For SaleRisky Deal6 days on market

8216 McConnell Ave

8216 McConnell Ave, Los Angeles, CA 90045, Los Angeles, CA 90045
$1,749,000
Estimate®:$1,717,900

Listing Price

Property image 1
8216 McConnell Ave, Los Angeles, CA 90045
Loc: Los Angeles, CA
Days Listed
6
Tax Assessed
$613k
Estimate®
$1718k
Market Rate
Lot Size
6,630 sqft
Rent Estimate
$5,452/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

Kentwood Elementary School

K-5
0.4 mi away
2

Orville Wright Engineering And Design Magnet

6-8
0.5 mi away
5

Westchester Enriched Sciences Magnet Health/Sports Medicine

9-12
1.1 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

ranch stylesingle-storystucco exteriorvertical sidingbay windowpalm treesmanicured lawncozycurb appealsuburbanasphalt shingle roofcovered porch

Haven AI Verdict

Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.02%
Total ROI
2.7%
Cash Flow
$-6,135/mo
DSCR
0.32
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-6,135/mo net cash flow with a 2.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Los Angeles, CA
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-10Listed for sale$1,749,000$1,168
1999-04-09Sold$357,500$239

Tax History

YearProperty TaxTax Assessment
2026$0$613,097
2025$7,517.03$601,076
2024$7,391.77$589,291
2023$7,255.14$577,737
2022$6,926.48$566,409
2021$6,836.52$555,304
2020$6,904.33$549,611
2019$6,904.33$538,835
2018$6,565.24$528,270
2017$6,565.24$517,913
2016$6,426$507,758
2015$6,276.28$500,132
2014$6,213.52$490,336
2012$0$478,550
2011$0$437,448
2010$0$434,180
2009$0$435,213
2008$0$426,681
2007$0$418,315
2006$0$410,114
2005$0$410,114
2004$0$394,190
2003$0$386,967
2002$0$379,380
2000$0$364,650
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,498
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 3b/2ba in Los Angeles
+18% vs. list
$
$67,410
75% Rule
Maximum Allowable Offer (MAO)
$1,480,455

Calculated as (75% × $2,063,820) − $67,410

Asking Price is $268,545 (15.4%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $1,480,455 based on $67,410 in required updates.
Current Asking Price:$1,749,000
Estimated ARV:$2,063,820
Estimated Renovation:$67,410
All-In Capital Basis (MAO + Rehab):$1,547,865
Projected Equity Margin:+$515,955
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $1,749,000[Observed] Rent: $5,452/mo[Estimated] Tax Rate: 0.75% (CA)[Estimated] Hazard Ins: $875/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.02%

NOI: $35,278/yr

Cash-on-Cash Yield
-18.3%

On $402,270 invested

DSCR Ratio
0.32x

Negative debt coverage

5-Yr Leveraged ROI
+2.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.75% of basis)-$383/mo
[Estimated]Homeowner / Hazard Insurance-$875/mo
[Defaulted]Vacancy Reserve (5% of rent)-$273/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$545/mo
[Defaulted]Property Management (8% of rent)-$436/mo
Total Pure Operating Expenses-$2,512/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,452/mo
Less: Operating Expenses-$2,512/mo
Net Operating Income (NOI)+$2,940/mo
Less: Debt Service (30yr @ 6.75%)-$9,075/mo
Net Cash Flow
$-6,135/mo
$-73,624/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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