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$3,250,000   Price Analysis
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8020 Blackburn Ave
Los Angeles, CA 90048
12 bed 10 bath 5,535 SqFt ($587/SqFt)
6,252SqFt lot. Built 1960
Listed 2024-06-07, Taxes $35,876
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

8020 Blackburn Ave.

Is one-of-a-kind property that boasts an excellent mix of 6 units in this coveted area of Beverly Grove. This property is located a few steps away from the 3rd Street Restaurant Row and a short walk to th famous Grove Shopping Center. The property features bright and sizeable 1, 2 and 3 bedrooms with 2 automatic gates for added security.

One of 2-bedroom units has recently been vacated by a long-term tenant and is awaiting for your imagination and personal touch that will turn into more profit for you. This is an investor's dream and don't miss this fantastic opportunity as it may not last long!


Presented by Kenneth Lee at
GMR Property Investment & Management Inc.


Property MLS #24-401545 from TheMLSCLAW

Bedrooms: 12

Total Bathrooms: 10
Full Bathrooms: 10

Gas
Laundry Facilities: Community
Laundry Features: Community

Cooling Features: Central
Heating Features: Central

Flooring: Laminate

Covered Spaces: 7
Garage Description: Carport
Parking Total: 6

Lot Size Acres: 0.1435262
Lot Size Dimensions: 50x125
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6252

View: City
Other Equipment: Ceiling Fan, Dishwasher, Garbage Disposal
Security Features: Automatic Gate

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 6
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 7000, 2 BedsTotal: 2, 2 BathsTotal: 2, 2 SquareFeet: 5950, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 4350

Tenant Pays: Seismic Retrofit

Balcony
Source Listing Status: Active
County: Los Angeles
Cross Street: Crescent Heights and 3rd Street
Directions: Please follow navigation.
Source Property Type: Residential Income
Area: Beverly Center-Miracle Mile
Source Neighborhood: Beverly Center-Miracle Mile
Owner Pays: Water, Gas
Parcel Number: 5511-037-011
Postal Code Plus 4: 4449
Zoning: LAR3
Management Company: Propertylink
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$555,900 + $2,427,600
$2,983,500
$35,876
2021$545,915 + $545,915
$1,091,830
$13,889
2020$540,318 + $540,318
$1,080,636
$14,020
2019$529,724 + $529,724
$1,059,448
$13,493
2018$519,338 + $519,338
$1,038,676
$13,347
2017$509,155 + $509,155
$1,018,310
$13,028
2016$499,172 + $499,172
$998,344
$12,695
2015$491,674 + $491,674
$983,348
$12,518
2014$482,043 + $482,043
$964,086
$12,591
2013$479,865 + $479,865
$959,730
$12,576
2012$470,456 + $470,456
$940,912
$12,741
2010$461,232 + $461,232
$922,464
$12,399
2009$458,873 + $458,873
$917,746
$11,952
2009$457,785 + $457,785
$915,570
$11,952
2008$449,876 + $449,876
$899,752
$11,457
2007$441,055 + $441,055
$882,110
$11,077

Listed 2024-06-07
$3,250,000
TheMLSCLAW
Sold 2021-05-28
$2,925,000
TheMLSCLAW
Listing removed 2014-01-25
$2,495
WestsideRentals
Listed for rent 2014-01-07
$2,495
WestsideRentals
Listing removed 2013-12-28
$2,650
WestsideRentals
Price Changed for rent 2013-12-17
$2,650
WestsideRentals
Listed for rent 2013-12-12
$0
WestsideRentals
Sold 2002-02-08
$800,000
Public Record
Sold 1989-10-24
$573,000
Public Record
Sold 1987-02-19
$467,500
Public Record
Sold 1986-12-29
$467,500
Public Record

Net Operating Income: 140546

Total Square Feet Living: 5535
Year Built: 1960
Direction Faces: North
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 64
Property Condition: Updated/Remodeled
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Sewer: In Street

Hancock Park Elementary School is a public elementary school located approximately 0.2 miles away.
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Fairfax Senior High School is a public high school located approximately 0.9 miles away.
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John Burroughs Middle School is a public middle school located approximately 1.7 miles away.
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Perutz Etz Jacob Hebrew Academy is a private elementary and middle school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.