Eliyahu Appel, Listing Office: Marcus & Millichap
8436 Blackburn Ave Los Angeles, CA 90048
$3,650,000 List price
12 beds
10 baths
7,008 sqft
0.1 acres
$521 / sqft
House
Property details
About 8436 Blackburn Ave
Prime 8-unit investment opportunity on the market for the first time since 1996! With five units delivered vacant, this property offers immediate rental upside and flexibility. Featuring an assumable ~$1.7M loan at a competitive 3.94% interest rate, it's a rare find in a high-demand location near the Beverly Center. Don't miss this chance to own in one of Los Angeles' most coveted neighborhoods! Buyer must accommodate for the seller's 1031 exchange.
Highlights
Home typeOther
HeatingCentral, Wall Furnace
StatusActive
CoolingCentral Air
Size7,008 sqft
Lot size0.1435 Acres
Year built1957
ParkingAttached Carport
MLS #24468737
Attached garageYes
Summary
- MLS Number: 24468737
- MLS Name: CRMLS
- Office Name: Realty Investment Advisors, Inc.
- Listing Agent: Benjamin Lalezari
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/22/2025, 8:21:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,650,000
8436 Blackburn Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 18, 1996 | Home Sold | $500,000 |
| Nov 29, 1995 | Home Sold | $499,077 |
| Dec 20, 1989 | Home Sold | $217,500 |
| Dec 20, 1989 | Home Sold | $290,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $908,739 | $11,833 |
| 2020 | $899,422 | $11,501 |
| 2019 | $881,787 | $11,376 |
| 2018 | $864,498 | $11,103 |
| 2017 | $847,548 | $11,103 |
History based on county public records data.
Nearby schools
5
Rosewood Avenue Elementary
Public District KG-5
0.6 mi
•503 N Croft Ave
8
Hancock Park Elementary
Public District KG-5
0.8 mi
•408 S Fairfax Ave
5
Carthay School
Public Magnet KG-5
0.9 mi
•6351 W Olympic Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $100,266. Residents of Los Angeles, CA typically earn between $100k-200k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
23%
<35k
27%
35k-100k
33%
100k-200k
17%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
71%
Single, No Kids
4%
Single, with Kids
16%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
3%
12-17 yrs old
33%
18-34 yrs old
41%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Music Concerts
Live Theatre
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 8436 Blackburn Ave
This home is located at 8436 Blackburn Ave in Los Angeles, CA and zip code 90048 in the Central LA neighborhood. This 7,008 square foot home, which was built in 1957, sits on a 0.14 acre lot. Features: 12 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since December 3, 2024 and is currently priced at $3,650,000.
In December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. The number of homes for sale in Los Angeles, CA decreased by 5.3% between November and December 2024. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.