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Multifamily

8436 Blackburn Ave

8436 Blackburn Ave, Los Angeles, CA 90048

Listing Price: $3,250,000

Cap Rate
5.46%
Number of Units
8
GRM
11.71
Price/Unit
$406,250
Price/Gross SF
$463.76
Gross SF
7,008

Investment Overview

A rare opportunity to acquire a highly sought-after 8-unit multifamily asset on Blackburn Avenue in the coveted Beverly Grove neighborhood, just steps from Beverly Hills' Golden Triangle, The Grove, and West Hollywood. This fully modernized 7,008 SF property consists of eight units (4 one-bedroom/one-bath and 4 two-bedroom/1.75-bath) and offers low vacancy, strong tenant demand, and a high in-place cap rate. The well-maintained building features modern finishes, separately metered utilities, and turnkey operations, providing ease of management for a new owner. Six of the eight units can be delivered vacant, offering immediate flexibility to continue the seller's proven furnished rental model (successfully operated remotely for five years with minimal downtime) or transition to long-term tenants. Located minutes from Cedars-Sinai Medical Center and adjacent to the Beverly Connection (which Cedars-Sinai just acquired for $270M), the property benefits from proximity to major employment hubs and ongoing institutional investment in the area, supporting strong rental demand and long-term upside.

Investment Highlights

  • Turnkey & Stabilized Asset with Strong Cash Flow
  • 6/8 Units Can Be Delivered Vacant. Operate as furnished rental (like existing owner has for many years with great success) or transition to long-term rentals.
  • Proximity to Key Job Centers – Adjacent to Beverly Connection

Exclusively Listed By

  • Sam Liberow

    Senior Managing Director Investments

    (818) 212-2795

    Email Sam

    License(s): CA: 01933858, CA: 02031850

    Encino

Financing By

Multifamily

8436 Blackburn Ave

Listing Price: $3,250,000

Cap Rate
5.46%
Number of Units
8
GRM
11.71
Price/Unit
$406,250
Price/Gross SF
$463.76
Gross SF
7,008

Investment Highlights

  • Turnkey & Stabilized Asset with Strong Cash Flow
  • 6/8 Units Can Be Delivered Vacant. Operate as furnished rental (like existing owner has for many years with great success) or transition to long-term rentals.
  • Proximity to Key Job Centers – Adjacent to Beverly Connection

Investment Overview

A rare opportunity to acquire a highly sought-after 8-unit multifamily asset on Blackburn Avenue in the coveted Beverly Grove neighborhood, just steps from Beverly Hills' Golden Triangle, The Grove, and West Hollywood. This fully modernized 7,008 SF property consists of eight units (4 one-bedroom/one-bath and 4 two-bedroom/1.75-bath) and offers low vacancy, strong tenant demand, and a high in-place cap rate. The well-maintained building features modern finishes, separately metered utilities, and turnkey operations, providing ease of management for a new owner. Six of the eight units can be delivered vacant, offering immediate flexibility to continue the seller's proven furnished rental model (successfully operated remotely for five years with minimal downtime) or transition to long-term tenants. Located minutes from Cedars-Sinai Medical Center and adjacent to the Beverly Connection (which Cedars-Sinai just acquired for $270M), the property benefits from proximity to major employment hubs and ongoing institutional investment in the area, supporting strong rental demand and long-term upside.

Exclusively Listed By

  • Sam Liberow

    Senior Managing Director Investments

    (818) 212-2795

    Email Sam

    License(s): CA: 01933858, CA: 02031850

    Encino

Financing By

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