8436 Blackburn Ave Los Angeles, CA 90048

$--

12 Beds
10 Baths
7,008 Sq.Ft.

Off Market

Map preview of 8436 Blackburn Ave, Los Angeles, CA 90048

Property Overview: 8436 Blackburn Ave Los Angeles, CA has 12 bedrooms, 10 bathrooms, 7,008 living square feet and 6,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8436 Blackburn Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 8436 Blackburn Ave

Last sold on March 17th, 2000

November, 2023
Nov 11, 2023

Date

Expired

CRMLS: 223004141

$4,299,000

Price
Oct 13, 2023

Date

Active

CRMLS: 223004141

$4,299,000

Price
Listing provided courtesy of CRMLS

eXp Commercial Proudly Presents, for the first time since 1996, a unique opportunity to acquire a highly sought-after multifamily asset on Blackburn Avenue--one of Los Angeles' most desirable streets, located in an equally coveted neighborhood Beverly Center/ Beverly Hills/ West Hollywood and the Grove.Why This Is a Not-to-Miss Investment:🔑 Significant Rental Upside: Capitalize on a thriving rental market with the potential for around $42,000 significant revenue growth. 🔑 Flexible Furnishing Options: Five of the units are fully furnished and can be delivered vacant to suit your investment strategy.🔑 Assumable Chase Bank Financing: Benefit from an assumable loan of approximately $1.7 million at a competitive interest rate of 3.94%, offering financial flexibility.(4) 1 bed 1 bath units(4) 2 bed 1 & 3/4 bath unitsParking included Key Features:1. Strategic Location: Situated in one of LA's most in-demand neighborhoods, offering excellent walkability and proximity to amenities. 2. Well-Maintained Property: Owned and managed by the same owners since 1996, ensuring a well-maintained asset.3. Flexible Terms: With assumable financing and furnished units, this property offers a variety of strategies for maximizing ROI.Don't miss this rare opportunity to diversify your portfolio with a premium asset in a prime location. With strong market dynamics and flexible financial options, 8436 Blackburn Avenue is poised to be a transformative investment.

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October, 2020
Oct 2, 2020

Date

Expired

CRMLS: 20613570

$1,995

Price
Aug 25, 2020

Date

Price Change

CRMLS: 20613570

$1,995

Price
Aug 4, 2020

Date

Active

CRMLS: 20613570

$2,195

Price
Listing provided courtesy of CRMLS

WALK TO BEVERLY CENTER / CEDARS SINAI / The Grove Lower units in 8-unit building.includes PARKING FULLY UPDATED,HARDWOOD FLOORS,UPDATED KITCHEN,OVEN , REFRIGERATOR, , PRIME LOCATION,CROWN MOLDINGS,TILE FLOORS,

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March, 2000
Mar 17, 2000

Date

Sold (Public Records)

Public Records

--

Price
October, 1996
Oct 18, 1996

Date

Sold (Public Records)

Public Records

$500,000

Price

Tax History for 8436 Blackburn Ave

Assessed Value (2020): $899,422

Year	Land Value	Improved Value	Assessed Value
2020	$477,819	$421,603	$899,422

About 8436 Blackburn Ave

Detailed summary of property

8436 Blackburn Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90048 and is currently off market. This property has 12 bedrooms, 10 bathrooms, roughly 7,008 living square feet, and sits on an approximately 6,250 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 8568 Burton Way #301, 6627 Lindenhurst Ave and 6511 Maryland Dr. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 8436 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 8436 Blackburn Ave

Public county record property details

Beds: 12
Baths: 10
Year built: 1957
Sq. Ft.: 7,008
Lot Size: 6,250
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 28
APN: 5511-033-027

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

$2,395,000

Median List Price/Sq.Ft.

$978

Median Sold Price

$1,300,000

Median Sold Price/Sq.Ft.

$757

Total Inventory

145

Median Sale to List Price %

100.01%

Avg Days on Market

Loan Type

Conventional (16.67%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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(714) 706-1823

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