13 days on rocket

8405 Mckinley Ave, Los Angeles, CA, 90001

$740,000

Home List Price

$8,788*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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8405 Mckinley Ave, Los Angeles$740,000

Buyer Closing Credits

$8,788*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1927
MLS #SR24075672
Lot Size0.12 Acres
StatusActive

About 8405 Mckinley Ave

This property is a fixer suited for a first-time, owner-occupied buyer who can qualify for an FHA 203K loan. This duplex is on a corner lot with lots of upside potential. Property needs some TLC so bring your imagination and tools to create your dream space. Centrally located with close proximity to Metro Rail servicing Los Angeles to Long Beach, the 110 and 105 Freeways, and minutes away from Downtown Los Angeles, USC, BMO Stadium, The Coliseum, Exposition Park, Future George Lucas Museum, Sofi Stadium, Hollywood Park, The Forum, Future Clippers Arena and LAX and many shops and amenities. This may be a gem hiding in plain sight.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 1

Listing Office:

  • Office Name: ABM Realty Group
  • Office Phone: (323) 481-5960
  • Listing Agent: Lanclot Maxwell

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.12 Acres

School Info

Assigned Schools Information:

  • John C. Fremont Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Charles Drew Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • South Park Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: East of Avalon, West of Central, North of Manchester and South of Florence

Price Information

Listing Price Info

Price Summary:

  • List Price: $740,000

Tax Information:

  • Annual Amount: $762
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

8405 Mckinley Ave vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$740,000

-$235.9K Less

KEY TAKEAWAY

This property is $235.9K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24075672

Listing Office:

  • Office Name: ABM Realty Group
  • Office Phone: (323) 481-5960
  • Listing Agent: Lanclot Maxwell

IDX 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: 4/29/2024, 4:20:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$762$47,278
2020$741$46,795
2019$695$45,878
2018$680$44,980
2017$680$44,099

History based on county public records data.

Payment Calculator

$3,761

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,285

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3224903
3
/10

  • South Park Elementary School

  • 8510 Towne Ave

  • 0.33 miles

  • Public District Grades KG-6

school-card-donut-3224904
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.70 miles

  • Public Magnet Grades KG-6

school-card-donut-3224905
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 17.25 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3224906
2
/10

  • Charles Drew Middle School

  • 8511 Compton Ave

  • 0.75 miles

  • Public Magnet Grades 6-8

school-card-donut-3224907
4
/10

  • Studio

  • 2211 W Avenue 30

  • 9.90 miles

  • Public District Grades 6-8

High School

school-card-donut-3224908
2
/10

  • John C. Fremont Senior High School

  • 7676 S San Pedro St

  • 0.69 miles

  • Public Magnet Grades 9-12

school-card-donut-3224909
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.89 miles

  • Public Magnet Grades 9-12

school-card-donut-3224910
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 20.97 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,811. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in single, with kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90001›8405 Mckinley Ave

This home is located at 8405 Mckinley Ave in Los Angeles, CA and zip code 90001 in the South LA neighborhood. This home, which was built in 1927, sits on a 0.12 acre lot. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $740,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. In March 2024 median list price was $975,970 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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