8153 Blackburn Ave, Los Angeles, CA 90048
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8153 Blackburn Ave Los Angeles, CA 90048

$2,600,000 Sold Price as of 10/12/2023
  • 11 Beds
  • 6 Baths
  • 7,884 Sq.Ft.
Sold
$2,600,000 Sold Price as of 10/12/2023 Refinance Your Mortgage

Map preview of 8153 Blackburn Ave, Los Angeles, CA 90048

Property Overview: 8153 Blackburn Ave Los Angeles, CA has 11 bedrooms, 6 bathrooms, 7,884 living square feet and 8,916 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Richard Ringer | BRE #01238308 | Richard J. Ringer Inc.
Last checked: 2 minutes ago | Last updated: October 25th, 2023 | Source CRMLS | DOM: 74

Home details

Lot Sq. Ft
8,916
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23277661
City
Los Angeles
County
Los Angeles
Time on Site
345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,338
  • Total Rent: $11,688
  • Pro Forma/Market Rent: $16,475
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,195
  • Total Rent: $2,195
  • Pro Forma/Market Rent: $2,795
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.51
  • Gross Scheduled Income: --
  • Net Operating Income: $102,074
  • Gross Operating Income: $168,498
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8153 Blackburn Ave

Interior Features
Heating Information
  • No Heating
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 6
  • Parcel Number: 5511029013
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: The property consists of two 2-story, wood frame and stucco apartment buildings, constructed in 1930's and have all the charm and character of the era; units feature beautiful original hardwood floors, crown molding, arched doorways, and balconies in select units. The units also have washer and dryer hookups and separate dining areas.
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Sale History for 8153 Blackburn Ave

Last sold for $2,600,000 on October 12th, 2023
  • October, 2023

  • Oct 12, 2023

    Date

    Sold

    CRMLS: 23277661

    $2,600,000

    Price

  • Jun 5, 2023

    Date

    Active

    CRMLS: 23277661

    $2,750,000

    Price

  • July, 2018

  • Jul 23, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 8153 Blackburn Ave

Assessed Value (2020): $143,641
Year Land Value Improved Value Assessed Value
2020 $104,217 $39,424 $143,641

Home Value Compared to the Market

This property vs the competition

8153 Blackburn Ave sold on October 12, 2023 for 131.09% 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 $348.81 per/sqft which puts the price per square foot 53.8% lower than the current median sale per square foot for the city of Los Angeles.

About 8153 Blackburn Ave

Detailed summary of property

8153 Blackburn Ave is a multi family that recently sold in Los Angeles, CA 90048. This multi family property offered 11 bedrooms, 6 bathrooms, roughly 7,884 living square feet, and sits on an approximately 8,916 square foot lot. 8153 Blackburn Ave was first listed on ArdentRealEstateGroup.com on June 6, 2023. The homeowner sold the property for $2,600,000. 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 131.09% higher than the current median priced home. Local homes that are currently for sale include 924 S Orange Grove Ave, 812 Alandele Ave and 8611 Rosewood Ave. While the average home in Los Angeles, CA is selling in 94 days, 8153 Blackburn Ave has a days on market of 74 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 8153 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 8153 Blackburn Ave

Public county record property details
Beds
11
Baths
6
Year built
1931
Sq. Ft.
7,884
Lot Size
8,916
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5511-029-013

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
$2,495,000
Median List Price/Sq.Ft.
$1,041
Median Sold Price
$2,275,000
Median Sold Price/Sq.Ft.
$989
Total Inventory
133
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%)

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Related Resources to 8153 Blackburn Ave

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.