Search
8020 Blackburn Ave, Los Angeles, CA 90048
Image 2 for 8020 Blackburn Ave, Los Angeles, CA 90048
Image 3 for 8020 Blackburn Ave, Los Angeles, CA 90048
View Photos

8020 Blackburn Ave Los Angeles, CA 90048

$2,925,000 Sold Price as of 05/28/2021
  • 12 Beds
  • 10 Baths
  • 5,535 Sq.Ft.
Sold
$2,925,000 Sold Price as of 05/28/2021 Refinance Your Mortgage
Map preview of 8020 Blackburn Ave, Los Angeles, CA 90048

Property Overview: 8020 Blackburn Ave Los Angeles, CA has 12 bedrooms, 10 bathrooms, 5,535 living square feet and 6,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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!

Listed by Dana Brody | BRE #01429001 | Dana Brody
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
6,250
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21694732
City
Los Angeles
County
Los Angeles
Time on Site
1178 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,195
  • Total Rent: $4,190
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $4,145
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,150
  • Total Rent: $6,108
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.2
  • Gross Scheduled Income: --
  • Net Operating Income: $118,399
  • Gross Operating Income: $169,393
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8020 Blackburn Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Community Structure
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 6
  • Parcel Number: 5511037011
Location / Neighborhood
Location Information
  • Directions: 3rd Street to Crescent Heights, turn right and then left onto Blackburn
View more facts & features

Local Los Angeles Agent

Sale History for 8020 Blackburn Ave

Last sold for $2,925,000 on May 28th, 2021

  • May, 2021

  • May 29, 2021

    Date

    Sold

    CRMLS: 21694732

    $2,925,000

    Price

  • Apr 6, 2021

    Date

    Pending

    CRMLS: 21694732

    $3,000,000

    Price

  • Feb 19, 2021

    Date

    Active

    CRMLS: 21694732

    $3,000,000

    Price

  • February, 2002

  • Feb 8, 2002

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

Show More

Tax History for 8020 Blackburn Ave

Assessed Value (2020): $1,080,636
Year Land Value Improved Value Assessed Value
2020 $540,318 $540,318 $1,080,636

Home Value Compared to the Market

This property vs the competition

8020 Blackburn Ave sold on May 28, 2021 for 152.1% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $542.01 per/sqft which puts the price per square foot 28.21% lower than the current median sale per square foot for the city of Los Angeles.

About 8020 Blackburn Ave

Detailed summary of property

8020 Blackburn Ave is a multi family that recently sold in Los Angeles, CA 90048. This multi family property offered 12 bedrooms, 10 bathrooms, roughly 5,535 living square feet, and sits on an approximately 6,250 square foot lot. 8020 Blackburn Ave was first listed on ArdentRealEstateGroup.com on February 19, 2021. The homeowner sold the property for $2,925,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 152.1% higher than the current median priced home. Local homes that are currently for sale include 220 S Poinsettia Pl, 183 S Detroit St and 322 S Swall Dr. While the average home in Los Angeles, CA is selling in 93 days, 8020 Blackburn Ave has a days on market of 45 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 8020 Blackburn Ave Los Angeles, CA 90048 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8020 Blackburn Ave

Public county record property details
Beds
12
Baths
10
Year built
1960
Sq. Ft.
5,535
Lot Size
6,250
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5511-037-011

The source for these homes facts are from public records.

90048 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,550,000
Median List Price/Sq.Ft.
$1,070
Median Sold Price
$2,275,000
Median Sold Price/Sq.Ft.
$989
Total Inventory
128
Median Sale to List Price %
91.18%
Avg Days on Market
72
Loan Type
Conventional (9.52%), FHA (0%), VA (0%), Cash (9.52%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 8020 Blackburn Ave

Nearby Homes for Sale

126 S Kings Rd, Los Angeles, CA 90048
$2,395,000
20 Beds
10 Baths
4724 Sq.Ft.
126 S Kings Rd
Los Angeles, CA 90048
6511 Orange St, Los Angeles, CA 90048
$3,000,000
8 Beds
7 Baths
5216 Sq.Ft.
6511 Orange St
Los Angeles, CA 90048
358 N Ogden Dr, Los Angeles, CA 90036
$2,800,000
10 Beds
4 Baths
5486 Sq.Ft.
358 N Ogden Dr
Los Angeles, CA 90036
440 N Harper Ave, Los Angeles, CA 90048
$2,599,000
6 Beds
4 Baths
4249 Sq.Ft.
440 N Harper Ave
Los Angeles, CA 90048
434 N Ogden Dr, Los Angeles, CA 90036
$2,995,000
8 Beds
6 Baths
5222 Sq.Ft.
434 N Ogden Dr
Los Angeles, CA 90036
434 N Ogden Dr, Los Angeles, CA 90036
$2,995,000
8 Beds
6 Baths
5222 Sq.Ft.
434 N Ogden Dr
Los Angeles, CA 90036
816 S Orange Grove Ave, Los Angeles, CA 90036
$2,400,000
9 Beds
8 Baths
5727 Sq.Ft.
816 S Orange Grove Ave
Los Angeles, CA 90036
642 N Hayworth Ave, Los Angeles, CA 90048
$2,600,000
13 Beds
13 Baths
7374 Sq.Ft.
642 N Hayworth Ave
Los Angeles, CA 90048
648 N Hayworth Ave, Los Angeles, CA 90048
$2,850,000
12 Beds
13 Baths
7392 Sq.Ft.
648 N Hayworth Ave
Los Angeles, CA 90048
1034 Hi Point St, Los Angeles, CA 90035
$2,995,000
19 Beds
16 Baths
4692 Sq.Ft.
1034 Hi Point St
Los Angeles, CA 90035
461 N Vista St, Los Angeles, CA 90036
$2,500,000
6 Beds
4 Baths
4112 Sq.Ft.
461 N Vista St
Los Angeles, CA 90036
1074 S Genesee Ave, Los Angeles, CA 90019
$2,425,000
5 Beds
6 Baths
5054 Sq.Ft.
1074 S Genesee Ave
Los Angeles, CA 90019

Recently Sold Homes Near 8020 Blackburn Ave

8009 Blackburn Ave, Los Angeles, CA 90048
$1,650,000 Last Sold Price
4 Beds
3 Baths
2666 Sq.Ft.
8009 Blackburn Ave
Los Angeles, CA 90048
8006 Blackburn Ave, Los Angeles, CA 90048
$2,895,500 Last Sold Price
8 Beds
10 Baths
6016 Sq.Ft.
8006 Blackburn Ave
Los Angeles, CA 90048
8014 W 4th St, Los Angeles, CA 90048
$1,395,000 Last Sold Price
4 Beds
2 Baths
2817 Sq.Ft.
8014 W 4th St
Los Angeles, CA 90048
7949 Blackburn Ave, Los Angeles, CA 90048
$1,900,000 Last Sold Price
4 Beds
4 Baths
3073 Sq.Ft.
7949 Blackburn Ave
Los Angeles, CA 90048

Related Resources to 8020 Blackburn Ave

New Listings in 90048
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Refi Quote