spaces
- Stories
- 2
- Days on market
- 112
- Cumulative days on market
- 348
- MLS status
- Active
- Architectural style
- Contemporary
- Zoning
- LAR2
Features & Amenities
Interior
- Open Floorplan
- Storage
- Unfinished Walls
- Bedroom On Main Level
Appliances
- Gas Cooktop
- Disposal
- Refrigerator
- Range Hood
- Tankless Water Heater
Pool
- None
Lot
- Walkstreet
Exterior
- Lighting
Security
- Carbon Monoxide Detectors
- Gated Community
- Smoke Detectors
Community, Schools & Utilities
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Electric
- Standard
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 8711 Mckinley Place
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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