8436 Blackburn Ave, Los Angeles, CA 90048
8436 Blackburn Ave, Los Angeles, CA 90048
8436 Blackburn Ave, Los Angeles, CA 90048
9
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$3,250,000
Est. payment /mo
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12 Beds
10 Baths
7,008 SqFt
Price Dropped by $100K

8436 Blackburn Ave Los Angeles, CA 90048

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,008 sqft

Price per Sqft $463

MLS Listing ID 26667481

Bedrooms 12

Year Built 1957

Lot Size 6,251 Sqft

Acres 0.1435

Property Sub-Type Multi-Family

Property Description

A rare opportunity to acquire a highly sought-after 8-unit multifamily asset on Blackburn Avenue in the coveted Beverly Grove neighborhood, just steps from Beverly Hills' Golden Triangle, The Grove, and West Hollywood. This fully modernized 7,008 SF property consists of eight units (4 one-bedroom/one-bath and 4 two-bedroom/1.75-bath) and offers low vacancy, strong tenant demand, and a high in-place cap rate. The well-maintained building features modern finishes, separately metered utilities, and turnkey operations, providing ease of management for a new owner. Six of the eight units can be delivered vacant, offering immediate flexibility to continue the seller's proven furnished rental model (successfully operated remotely for five years with minimal downtime) or transition to long-term tenants. Located minutes from Cedars-Sinai Medical Center and adjacent to the Beverly Connection (which Cedars-Sinai just acquired for $270M), the property benefits from proximity to major employment hubs and ongoing institutional investment in the area, supporting strong rental demand and long-term upside.

Location

State CA

County Los Angeles

Area Beverly Center-Miracle Mile

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment None

Exterior

Parking Features Tandem

Garage Spaces 8.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

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8436 Blackburn Ave