8323 Blackburn Ave, a 8 unit apartment building located in West Hollywood, a highly desirable area in Los Angeles, California. Built in 1929, the property consists of (6) two-bedroom + one-bathroom units and (2) two-bedroom + one-and-a-half bathroom units. The building is 9,576 gross square feet and sits on a 7,139 square foot lot.8323 Blackburn Ave is located on a charming, tree-lined street, situated in the heart of West Hollywood.Residents will benefit from the close proximity to trendy coffee shops, cafes, restaurants and retail shops.Just a short walk away is the Beverly Center and The Grove, two of LA's premier shopping destinations.This convenient location provides tenants with immediate access to La Cienega Blvd and Santa MonicaBlvd further extending the area's connectivity.8323 Blackburn Ave represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 4.68% with the ability to improve to a6.08% CAP rate once units turnover.
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| List Price | $2,895,000 |
| Property Type | Multi-Family |
| Usable Sqft | 9,576 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1929 |
| Last Sold | August 29, 2025 |
| Sold Price | 2,600,000 |
| APN # | 5511031005 |
| MLS # | 25571867 |
| Property ID | 291506916 |
| Lot Sqft | 7,142 |
| Zoning | LAR3 |
| Total Units | 8 |
| Date Updated | September 04, 2025 |
| Date Created | July 28, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.50 | $2,748 | $5,990 |
| Unit #2 | 2 | 1.00 | $2,289 | $17,370 |
| Gross Income (Yr) | $ 230,736 |
| Operating Expenses | $ 86,647 |
| Net Income (Yr) | $ 142,343 |
Michael Kamara an agent of . Lic #02062158
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT