8020 Blackburn Avenue
Los Angeles, CA 90048

  • – beds
  • – baths
  • – sqft
  • 6,250 sqft lot
  • 1960 build
  • on site

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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!

California Regional MLS logo Listed By CRMLS_CA / Dana Brody / Dana Brody

Last checked: Checking… • Last updated Apr 18, 2024 •

MLS# 21694732 —

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Sale history

Date Event Source Price % Change
5/28/21
Sold CRMLS_CA $2,925,000 -2.5%
4/5/21
Pending CRMLS_CA $3,000,000
2/19/21
Listed / Active CRMLS_CA $3,000,000

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Multifamily Sold on 5/28/2021

$2,925,000

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Listing provided by broker:

Dana Brody

Dana Brody

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and Dana Brody. Based on information from California Regional Multiple Listing Service, Inc. as of 15:28 on Apr 23.

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