Property Detail

Description

Excellent 4-unit investment opportunity at 7700 McKinley Ave in Los Angeles. Ideal for both 1031 exchange buyers and first-time multifamily investors seeking stable income with future upside. This well-maintained property features four spacious 1 bed / 1 bath units, including one unit remodeled in 2022. Pride of ownership throughout. Property includes a large detached 2-car garage with convenient alley access and strong ADU potential (buyer to verify), offering added value and long-term income growth. Current in-place rents total $4,472 per month, providing solid cash flow with low expenses and upside. Approx. 6% CAP rate. Centrally located near Downtown LA, USC, LAX, and area beaches, with close proximity to major venues including SoFi Stadium, Intuit Dome, Crypto.com Arena, and BMO Stadium. Easy access to schools, shopping, dining, and transit. A turnkey, income-producing asset in a high-demand Los Angeles rental market.