8443 Blackburn Ave, Los Angeles, CA 90048 - View 1
8443 Blackburn Ave, Los Angeles, CA 90048 - View 2
8443 Blackburn Ave, Los Angeles, CA 90048 - View 3

8443 Blackburn Ave, Los Angeles, CA 90048

Sale Price: $2,707,750
Oct 11, 20248,596 sqft14 beds12 baths
Listed by: Eliyahu Appel
License #: 01918652
Phone #: 818-212-2707
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 24450313

Property Description

New Price - 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 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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$40,146

TurboHome Estimated Value

$2,763,200

$321 sqft

High Valuation
$2,901,360
$338/sqft
Normal Valuation
$2,763,200
$321/sqft
Low Valuation
$2,625,040
$305/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$321/sqft$2,763,200

Neighborhood: Mid City West

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Comparative Value

$1.90M

$2.71M

$2.85M

527 N Orlando Ave, West Hollywood, CA 90048

Sale Price: $1,900,000

Selected Comparable

8443 Blackburn Ave, Los Angeles, CA 90048

Sale Price: $2,707,750

Selected Comparable

8443 Blackburn Ave, Los Angeles, CA 90048

List Price: $2,850,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
8443 Blackburn Ave, Los Angeles, CA 90048

8443 Blackburn Ave, Los Angeles, CA 90048

List: $2,850,000

Listed: 10/11/2024

Area:8,596 sqft
Price/sqft:$332
Beds:14
Baths:12
Year Built:
Lot Size:6,998

Comparable Properties

COMPARABLE
Choose comps
8443 Blackburn Ave, Los Angeles, CA 90048

8443 Blackburn Ave, Los Angeles, CA 90048

Sale: $2,707,750

5/6/20250.00 mi

Area:8,596 sqft
Price/sqft:$315
Beds:14
Baths:12
Year Built:
Weight:55.8%
527 N Orlando Ave, West Hollywood, CA 90048

527 N Orlando Ave, West Hollywood, CA 90048

Sale: $1,900,000

5/13/20250.58 mi

Area:8,041 sqft
Price/sqft:$236
Beds:14
Baths:13
Year Built:
Weight:44.2%

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