8436 Blackburn Avenue, Los Angeles, CA 90048
Local realty services provided by:ERA North Orange County Real Estate
8436 Blackburn Avenue,Los Angeles, CA 90048
$2,995,000
- 12 Beds
- 10 Baths
- 7,008 sq. ft.
- Multi-family
- Active
Listed by: saadia 'sam' liberow
Office: marcus & millichap818-212-2700
MLS#:26995481
Source:CRMLS
Price summary
- Price:$2,995,000
- Price per sq. ft.:$427.37
About this home
This prime Beverly Grove investment offers a rare opportunity to acquire a stabilized, fully modernized 8-unit multifamily asset (7,008 SF) on the prestigious Blackburn Avenue. Perfectly positioned steps from the Golden Triangle, The Grove, and West Hollywood, the property features a mix of four 1+1 and four 2+1.75 units, all boasting modern finishes and separately metered utilities. A unique value-add component includes six units currently curated as specialized furnished housing for Cedars-Sinai medical professionals; this successful mid-term rental model has been operated by the current owner since 2018 with minimal downtime and high tenant retention. Located adjacent to the Beverly Connection - recently acquired by Cedars-Sinai for a $270M expansion - the property is poised to benefit from massive institutional growth and a permanent influx of high-income healthcare staff. Meticulously maintained and turnkey, this asset provides an exceptional cap rate and significant long-term upside in one of Los Angeles' most supply-constrained employment hubs....
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Home facts
- Year built:1957
- Listing ID #:26995481
- Added:4 day(s) ago
- Updated:October 06, 2026 at 11:19 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:10
- Living area:7,008 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1957
- Building area:7,008 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$427.37
Parking
- Total parking spaces:8
- Parking description:Garage, Tandem
- Garage:Yes
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