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$ 1,199,000
Est. payment | /mo
10 Beds
6 Baths
5,519 Sqft Lot
$ 1,199,000
Est. payment | /mo
10 Beds
6 Baths
5,519 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26024697
Bedrooms 10
Lot Size 5,519 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Manchester Ave & McKinley Place
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Tile/Clay
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6042003003
Acceptable Financing Cash
Listing Terms Cash
Listed by Sungjin Kim, DRE#02155367 Trinity One Realty
NEARBY SCHOOL & BUSINESS