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8711 McKinley Pl - 8711 McKinley Pl 2 Unit Apartment Building Offered at $1,800,812 CAD at a 6% Cap Rate Los Angeles, CA 90002



Investment Highlights
- Solar panels paid off
- Great bedroom and bathroom count (5/3)
- Tenant pays all utilities
Executive Summary
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,800,812 CAD | Lot Size | 0.13 AC |
| Price Per Unit | $900,406 CAD | Building Size | 3,646 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 6% | No. Stories | 2 |
| Gross Rent Multiplier | 13 | Year Built | 2022 |
| No. Units | 2 | Parking Ratio | 1.1/1,000 SF |
| Property Type | Multifamily |
| Price | $1,800,812 CAD |
| Price Per Unit | $900,406 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| Gross Rent Multiplier | 13 |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.13 AC |
| Building Size | 3,646 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2022 |
| Parking Ratio | 1.1/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 5+3 | 1 | - | 1,823 |
| 5+3 | 2 | - | 1,823 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 6042-003-003 | Total Assessment | $1,837,535 CAD |
| Land Assessment | $1,311,495 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $526,039 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
6042-003-003
Land Assessment
$1,311,495 CAD
Improvements Assessment
$526,039 CAD
Total Assessment
$1,837,535 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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8711 McKinley Pl - 8711 McKinley Pl
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