8323 Blackburn Avenue, Los Angeles, CA 90048
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8323 Blackburn Avenue,Los Angeles, CA 90048
$2,895,000
- 16 Beds
- 9 Baths
- 9,576 sq. ft.
- Multi-family
- Pending
Listed by:michael kamara
Office:lyon stahl investment real estate, inc.
MLS#:25571867
Source:CRMLS
Price summary
- Price:$2,895,000
- Price per sq. ft.:$302.32
About this home
8323 Blackburn Ave, a 8 unit apartment building located in West Hollywood, a highly desirable area in Los Angeles, California. Built in 1929, the property consists of (6) two-bedroom + one-bathroom units and (2) two-bedroom + one-and-a-half bathroom units. The building is 9,576 gross square feet and sits on a 7,139 square foot lot.8323 Blackburn Ave is located on a charming, tree-lined street, situated in the heart of West Hollywood.Residents will benefit from the close proximity to trendy coffee shops, cafes, restaurants and retail shops.Just a short walk away is the Beverly Center and The Grove, two of LA's premier shopping destinations.This convenient location provides tenants with immediate access to La Cienega Blvd and Santa MonicaBlvd further extending the area's connectivity.8323 Blackburn Ave represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 4.68% with the ability to improve to a6.08% CAP rate once units turnover.
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Home facts
- Year built:1929
- Listing Id #:25571867
- Added:27 day(s) ago
- Updated:August 27, 2025 at 07:26 AM
Rooms and interior
- Bedrooms:16
- Total bathrooms:9
- Living area:9,576 sq. ft.
Structure and exterior
- Year built:1929
- Building area:9,576 sq. ft.
- Lot area:0.16 Acres
Finances and disclosures
- Price:$2,895,000
- Price per sq. ft.:$302.32
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