Property listed by Marcus & Millichap, Eliyahu Appel 818-212-2700
$3,300,000
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… Read More 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. Read Less
Listing Snapshot
Days Online
103
Last Updated
Property Type
Other
Beds
14
Square Ft.
8,596
Lot Size
0.16 Acres
Year Built
1957
MLS Number
24450313
30 Days Snapshot Of 90048
$2,385k
0%
(avg) sold price
0
-100%
homes sold
151
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1957, Building area total: 8,596, Levels: Two, Living area: 8596, 2 stories, 1 building
Heating
WallFurnace
Income
Gross income: $212,988, Net operating income: $139,974
Lot
0.1607 acres, 6,998 square feet, Size: 6,998
Parking
6 totals parking, Covered
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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