3415 Mckinley, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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3415 Mckinley
Los Angeles, California 90011
ACTIVE
CONDITION: GOOD
0Beds
0Baths
3,200Sq Ft
5,250Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$982,785
6% AboveMARKET VALUE
SUMMARY
This fully leased fourplex presents a Strong Value Opportunity with a List Price of $1,050,000—positioned well above the $982,786 Fair Market Value by -6%. Featuring a Condition Rating of 3, the asset includes a 2-year-old roof, new exterior paint, and modern stainless steel appliances. Located just 2 miles from USC, this property offers a stable income stream in a high-demand rental market. This is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking immediate cash flow and long-term stability.
Estimated Market Value
$982,785
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3415 Mckinley Subject | $1,050,000* List Price | 0 | 0 | 3,200 | $307 | - |
A 3833 - 3835 Woodlawn Sold | $1,000,000 | 0 | 0 | 3,446 | $290 | 0.7 mi |
B 948 E 42nd Place Sold | $1,058,000 | 0 | 0 | 3,676 | $288 | 0.5 mi |
C 456 E 43rd Place Sold | $935,000 | 0 | 0 | 2,640 | $354 | 0.7 mi |
D 3631 Trinity Street Active | $1,050,000 List Price | 0 | 0 | 2,804 | $374 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1959, the property has undergone significant maintenance including a 2-year-old roof and new exterior paint. Interior photos show functional updates such as laminate flooring, modern stainless steel appliances, and the addition of mini-split HVAC systems, making it well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Investment Location
Located approximately 2 miles from USC and the Icon Plaza student apartments, this property is positioned in a high-demand rental market with a consistent pool of potential tenants.
- Recent Capital Improvements
The property features a roof that is only two years old and fresh exterior paint, reducing immediate capital expenditure requirements and enhancing curb appeal for the new owner.
- Stable Income Stream
The fourplex is 100% occupied with long-term, stable tenants, providing immediate cash flow and making it an ideal candidate for a 1031 exchange or a turnkey investment.
CONSRISKS & DEFICIENCIES
- Rent Control Potential
Built in 1959, this multi-family asset is likely subject to Los Angeles Rent Stabilization Ordinances (RSO), which may limit the ability to bring rents to market value quickly.
- Limited Initial Access
The 'do not disturb tenants' restriction and the emphasis on buyer verification suggest that the interior condition of the units may not be fully transparent until late in the due diligence process.
About 3415 Mckinley
Excellent Investment Opportunity – Fully Leased Fourplex in Los Angeles - New Exterior Paint - Roof 2 years new!!! Don't miss this exceptional opportunity to own a 100% occupied fourplex in a strong rental market. Ideally located just approximately 2 miles from USC and the Icon Plaza USC Student Apartments, this property offers excellent long-term investment potential. The property features long-term, stable tenants with consistent rental income, making it an attractive addition to any investment portfolio. Whether you're a seasoned investor or completing a 1031 exchange, this income-producing asset offers immediate cash flow and future upside. ***Please do not disturb the tenants *** Buyer to verify all information, including square footage, rents, permits, zoning, and property condition to their satisfaction.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1959
- Lot Size
- 5,250 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Quincy Jones Elementary School
Grades K-5 • 0.1 mi
4/10
Wadsworth Avenue Elementary School
Grades K-5 • 0.3 mi
3/10
Harmony Elementary School
Grades K-5 • 0.4 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,200 | 2,187.451 |
| Lot Size | 5,250 | 5,841.385 |
| Price | $1.05M | $841.5K |
| Price per sq ft | $328 | $385 |
| Built year | 1959 | 1928 |
| HOA | $0 | $0 |
| Days on market | 61 | 85 |
Pricing History
Listed for Sale
Jul 10, 2026
$1,050,000
Initial Listing
Sold
Jul 31, 2013
$555,000
Public Record
Sold
May 21, 2009
$420,000
Public Record
Sold
Aug 31, 2006
$700,000
Public Record