Millman Team Real Estate

$1,350,000
0.13 Acre Lot

8711 Mckinley Place, Los Angeles, California 90002

  • Residential Income Property Type
  • 2022 Year Built
Property Description

CALLING ALL INVESTORS!!

5.74% 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 5.74% 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.

Basic Details
Residential Income
For Sale
PW26024697
$1,350,000
None
2022
0.13 Acre
Active
1
Duplex
: Tile, Other
Features
: None
: Central
: Central Air
: Wrought Iron, Wood
: None
: Contemporary
: Lighting
: Laminate, Wood
: Bedroom on Main Level, Open Floorplan, Storage, Unfinished Walls
: Inside, Washer Hookup, Gas Dryer Hookup, Upper Level
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
: Double Pane Windows, Blinds, Screens
$0
Appliances
: Gas Cooktop, Disposal, Refrigerator, Range Hood, Tankless Water Heater
Address Map
CA
Los Angeles
Los Angeles
90002
Mckinley Place
8711
Manchester Ave & McKinley Place
C37 - Metropolitan South
LAR2
Additional Information
$0
$0
$0
$0
$0
: Accessible Doors
3646
: Sidewalks, Urban, Gated
: Drywall, Frame, Glass, Concrete, Stucco, Other
Standard
1
: Raised
1.0
: One
: Walkstreet
2
2026-02-03
1
2
: Public
Broker/Agent Information
Trinity One Realty
Sungjin Kim
Listing Information
Soo Lee
PWLEESOO
PB21619
Trinity One Realty
PWSUNGKI
PB21619
Cash,Cash to Existing Loan
Active
2026-02-04T04:56:39Z
CRMLS
: Standard
2026-02-03T20:37:53Z
Agent info
Ray Millman
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