8436 Blackburn Avenue, Los Angeles, CA 90048

• 7,008 sqft

Property Description

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.

Listing Status:

Active

Date Added:

March 20, 2026

Data Last Updated:

May 20, 2026 at 7:06AM

Listing Office:

Marcus & Millichap : 818-212-2700

Listing Agent:

Saadia 'Sam' Liberow : 818-212-2795

MLS ID:

CL26667481

Interior

• Heating: Wall Furnace

Exterior

• Parking: Tandem

Location

• County: Los Angeles

Lot

• Zoning: LAR35511033027