8323 Blackburn Avenue
Los Angeles, CA, 90048
$2,895,000
Beds
0 Baths
SqFt
0.16 Acres
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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.

Property Details

Price:
$2,895,000
MLS #:
25571867
Status:
Active
Baths:
0
Address:
8323 Blackburn Avenue
Type:
Residential Income
Neighborhood:
c19beverlycentermiraclemile
City:
Los Angeles
Listed Date:
Jul 28, 2025
State:
CA
ZIP:
90048
Lot Size:
7,142 sqft / 0.16 acres (approx)
Year Built:
1929
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