Closed Listing
9 Units Walking Distance to The Grove
8006 blackburn ave
sold in
Beverly Grove
Sold At
$
2,895,000
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
Kenny Stevens Team is pleased to present 8006 Blackburn Ave, featuring nine well-maintained units (plus one non-conforming unit) located in a top LA rental neighborhood that attracts high-income young professionals. Residing one block south of W. Third Street (between The Grove & Beverly Center), these units are walking distance to a wide array of top-tier restaurants, luxury retailers and lively nightlife options. The property is comprised of (8) 1-Bdrm units and (2) studio units and has been upgraded with soft-story retrofit completion, copper plumbing and new windows. Please note, there is a VACANT 1-Bdrm. unit and a non-conforming studio unit. 8006 Blackburn presents a significant value-add opportunity, as current rents are way below market rates compared to renovated units in the area. Property amenities include a laundry room, five tandem parking spaces and a communal outdoor area.
9
Number of Units
1956
Year Built
6,016
SF
Square Footage
6,250
SF
Lot Size
LAR3
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$321,667
Price p/ Sq. ft.
$481
Proforma Cap Rate
7.71%
Contact
Sales agent
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