Los Angeles, CA90048
| 9576 sqft | MLS# 25571867
Tract:
For Sale $2,895,000
Description
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.
Facts
| Built in 1929 | Lot Size: 7142.00 sqft | HOA Dues: $0/month
Features
Listing provided by Michael Kamara, Lyon Stahl Investment Real Estate, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of July 30, 2025. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
