Los Angeles, CA 90048 8443 Blackburn Avenue

Pending
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Presented By: Eliyahu Appel with Marcus & Millichap;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 24450313
  • 10/14/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 14
  • Baths • 12
  • SQFT • 8,596

Home Details

New Price - We are pleased to present the exclusive listing of 8443 Blackburn Avenue. The property built in 1957, consists of ten units, totaling 8,596 rentable square feet on a 6,996 square foot lot. This 10-unit apartment building features a diverse unit mix, comprising four two-bedroom, one-and-a-half-bathroom units and six one-bedroom, one-bathroom units, catering to a variety of tenant needs and preferences. This well-maintained building includes essential amenities such as six dedicated parking spaces, providing convenient access for residents. The units are equipped with a combination of window and wall AC units, ensuring tenant comfort throughout the year. Safety features include emergency shut-off valves, enhancing the property's appeal to potential renters. Significantly, the building underwent a soft story retrofit in 2018, ensuring compliance with modern safety standards and enhancing the structural integrity of the property. This upgrade adds value and peace of mind for both current and prospective investors.8443 Blackburn Avenue is located in the vibrant and highly desirable neighborhood of West Hollywood, Los Angeles. This area is renowned for its eclectic blend of culture, entertainment, and urban living, making it an attractive destination for residents and visitors alike. The property is conveniently situated near a variety of amenities, including trendy boutiques, popular restaurants, and lively nightlife options. West Hollywood is home to iconic attractions such as the Sunset Strip, where residents can enjoy world-class entertainment and dining experiences. This location also offers easy access to major thoroughfares, providing seamless connectivity to other parts of Los Angeles, including Beverly Hills and Hollywood. Public transportation options are readily available, making commuting straightforward for those who prefer to travel without a vehicle. Nearby parks and recreational areas, such as Plummer Park and the beautiful Melrose Avenue, provide outdoor spaces for residents to relax and enjoy the Southern California sunshine. The neighborhood is known for its artistic vibe, with a mix of historic and modern architecture, contributing to a unique and vibrant community atmosphere. With its prime location and proximity to cultural hotspots, shopping, and dining, 8443 Blackburn Avenue is well-positioned to attract strong rental demand, making it a highly appealing investment opportunity in the competitive Los Angeles market.
Presented By: Eliyahu Appel with Marcus & Millichap;

Interior Features for 8443 Blackburn Avenue

Bedrooms

Total Bedrooms14

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2

General for 8443 Blackburn Avenue

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.12
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsBy the Beverly Center, Cedars-Sinai and blocks to Beverly HIlls
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income217334.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6998.0
Lot Size UnitsSquareFeet
MLS AreaC19 - Beverly Center-Miracle Mile
MobileHomeRemainsYNNo
Net Operating Income146061.0
New ConstructionNo
Number Of Units Total10
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Waterfront Y/NNo
Year Built1957
ZoningLAR3

Exterior for 8443 Blackburn Avenue

Building Area Total8596.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1607
Lot Size Area6998.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCovered
Private PoolNo
SpaNo
Total Parking6.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,850,000
MLS#24450313
List Date 10/14/2024
Property Type Pending
Phone 714.742.6515
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