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    716 Mcdonald Ave Los Angeles, CA 90744

    Sponsored
    For Sale
    $1,100,000

    Four-unit apartment building, high rental potential.

    Property size:
    3,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional four-unit apartment building presents a compelling investment opportunity in the desirable Los Angeles, CA market. Located at 716 McDonald Ave, 90744, this property boasts a total of 3,900 square feet of net rentable space, situated on a 6,201 square foot lot. Built in 1955, the building offers a mix of unit sizes, including two- and three-bedroom, one-bathroom units, and two-bedroom, one-bathroom units. The asking price is $1,100,000, translating to $275,000 per unit and $282.05 per square foot. This well-maintained property offers significant upside potential for rental income. The property is offered fee simple, providing complete ownership. Its location in Los Angeles County offers convenient access to local amenities and transportation. This is an excellent opportunity for investors seeking a stable, cash-flowing multifamily asset with potential for future appreciation in a thriving market. The property's strong unit mix and well-maintained condition make it an attractive investment for both seasoned and new investors. Serious inquiries are encouraged.

    Property Features for 716 Mcdonald Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    3,900 SF

    Building Details

    Year Built
    1955
    Units
    4

    HighLights

    • Exceptional four‑unit apartment building investment opportunity in Los Angeles, CA.
    • Located at 716 McDonald Ave, 90744, with 3,900 square feet of net rentable space on a 6,201 square foot lot.
    • Built in 1955, featuring a mix of two- and three‑bedroom units.
    • Asking price: $1,100,000 ($275,000 per unit, $282.05 per square foot).
    • Well‑maintained property with significant upside potential for rental income; offered fee simple.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.27147973381
    Latitude
    33.778577727302

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit apartment building, high rental potential.
    Where is this multifamily property located?
    The property is located at 716 Mcdonald Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Exceptional four-unit apartment building investment opportunity in Los Angeles, CA.; Located at 716 McDonald Ave, 90744, with 3,900 square feet of net rentable space on a 6,201 square foot lot.; Built in 1955, featuring a mix of two- and three-bedroom units.
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    716 Mcdonald Ave Los Angeles, CA 90744
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    Los Angeles, CA 90744
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    716 Mcdonald Ave Los Angeles, CA 90744
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