3438 Mckinley Ave

Los Angeles, CA 90011

  • 0 Bed(s)
  • 0 Bath(s)
  • 8,816 Sqft
  • 6700
    Sqft(Lot)
$1,495,000

Description

3438 mckinley ave is a value add opportunity located

in the heart of los angeles. this well maintained 8-unit

apartment building is comprised of all oversized (8)

2-bed/1-bath units with 119% in rental upside! stabilizes

at a 15.37% cap rate and 5.19 grm, this asset is ideal for

any savvy investor to unlock the income potential.

built in 1930, the subject property is an 8 unit

apartment spread out over 8,816 sq. ft situated on a

6,700 sq. ft lot, 3438 mckinley is a unique value-add

opportunity in an extremely fast growing rental market

of los angeles. priced at $169/sq. ft, this building is

perfect for any exchange buyer or value add investor

to maximize their portfolio.

3438 mckinley is located just minutes from usc,

downtown la, gilbert lindsay park, exposition park,

lucas museum, art's district, the reef, bmo stadium, la

live and billions of dollars worth of development

pouring into the neighborhood.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48646206

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: All Bedrooms Up,All Bedrooms Down
    • Fireplace: None
    • Flooring: Laminate

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1928
    • Building Area Total: 8,816

    Pool Features

    • None

    Laundry Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1538
    • Lot Size Source: Appraiser
    • Lot Size Square Feet: 6700

  • Listing Price Information

    • Original List Price: 1,495,000
    • Listing Contract Date: 2025-02-18

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5114016011

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C42 - Downtown L.A.
    • Directions: Off Jefferson and Avalon
    • Source Property Type: Residential Income
    • Area: C42 - Downtown L.A.
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 97
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 2
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/25/2025 @ 08:57

  • MLS: SB25036159
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 8,816 sqft, 6,700 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90011, this Los Angeles County Home are nearby neighborhoods.