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- LoopNet Team
8336 Blackburn Ave
Los Angeles, CA 90048
7 Units in Beverly Grove · Build-to-Rent Property For Sale
·
7 Units
PROPERTY FACTS
| No. Units | 7 | Property Size | 6,898 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1956/2019 |
| Costar Property Class | C | Parking Allocation | 1.45/1,000 sq ft |
| Total Plot Size | 0.14 ac | ||
| Use Class | R3 | ||
| No. Units | 7 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.14 ac |
| Property Size | 6,898 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built/Renovated | 1956/2019 |
| Parking Allocation | 1.45/1,000 sq ft |
| Use Class | R3 |
AMENITIES
SITE AMENITIES
- Laundry Facilities
ABOUT 8336 BLACKBURN AVE , LOS ANGELES, CA 90048
7 unit apartment complex in the Beverly Grove neighborhood of Los Angeles. Built in 1956, this two story complex features four 1 bedroom 1 bath units, one 2 bedroom 1 bath unit, and two 2 bedroom 2 bath units. This PRIME location in Beverly Grove is just a short one block walk to the Beverly Center Shopping Mall and Beverly Connection to the west, and one block south of the abundance of restaurants, entertainment and shops that line 3rd Street! With a Walk-Score rating of 91, one doesn’t need a car for daily errands and many employers are within a few blocks walking distance including Cedar-Sinai Medical Center. Five of the seven units have recently been rehabbed (3 of them extensively) and rented at market rents. The property at list price is a 3.57% CAP rate on current rents. The 2 bedroom 2 bath units each have 2 tandem parking spaces and the remainder of the units have 1 parking space per unit and there is a laundry room onsite.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 4 | £1,550 | - |
| 2+1 | 1 | £2,500 | - |
| 2+2 | 2 | £2,925 | 900 |
PROPERTY TAXES
| Parcel Number | 5511-034-029 | Improvements Assessment | £198,260 |
| Land Assessment | £2,125,349 | Total Assessment | £2,323,609 |
PROPERTY TAXES
