A two-story multifamily bulding at 8006 blackburn ave, with red shutters and a clear blue sky in the background.

Closed Listing

9 Units Walking Distance to The Grove

8006 blackburn ave

sold in

Beverly Grove

9

Number of Units

1956

Year Built

6,016

SF

Square Footage

6,250

SF

Lot Size

LAR3

Zoning

8006 Blackburn Ave, Los Angeles, CA 90048

About the Property

8006 Blackburn Ave is a ten-unit value-add opportunity located in the heart of Beverly Grove, one of Los Angeles’ most consistently sought-after rental submarkets. Just one block south of West 3rd Street, and positioned between The Grove and the Beverly Center, 8006 Blackburn offers unbeatable walkability to high-end restaurants, cafés, retailers, and entertainment venues. This Beverly Grove multifamily asset features nine legal units plus one non-conforming studio, attracting strong long-term demand from high-income young professionals.

The unit mix is comprised of (8) one-bedroom units and (2) studio units, including one VACANT one-bedroom and one non-conforming studio that provides additional income potential. 8006 Blackburn presents a substantial value-add opportunity, with current rents significantly below market compared to renovated units in the neighborhood. Upgraded building systems include copper plumbing, new dual-pane windows, and completed soft-story seismic retrofit—offering a strong foundation for a future renovation strategy.

Set on a quiet tree-lined street, this Los Angeles multifamily property includes five tandem parking spaces, a shared laundry room, and a communal outdoor area that adds lifestyle appeal for tenants. The proximity to top-tier amenities like Erewhon, Jon & Vinny’s, and the boutiques along Melrose, West 3rd, and Beverly Blvd enhances the property’s positioning as a premium rental destination in a high-barrier-to-entry market.

8006 Blackburn is ideally suited for investors seeking a low-vacancy, long-term hold in one of LA’s premier rental corridors. With its prime location, below-market rents, and well-maintained physical plant, the property offers significant upside and long-term stability in the highly competitive Beverly Grove multifamily market.

9

Number of Units

1956

Year Built

6,016

SF

Square Footage

6,250

SF

Lot Size

LAR3

Zoning

8006 Blackburn Ave.
Beverly Grove / Melrose / Fairfax

Offering Price

$2,895,000

Number of Units

9 Units

Price per. Unit

$321,667

Bldg. Size

6,016 SF

Price per Foot

$481

Lot Size

6,250 SF

Year Built

1956

Current CAP

3.90%

Market CAP

7.71%

Zoning

LAR3

Price P/ Unit

$321,667

Price p/ Sq. ft.

$481

Proforma Cap Rate

7.71%

Contact

Sales agent

A multi-story income property at 8006 blackburn ave, with red accents and a driveway, surrounded by greenery and parked cars.
A multi-story income property at 8006 blackburn ave, with red accents and a driveway, surrounded by greenery and parked cars.
A multi-story income property at 8006 blackburn ave, with red accents and a driveway, surrounded by greenery and parked cars.
A multi-story income property at 8006 blackburn ave, with red accents and a driveway, surrounded by greenery and parked cars.
A sunny pathway at 8006 blackburn ave, lined with green plants and trees, leading alongside a white building.
A sunny pathway at 8006 blackburn ave, lined with green plants and trees, leading alongside a white building.
A sunny pathway at 8006 blackburn ave, lined with green plants and trees, leading alongside a white building.
A sunny pathway at 8006 blackburn ave, lined with green plants and trees, leading alongside a white building.
Cozy living room at 8006 blackburn ave, with wooden furniture, soft lighting, and decorative art on the walls.
Cozy living room at 8006 blackburn ave, with wooden furniture, soft lighting, and decorative art on the walls.
Cozy living room at 8006 blackburn ave, with wooden furniture, soft lighting, and decorative art on the walls.
Cozy living room at 8006 blackburn ave, with wooden furniture, soft lighting, and decorative art on the walls.
A bright living room at 8006 blackburn ave, featuring a red sofa, artwork on the walls, and large windows.
A bright living room at 8006 blackburn ave, featuring a red sofa, artwork on the walls, and large windows.
A bright living room at 8006 blackburn ave, featuring a red sofa, artwork on the walls, and large windows.
A bright living room at 8006 blackburn ave, featuring a red sofa, artwork on the walls, and large windows.

MEET THE TEAM

We make your life easier

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.