FOR SALE
$1,450,000

3438 McKinley Ave
Los Angeles, CA 90011

Apartment
Residence
8,816
Sqft
0.1538
Lot Size
Listing Agent: Aaron Jacobson CalDRE: 02100737 - Lyon Stahl Investment Real Estate, Inc., 310-729-1559
50K Price Reduction!3438 McKinley Ave is a value add opportunity locatedin the heart of Los Angeles. This well maintained 8-Unitapartment building is comprised of all oversized (8)2-Bed/1-Bath units with 105% in Rental upside!Stabilizes at a 13.95% cap rate and 5.60 GRM, this assetis ideal for any savvy investor to unlock the incomepotential.Built in 1930, the subject property is an 8 unitapartment spread out over 8,816 Sq. Ft situated on a6,700 Sq. Ft lot, 3438 McKinley is a unique value-addopportunity in an extremely fast growing rental marketof Los Angeles. Priced at $164/Sq. Ft, this building isperfect for any exchange buyer or value add investorto maximize their portfolio.3438 McKinley is located just minutes from USC,Downtown LA, Gilbert Lindsay Park, Exposition Park,Lucas Museum, Art's District, The Reef, BMO Stadium, LALive and billions of dollars worth of developmentpouring into the neighborhood.
SB25036159
Apartment, 2 Story
Los Angeles
1928
0.1538 Acres
Public
2
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Listing Agent: Aaron Jacobson CalDRE: 02100737 - Lyon Stahl Investment Real Estate, Inc., 310-729-1559
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