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Listed By:
Lyon Stahl Investment Real Estate, Inc., 310-729-1559, Aaron Jacobson
Local Realty Services Provided By:
Keller Williams Realty Los Feliz
Overview
What It'll Cost
Neighborhood
Similar Homes
3438 McKinley Ave, Los Angeles, CA 90011
3438 McKinley Ave, Los Angeles, CA 90011
Estimation provided by Keller Williams Realty Inc.
Active
For Sale
Property Description
50K Price Reduction!
3438 McKinley Ave is a value add opportunity located
in the heart of Los Angeles. This well maintained 8-Unit
apartment 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 asset
is ideal for any savvy investor to unlock the income
potential.
Built in 1930, the subject property is an 8 unit
apartment spread out over 8,816 Sq. Ft situated on a
6,700 Sq. Ft lot, 3438 McKinley is a unique value-add
opportunity in an extremely fast growing rental market
of Los Angeles. Priced at $164/Sq. Ft, this building is
perfect for any exchange buyer or value add investor
to 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, LA
Live and billions of dollars worth of development
pouring into the neighborhood.
3438 McKinley Ave is a value add opportunity located
in the heart of Los Angeles. This well maintained 8-Unit
apartment 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 asset
is ideal for any savvy investor to unlock the income
potential.
Built in 1930, the subject property is an 8 unit
apartment spread out over 8,816 Sq. Ft situated on a
6,700 Sq. Ft lot, 3438 McKinley is a unique value-add
opportunity in an extremely fast growing rental market
of Los Angeles. Priced at $164/Sq. Ft, this building is
perfect for any exchange buyer or value add investor
to 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, LA
Live and billions of dollars worth of development
pouring into the neighborhood.
Property Details
Compare This Home
Overview
Property Type
Apartment
Property Size
Year Built
1928
Days on Site
40 Days
HVAC
Wall Furnace
Parking
No
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$1,450,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
03/17/2025
Price Decrease
(-3.01% )
02/18/2025
Listed
(+15.98% )
08/20/2018
Sold
(+22.76% )
05/17/2016
Sold
(+85.84% )
11/06/2012
Sold
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+4.66% )
Land 643,320 +
Additions 738,746
2022
(+1.47% )
Land 618,340 +
Additions 710,060
2021
(+2.89% )
Land 618,340 +
Additions 710,060
2019
(+18.06% )
Land 612,000 +
Additions 702,780
2017
Land 712,674 +
Additions 379,746
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
Explore Trinity & 36th St
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Transit & Commute
Estimated commute times from Trinity & 36th St
Car-Dependent
Walkable
Very Walkable
Josana J at Keller Williams Hollywood Hills
Keller Williams Hollywood Hills
DRE # 02222551
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