8436 Blackburn Avenue, Los Angeles, California 90048

  • $3,250,000
  • $3,350,000
8436 Blackburn Avenue, Los Angeles, CA 90048
Active
8436 Blackburn Avenue, Los Angeles, California 90048
8436 Blackburn Avenue, Los Angeles, CA 90048
  • $3,250,000
  • $3,350,000

Description

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.

  • Address 8436 Blackburn Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90048
  • Country US

Details

Updated on June 1, 2026 at 5:44 pm
  • Property ID: 26667481
  • Price: $3,250,000
  • Property Size: 7008 Sqft
  • Land Area: 0.1435 Acres
  • Bedrooms: 12
  • Bathrooms: 10
  • Year Built: 1957
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Heating: Wall Furnace
  • County: Los Angeles
  • Property Type: Residential Income
  • Parking: Garage, Tandem

Contact Information

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Hoyt Hochman

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Hoyt Hochman
  • Hoyt Hochman