Value-Add Four-Unit
For Sale
$949,000
Pending
4014 Mckinley Avenue, Los Angeles, CA 90011
Four-unit property with renovation and income potential near Downtown Los Angeles.
Property SizeContact for details
Days on Market190
Property Features for 4014 Mckinley Avenue
General Information
Standard status
Pending
Property subtype
Multi Family
Building Details
Year Built
1923
Listing Agency:
Century 21 A Better Service
(562) 806-1000
Listed By:
Elvis Huerta · License #02013961
(562) 479-3761
Source:
Exitrealty
Added: Mar 27
Changed: Sep 29
Last Checked: Sep 29 at 6:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 A Better Service
Investment Insights
Based on property information with market context.
This four-unit property offers a value-add opportunity for investors or owner-users. Located in the 90011 area, it is situated blocks from Downtown Los Angeles in a high-demand rental area. The property features three vacancies and fully renovated units, presenting immediate rental upside. Recent improvements include interior paint, updated flooring, newer windows, a new roof, new electrical lines, electrical boxes, new kitchens, water heaters, and copper water plumbing lines throughout. The location provides convenient access to the Los Angeles Memorial Coliseum and the University of Southern California, as well as employment, entertainment, and transportation hubs. The property also includes a large front parking area, offering convenience for tenants and the potential to attract higher rental income. This property offers investors the opportunity to reposition and maximize returns.
Key Highlights
- Three vacant, fully renovated units offer immediate rental upside and value‑add potential.
- Extensive recent renovations include a new roof, electrical lines/boxes, kitchens, water heaters, copper plumbing, flooring, windows, and interior paint.
- Located in a high‑demand rental area of 90011, blocks from Downtown Los Angeles.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,584
Businesses Nearby
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Business Placement
Demographics for 90011, CA
102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with renovation and income potential near Downtown Los Angeles.
Where is this quadplex located?
The property is located at 4014 Mckinley Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Three vacant, fully renovated units offer immediate rental upside and value‑add potential.; Extensive recent renovations include a new roof, electrical lines/boxes, kitchens, water heaters, copper plumbing, flooring, windows, and interior paint.; Located in a high‑demand rental area of 90011, blocks from Downtown Los Angeles.
