8436 Blackburn Avenue, Los Angeles, CA 90048 (MLS # 26667481)
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This prime Beverly Grove investment offers a rare opportunity to acquire a stabilized, fully modernized 8-unit multifamily asset (7,008 SF) on the prestigious Blackburn Avenue. Perfectly positioned steps from the Golden Triangle, The Grove, and West Hollywood, the property features a mix of four 1+1 and four 2+1.75 units, all boasting modern finishes and separately metered utilities. A unique value-add component includes six units currently curated as specialized furnished housing for Cedars-Sinai medical professionals; this successful mid-term rental model has been operated by the current owner since 2018 with minimal downtime and high tenant retention. Located adjacent to the Beverly Connection - recently acquired by Cedars-Sinai for a $270M expansion - the property is poised to benefit from massive institutional growth and a permanent influx of high-income healthcare staff. Meticulously maintained and turnkey, this asset provides an exceptional cap rate and significant long-term upside in one of Los Angeles' most supply-constrained employment hubs.
| DAYS ON MARKET | 45 | LAST UPDATED | 4/22/2026 |
|---|---|---|---|
| YEAR BUILT | 1957 | COMMUNITY | C19 - Beverly Center-Miracle Mile |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Apr 22, '26 | $3,350,000 |
|---|---|
| Apr 22, '26 - Today | $3,250,000 |
| ADDITIONAL DETAILS | |
| AREA | C19 - Beverly Center-Miracle Mile |
|---|---|
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 6251 sq ft |
| LOT DIMENSIONS | 6251 |
| PARKING | Garage, Tandem |
| STORIES | Split/Multi Level |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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