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.
Property Details
Property Features
Property Information:
Year Built: 1957
Stories: 0
Living Area: 7,008 SqFt
Listing Office:
Office Name: Realty Investment Advisors, Inc.
Listing Agent: Benjamin Lalezari
Interior Features
Interior Information:
Appliances: Dryer, Washer
Bedroom and Bathroom Information:
Total Bedroom Count: 12
Exterior Features
Parking Information:
Attached Garage: Yes
Parking: Attached Carport
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Heating: Central, Wall Furnace
Cooling: Central Air
Other
Directions Information:
Directions: North on La Cienega, East on Blackburn
Price Information
Listing Price Info
Price Summary:
List Price: $3,650,000
Price Per SqFt: $521/SqFt
Tax Information:
Annual Amount: $11,834
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.6M more than the Median Sold Price and $119/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24468737
Listing Office:
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: 12/4/2024, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 18, 1996
Oct 18, 1996Home Sold
$500,000
Nov 29, 1995
Nov 29, 1995Home Sold
$499,077
Dec 20, 1989
Dec 20, 1989Home Sold
$217,500
Dec 20, 1989
Dec 20, 1989Home Sold
$290,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,834
$908,739
2020
$11,501
$899,422
2019
$11,376
$881,787
2018
$11,103
$864,498
2017
$11,103
$847,548
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Rosewood Avenue Elementary
503 N Croft Ave
Distance between this listing and this school0.61 miles
Public District Grades KG-5
8
/10
Hancock Park Elementary
408 S Fairfax Ave
Distance between this listing and this school0.80 miles
Public District Grades KG-5
5
/10
Carthay School
6351 W Olympic Blvd
Distance between this listing and this school0.93 miles
Public Magnet Grades KG-5
Nearby Schools
8
/10
Horace Mann School
8701 Charleville Blvd
Distance between this listing and this school0.62 miles
Public District Grades KG-8
7
/10
Beverly Vista School
200 S Elm Dr
Distance between this listing and this school1.25 miles
Public District Grades KG-8
6
/10
Laurel School
925 N Hayworth Ave
Distance between this listing and this school1.27 miles
Public District Grades KG-8
Nearby Schools
3
/10
Whitman Continuation
7795 Rosewood Ave
Distance between this listing and this school1.03 miles
Public District Grades 9-12
6
/10
Fairfax High School
7850 Melrose Ave
Distance between this listing and this school1.13 miles
Public District Grades 9-12
8
/10
Larchmont Charter
1265 N Fairfax Ave
Distance between this listing and this school1.66 miles
The neighbors living near this home have an average income of $100,266. Most Los Angeles, CA residents have annual incomes between $100k-200k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8436 Blackburn Ave
What is the listing price of this property?
The listing price of 8436 Blackburn Ave property is $3,650,000.
What type of property is this?
The property 8436 Blackburn Ave is a house located in Los Angeles, California, 90048.
Is this property for sale now?
Active Listing: 8436 Blackburn Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,834 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 18, 1996 for $500,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 8436 Blackburn Ave has 12 bedrooms and 10 bathrooms.
What is the square footage of this property?
The property 8436 Blackburn Ave is 7,008 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8436 Blackburn Ave is 1957.
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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 03, 2024 and is currently priced at $3,650,000.
While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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. 
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