$ 3,350,000
-
$3,350,000
Price -
12
Bed -
10
Bath -
7,008
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing X75151 - C119946
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.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
26667481
Year Built
1957
Total Square Footage
7,008
Lot/Acreage
0.14
County
Los Angeles
Interior Details
- Bedrooms: 12
- Bathrooms: 10 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Wall
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: LAR3
- Roof:
- Others:
- Sewer:
- Parking Features: Tandem
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
8436 Blackburn Ave Los Angeles, CA 90048
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
