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Spanish Duplex with ADU Plans

7932 Blackburn Ave, Los Angeles, CA 90048

For Sale
$1,700,000

Residential Income, Spanish, Los Angeles, CA

Property Size3,861 SF
Lot Size0.14 Acres
Price / SF$440.30
Days on Market97

Property Features for 7932 Blackburn Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 3
Parking 8
Parking features Garage, Open, Side By Side
Directions See google maps
Subdivision Beverly Center-Miracle Mile
Standard status Active
APN 5511-038-020
Size 3,861 SF
Lot size 0.14 Acres

Utilities

Heating system Gravity

Building Details

Year built 1936
Floors in Building 2
Number of units 2
Architectural style Spanish
Buildings 1
Listing Agency: Compass
Listed By: Or Brodsky · License CA #01960565
Added: Aug 11 Changed: Nov 14 Last Checked: Nov 15 at 12:06AM
MLS# 26871269

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Spanish-style duplex, built in 1936, contains 3,861 square feet of existing living area on a 0.1435-acre lot. The property includes six bedrooms and four bathrooms, with side-by-side, garage, and open parking. The lower residence is vacant, while the upper unit produces rental income, creating flexibility for an owner-occupant or continued two-unit operation.

Fully city-approved plans are in place for a 1,000-square-foot, two-story ADU at the rear of the property. The site is zoned LAR3 and is located near The Grove, the Original Farmers Market, Whole Foods, Trader Joe’s, and the Beverly Center corridor in Los Angeles. The address is 7932 Blackburn Ave, Los Angeles, CA 90048.

Key Highlights

  • 3,861 SF duplex on a 0.1435‑acre lot
  • Fully city‑approved plans for a 1,000 SF two‑story ADU
  • Lower unit to be delivered vacant; upper unit generates rental income

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$67,427
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,348,540 $1.3M
Cap Rate 7%
$963,243 $963.2K
Cap Rate 9%
$749,189 $749.2K
Market Conditions
NOI Build-Up for 3,861 SF
Gross rent
$104.2K $27.00/SF
− Vacancy
−$7.9K −$2.05/SF
EGI
$96.3K $24.95/SF
− OpEx
−$28.9K −$7.48/SF
NOI
$67.4K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,348,540
Cap Rate 7%
$963,243
Cap Rate 9%
$749,189

Alternative Uses

Best Use
Multifamily LT 5
$963.2K
$842.8K – $1.12M (±1% cap)
NOI $67,427 @ 7.0% cap · market cap 3.97%
Second Best
Apartment 5plus
$887.5K
$776.6K – $1.04M (±1% cap)
NOI $62,127 @ 7.0% cap · market cap 3.65%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,841 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

6,465
Businesses Nearby

Demographics for 90048, CA

22,604
Population
13,733
Households
1.6
Avg Household Size
39
Median Age
69%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
11,897
Density / Sq Mi
$104,227
Median Household Income
$83,951
Median Earnings
$2,359
Median Rent
$1,847,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Los Angeles, CA

$505 Jul
$513 Aug
$528 Sep
$521 Oct

Properties on Market for Duplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Owner-user setup with one vacant residence and rental income from the upper unit.
Where is this duplex located?
The property is located at 7932 Blackburn Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 3,861 SF duplex on a 0.1435‑acre lot; Fully city‑approved plans for a 1,000 SF two‑story ADU; Lower unit to be delivered vacant; upper unit generates rental income
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