Blackburn Avenue
Blackburn Avenue Los Angeles, California 90048 United States

$3,000,000
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Dana Brody

Listing Courtesy of Dana Brody
$3,000,000
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.14 Acres
Exterior
Residential Income
Property type
1960
Year Built
21694732
Web Id
21694732
MLS ID
Los Angeles Unified
School District
6
days ago

About Blackburn Avenue

Excellent 6-unit income property in A+location! The Villas at Blackburn - Six Units in Prime Beverly Grove! 8020 Blackburn Avenue offers today's location driven investor the rare opportunity to purchase a multi-unit investment property located in the heart of the best, most walkable neighborhoods all of Los Angeles - Beverly Grove. Grossing over $173,000 per year, 8020 Blackburn has the best of everything to offer an investor - an extremely desirable unit mix of 1, 2 and 3 bedroom units, a 95 Walkscore which consistently translates to strong demand, super stable income stream of nearly $14,500 per month and built-in upside from being located in a highly coveted area that only continues to get stronger! Built in 1960, 8020 Blackburn is a garden-style building totaling 5,535 square feet on a 6,250 square foot lot zoned R3. The property features two 1 bedroom, 1 bath units, two 2 bedroom, 2 bath units and two 3 bedroom, 2 bath units. Most units feature central air and heat, washer/dryers in unit as well as a community laundry facility on-site which is owner-owned. 8020 Blackburn offers a savvy investor the opportunity to purchase a stable, extremely well-located multi-family investment property with possible future re-development potential as it is a 6,250 SF R3 zoned lot. Walk to Sweetgreen, Comoncy, Little Door, Sweetfin, Farmer's Market and The Grove!

Listing Courtesy of Dana Brody, Savannah MLS

PROPERTY INFORMATION

Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Cooling
Central Air
Heating
Central
Parking Description
Community Structure
View
City Lights

ADDITIONAL INFORMATION

Number of Units
6
Listing Courtesy of Dana Brody