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Investment Highlights

  • Great for Blended Families
  • ADU Potential - Detached Garage
  • Central Area of Los Angeles

Executive Summary

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, you’ll 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!

Financial Summary (Pro Forma - 2026)

Annual Annual Per SF
Gross Rental Income $64,800 $36.94
Other Income $1,200 $0.68
Vacancy Loss - -
Effective Gross Income $66,000 $37.63
Taxes $11,875 $6.77
Operating Expenses $8,495 $4.84
Total Expenses $20,370 $11.61
Net Operating Income $45,630 $26.01

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual $64,800
Annual Per SF $36.94
Other Income
Annual $1,200
Annual Per SF $0.68
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $66,000
Annual Per SF $37.63
Taxes
Annual $11,875
Annual Per SF $6.77
Operating Expenses
Annual $8,495
Annual Per SF $4.84
Total Expenses
Annual $20,370
Annual Per SF $11.61
Net Operating Income
Annual $45,630
Annual Per SF $26.01

Property Facts

Price $950,000
Price Per Unit $475,000
Sale Type Investment
Cap Rate 6.82%
Gross Rent Multiplier 14.66
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Garden
Lot Size 0.12 AC
Building Size 1,754 SF
Average Occupancy 0%
No. Stories 1
Year Built/Renovated 1927/2025
Zoning LAR2 - TRACT NO 6O97 LOT 1624

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Disposal
  • Washer/Dryer Hookup
  • Kitchen
  • Tub/Shower
  • Double Pane Windows
  • Lawn

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 2 $2,850 -
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
6029-023-030
Land Assessment
$97,602 (2025)
Improvements Assessment
$52,694 (2025)
Total Assessment
$150,296 (2025)
Annual Taxes
$11,875 ($6.77/SF)
Tax Year
2026
  • Listing ID: 39157361

  • Date on Market: 1/21/2026

  • Last Updated:

  • Address: 8405 McKinley Ave, Los Angeles, CA 90001

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