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8436 Blackburn Avenue

Los Angeles (City), CA 90048
  • $3,650,000
  • STATUS: Active
  • ON SITE: 146 Days
  • MLS #: 24468737
UPDATED: 41 min ago
$3,650,000
  • 12
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,008
    SQFT
  • $521
    $/SQFT
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Benjamin Lalezari of Realty Investment Advisors, Inc. () and Benjamin J. Hsiang of ()


Description

Prime 8-unit investment opportunity on the market for the first time since 1996! With five units delivered vacant, this property offers immediate rental upside and flexibility. Featuring an assumable ~$1.7M loan at a competitive 3.94% interest rate, it's a rare find in a high-demand location near the Beverly Center. Don't miss this chance to own in one of Los Angeles' most coveted neighborhoods! Buyer must accommodate for the seller's 1031 exchange.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/158460575
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8436 Blackburn Avenue Los Angeles (City), CA 90048

  • Price: $3,650,000
  • Status: Active
  • On Site: 146 Days
  • Updated: 41 min ago
  • MLS #: 24468737
12
Beds
0
Baths
0
½ Baths
0.14
Acres
7,008
SQFT
$521
$/SQFT
1957
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
Prime 8-unit investment opportunity on the market for the first time since 1996! With five units delivered vacant, this property offers immediate rental upside and flexibility. Featuring an assumable ~$1.7M loan at a competitive 3.94% interest rate, it's a rare find in a high-demand location near the Beverly Center. Don't miss this chance to own in one of Los Angeles' most coveted neighborhoods! Buyer must accommodate for the seller's 1031 exchange.
Exterior Features

Attached Garage YN Yes Carport YN Yes Parking Features Attached Carport Parking Total 0

Interior Features

Appliances DryerWasher Cooling Central Air Cooling YN Yes Heating CentralWall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 6.03 Gross Income 295277 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 220062 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 5 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Benjamin Lalezari of Realty Investment Advisors, Inc. () and Benjamin J. Hsiang of ()