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8405 McKinley Ave 2 Unit Apartment Building Offered at $1,299,153 CAD at a 6.82% Cap Rate Los Angeles, CA 90001
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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$88,616
|
$50.52
|
| Other Income |
$1,641
|
$0.94
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$90,257
|
$51.46
|
| Taxes |
$16,239
|
$9.26
|
| Operating Expenses |
$11,617
|
$6.62
|
| Total Expenses |
$27,857
|
$15.88
|
| Net Operating Income |
$62,400
|
$35.58
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $88,616 |
| Annual Per SF | $50.52 |
| Other Income (CAD) | |
|---|---|
| Annual | $1,641 |
| Annual Per SF | $0.94 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $90,257 |
| Annual Per SF | $51.46 |
| Taxes (CAD) | |
|---|---|
| Annual | $16,239 |
| Annual Per SF | $9.26 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $11,617 |
| Annual Per SF | $6.62 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $27,857 |
| Annual Per SF | $15.88 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $62,400 |
| Annual Per SF | $35.58 |
Property Facts
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 | $3,897 CAD | - |
1 1
Property Taxes
| Parcel Number | 6029-023-030 | Total Assessment | $205,489 CAD (2025) |
| Land Assessment | $133,444 CAD (2025) | Annual Taxes | $16,239 CAD ($9.26 CAD/SF) |
| Improvements Assessment | $72,045 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
6029-023-030
Land Assessment
$133,444 CAD (2025)
Improvements Assessment
$72,045 CAD (2025)
Total Assessment
$205,489 CAD (2025)
Annual Taxes
$16,239 CAD ($9.26 CAD/SF)
Tax Year
2026
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WestCity Realty & Lending Services
8405 McKinley Ave
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