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: FAIR
0Beds
0Baths
3,200Sq Ft
5,250Lot Size
Property Price
LIST PRICE$999,000
EST. MARKET VALUE
$999,000
SUMMARY
This fully leased fourplex presents a High-Potential Investment Opportunity with a List Price of $1,050,000—positioned above the $935,452 Fair Market Value by -12%. Featuring a Condition Rating of 4, the asset benefits from a 2-year-old roof and recent exterior paint, though interiors remain dated. Located just 2 miles from USC, the property offers strong rental demand for student housing. This is a stable, income-producing asset ideal for Buy-and-Hold Investors or 1031 Exchange Buyers seeking immediate cash flow in a high-density market.
Estimated Market Value
$999,000
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 0 bd · 0 ba · 3,200 sqft · $312 | $999,000* List Price | 0 | 0 | 3,200 | $312 | - |
A 786 E 41st Sold 0 bd · 0 ba · 2,730 sqft · $275 · 0.3 mi | $750,000 | 0 | 0 | 2,730 | $275 | 0.3 mi |
B 725 E 40th Place Sold 0 bd · 0 ba · 2,135 sqft · $375 · 0.2 mi | $800,000 | 0 | 0 | 2,135 | $375 | 0.2 mi |
C 805 E 25th St Active 9 bd · 4 ba · 3,126 sqft · $286 · 0.6 mi | $895,000 List Price | 9 | 4 | 3,126 | $286 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1959, this fourplex is functional and fully occupied, benefiting from a newer roof (2 years old) and fresh exterior paint. However, the interiors are dated with popcorn ceilings and older cabinetry, and the exterior concrete driveway shows significant cracking, indicating a need for cosmetic updates and minor repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Investment Location
Situated approximately 2 miles from USC and the Icon Plaza student apartments, the property is positioned in a high-demand rental market ideal for student and faculty housing.
- Recent Capital Improvements
The property features a roof that is only two years old and fresh exterior paint, significantly reducing immediate maintenance costs and enhancing curb appeal for the new owner.
- Immediate Cash Flow
Currently 100% occupied with stable, long-term tenants, this fourplex offers a turnkey income stream suitable for seasoned investors or 1031 exchange buyers.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1959, the property may require future investments in aging plumbing, electrical, or mechanical systems typical of buildings from this era.
- Due Diligence Complexity
The 'do not disturb tenants' restriction and the requirement for the buyer to verify all permits and square footage may complicate the initial inspection and verification 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. 7 parking spaces. 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 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 3,200 | 2,090.331 |
| Lot Size | 5,250 | 5,852.908 |
| Price | $999.0K | $830.9K |
| Price per sq ft | $312 | $394 |
| Built year | 1959 | 1928 |
| HOA | $0 | $0 |
| Days on market | 122 | 87 |
Pricing History
Listed for Sale
Oct 28, 2026
$999,000
$1,050,000
-5% Price Drop
Initial Listing
Price Change
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