3438 Mckinley Ave, Los Angeles, CA 90011

Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
3438 Mckinley Ave,Los Angeles, CA 90011
$1,395,000
  • - Beds
  • - Baths
  • 8,816 sq. ft.
  • Multi-family
  • Pending
Listed by:aaron jacobson
Office:lyon stahl investment real estate, inc.
MLS#:SB25036159
Source:CRMLS

Price summary

  • Price:$1,395,000
  • Price per sq. ft.:$158.24

About this home

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! Currently priced at a 5.35% cap rate, this building stabilizes at a 14.55% cap rate and 5.39 GRM, 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 $158/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.

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Home facts

  • Year built:1928
  • Listing Id #:SB25036159
  • Added:187 day(s) ago
  • Updated:August 25, 2025 at 07:28 AM

Rooms and interior

  • Living area:8,816 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1928
  • Building area:8,816 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,395,000
  • Price per sq. ft.:$158.24
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