8315 Blackburn Ave, Los Angeles, CA 90048

8315 Blackburn Ave
Los Angeles, CA

1st time on the market since new! A special mid-century,10-unit lovingly maintained by the same family for almost 60 years. Red hot rental location. Just blocks to Beverly Hills, West Hollywood, The Grove, LACMA, or the new Metro Rail station slated to open next year at Wilshire and LaCienega. 8-1 bed/1bath units, 2-2 bed/2 bath units (each with balconies and gas fireplaces!). 6 units upgraded since 2015 with improvements including new quartz counter tops, installation of dishwashers, new appliances, new plumbing fixtures, new LED lighting, new flooring and upgraded electrical. All units have air conditioning and radiant heating systems provides even heat in each unit. On site laundry, plus additional storage. New roof. Soft story retrofit completed 2019. Secure parking, gated, with remotes as well as controlled access to the complex itself. Excellent cash flow now, with a conservatively estimated opportunity for 25% (+) upside!

Property Details

$4,299,000
List Price
22-201785
MLS Number
12
Beds
12
Baths
8,720
Square Feet
1964
Year Built
7151
Lot Size

Owned by the same family since new
Spectacular rental location
Radiant Heat and A/C in all units
On site laundry
Controlled access, gated parking
2 units with fireplaces and balconies
Spacious Floorplans

Owned by the same family since new
Spectacular rental location
Radiant Heat and A/C in all units
On site laundry
Controlled access, gated parking
2 units with fireplaces and balconies
Spacious Floorplans

Unit 1, 2bed/2ba 1,071 sqft.

Unit 2, 1bed/1ba 815 sqft.

Unit 3, 1bed/1ba 861 sqft.

Unit 4, 1bed/1ba 769 sqft.

Unit 5, 1bed/1ba 824 sqft.

Unit 6, 2bed/2ba 1071 sqft.

Unit 7, 1bed/1ba 815 sqft.

Unit 8, 1bed/1ba 861 sqft,

Unit 9, 1bed/1ba 769 sqft.

Unit 10, 1bed/1ba 824 sqft

Unit 1, 2bed/2ba 1,071 sqft.

Unit 2, 1bed/1ba 815 sqft.

Unit 3, 1bed/1ba 861 sqft.

Unit 4, 1bed/1ba 769 sqft.

Unit 5, 1bed/1ba 824 sqft.

Unit 6, 2bed/2ba 1071 sqft.

Unit 7, 1bed/1ba 815 sqft.

Unit 8, 1bed/1ba 861 sqft,

Unit 9, 1bed/1ba 769 sqft.

Unit 10, 1bed/1ba 824 sqft

Unit 1, 2bed/2ba 1,071 sqft.

Unit 2, 1bed/1ba 815 sqft.

Unit 3, 1bed/1ba 861 sqft.

Unit 4, 1bed/1ba 769 sqft.

Unit 5, 1bed/1ba 824 sqft.

Unit 6, 2bed/2ba 1071 sqft.

Unit 7, 1bed/1ba 815 sqft.

Unit 8, 1bed/1ba 861 sqft,

Unit 9, 1bed/1ba 769 sqft.

Unit 10, 1bed/1ba 824 sqft

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Lisa Hutchins