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Listed by: Saadia 'Sam' Liberow (818) 212-2795 DRE #01933858 | Marcus & Millichap (818) 212-2700
$2,995,000
Monthly Est:$14,907
12 Beds
10 Baths
7,008sqft
8436 Blackburn Ave, Los Angeles, CA 90048
$2,995,000
$14,907/moEst:
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Multi Family
Built in 1957
$-- HOA
6,251 sqft lot
$427/sq.ft
Description
This prime Beverly Grove investment offers a rare opportunity to acquire a stabilized, fully modernized 8-unit multifamily asset (7,008 SF) on the prestigious Blackburn Avenue. Perfectly positioned steps from the Golden Triangle, The Grove, and West Hollywood, the property features a mix of four 1+1 and four 2+1.75 units, all boasting modern finishes and separately metered utilities. A unique value-add component includes six units currently curated as specialized furnished housing for Cedars-Sinai medical professionals; this successful mid-term rental model has been operated by the current owner since 2018 with minimal downtime and high tenant retention. Located adjacent to the Beverly Connection - recently acquired by Cedars-Sinai for a $270M expansion - the property is poised to benefit from massive institutional growth and a permanent influx of high-income healthcare staff. Meticulously maintained and turnkey, this asset provides an exceptional cap rate and significant long-term upside in one of Los Angeles' most supply-constrained employment hubs.
- Houzeo last checked: 51 minutes ago
- Listing updated: October 9, 2026 at 7:15 am
- Source: California Regional MLS-CA | MLS#: 26995481
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1957
HOA Fees
-
Finished Area
7,008 sqft
Lot Size
6,251 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26995481
MLS Status
Active
Days on Market
7
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 12
Bathrooms: 10
Interior
Heating
Wall Furnace
Utilities & Energy
Parking Features
Garage, Tandem
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Price Decreased | $2,995,000 -7.85% $427/sqft |
04/22/2026 Source: | Listed for Sale | $3,250,000 -2.99% $464/sqft |
03/20/2026 Source: | Price Decreased | $3,350,000 -4.83% $478/sqft |
12/03/2024 Source: | Off Market | $3,520,000 -3.56% $502/sqft |
12/03/2024 Source: | Listed for Sale | $3,650,000 $521/sqft |
Carthay Ranks #35 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 02:30PM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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