Duplex · 2 recorded sales since 2021
Listing Agent: Sungjin Kim (DRE #02155367) · Listing Office: Trinity One Realty · Contact: 949-923-8325 · Bought with: Selim Hoxha · Luxury 1 Agency · MLS #PW26024697 · Source: CRMLS
8711 Mckinley Place sold for $1,182,500 in August 2026, 1.4% under its $1,199,000 list price, after 167 days on the market. It was first listed at $1,350,000. Across 80 closed sales in 90002 over the last 12 months, the median sold price is $645,000 and the median is $555 per square foot.
| Quarter | Closed sales in 90002 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $617,450 |
| Q2 2026 | 37 | $625,000 |
| Q3 2026 | 31 | $660,000 |
| Q4 2026 | 4 | $852,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90002
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.
Listing description from the August 2026 sale, as reported to CRMLS.
Closed sales reported in 90002, nearest first, last 12 months. All recent sales in Los Angeles →