8436 Blackburn Ave - Apartments FOR SALE


Los Angeles, CA 90048
$3,650,000 USD
424-377-6001
8436 Blackburn Ave, Los Angeles, CA for Sale
$3,650,000 USD
Apartments - FOR SALE
1/10
null | 6.03% Cap Rate

8436 Blackburn Ave
Los Angeles, CA 90048


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$521 USD /SF

# OF UNITS

8

PRICE/UNIT

$456,250

CAP RATE

6.03%

% LEASED

62%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,251 SF

ZONING

R4-1, Los Angeles

APN/PARCEL ID

5511-033-027

ASK ABOUT THIS PROPERTY

Benjamin HsiangRealty Investment AdvisorsMore Info
424-377-6001

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Benjamin HsiangRealty Investment AdvisorsMore Info
424-377-6001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.