8443 Blackburn Ave Los Angeles, CA 90048-4153
Property profile & analytics
8443 Blackburn Ave Los Angeles, CA 90048-4153
- Apartment buildings
- 8,596 SF
- 0.16 lot acres
Property ID
US09-8197384
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 8443 Blackburn Ave
- Year built
- 1957
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 8,596 SF
- Zone code
- LAR3
- Property type
- Apartment buildings
- APN
- 5511-032-010
- APU
- 5511032010
Description
This 10-unit apartment building, located at 8443 Blackburn Ave, Los Angeles, CA 90048, presents a compelling investment opportunity. Built in 1957 and totaling 8,596 rentable square feet on a 6,996 square foot lot, the property boasts a diverse unit mix of four two-bedroom, one-and-a-half-bathroom units and six one-bedroom, one-bathroom units. Six dedicated parking spaces are available for residents. Each unit features either window or wall AC units. Safety features include emergency shut-off valves. A significant upgrade was completed in 2018: a soft story retrofit, ensuring compliance with current safety standards and enhancing structural integrity. The property's location in the desirable West Hollywood neighborhood offers easy access to major thoroughfares, public transportation, and numerous amenities, including restaurants, shops, and entertainment venues. The strong rental demand in this area, combined with the property's recent improvements and desirable unit mix, makes this a highly attractive investment. The asking price is $3,300,000, with a current NOI of $132,848 and a pro-forma NOI of $219,439. The price per unit is $330,000, and the building features two stories. The current cap rate is 4.03%, with a pro-forma cap rate of 6.65%.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.375
- Latitude
- 34.0725
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,411
$85,541
$169,393
$254,934
-
$0.00
$0.00
$0.00
