$10,000 Closing Credit¹
#WS25004924, JAMES YOUNG, Listing Office: PLATINUM ESTATE GROUP, INC
#SB25036159·
Listing Office: Lyon Stahl Investment Real Estate, Inc.·
Listing Agent: Aaron Jacobson·
Listing Office Phone: 310-729-1559
$1,495,000 List price
3438 Mckinley Ave Los Angeles, CA 90011
$10,000
Closing credit¹
0.2 acres
Condo
Property details
About 3438 Mckinley Ave
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 119% in Rental upside! Stabilizes at a 15.37% cap rate and 5.19 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 $169/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.
Highlights
Home typeCondominium
HeatingWall Furnace
StatusActive
Lot size0.1538 Acres
Year built1928
MLS #SB25036159
Summary
- MLS Number: SB25036159
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 729-1559
- Listing Agent: Aaron Jacobson
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/2/2025, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,495,000
3438 Mckinley Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 24, 2018 | Home Sold | $1,289,000 |
| May 25, 2016 | Home Sold | $1,050,000 |
| Nov 19, 2012 | Home Sold | $565,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,409,706 | $18,248 |
| 2023 | $1,382,066 | $17,912 |
| 2022 | $1,354,967 | $17,115 |
| 2021 | $1,328,400 | $16,867 |
| 2020 | $1,314,780 | $16,393 |
| 2019 | $1,289,000 | $14,223 |
| 2018 | $1,092,420 | $13,885 |
| 2017 | $1,071,000 | $13,885 |
History based on county public records data.
Nearby schools
3
Quincy Jones Elementary
Public District KG-5
0.1 mi
•900 E 33rd St
7
Synergy Charter Academy
Public Charter KG-5
0.1 mi
•900 E 33rd St
3
Wadsworth Elementary School
Public District KG-5
0.2 mi
•981 E 41st St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,289. Residents of Los Angeles, CA typically earn less than $<35k each year. Residents typically live in married, with kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
49%
<35k
34%
35k-100k
5%
100k-200k
12%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
28%
Single, No Kids
29%
Single, with Kids
9%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
13%
12-17 yrs old
30%
18-34 yrs old
31%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
H&M
Burlington
Where do the neighbors go to eat?
Jack In The Box
Boston Market
White Castle
What do the neighbors drive?
Nissan
Honda
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3438 Mckinley Ave
This home is located at 3438 Mckinley Ave in Los Angeles, CA and zip code 90011 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 18, 2025 and is currently priced at $1,495,000.
In February 2025, from all listings sold in Los Angeles, CA there were more than 212 sold above asking price, over 280 sold below and more than 105 were sold right at the asked price. Between January and February 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In February 2025 median list price was $989,396 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.