8323 Blackburn Ave Immeuble residentiel 8 lots 2 533 038 € (316 630 €/Lot) Taux de capitalisation 4,68 % Los Angeles, CA 90048

Michael Kamara of Lyon Stahl is pleased to present 8323 Blackburn Ave, a 8 unit apartment building
located in West Hollywood, a highly desirable area in Los Angeles, California. Built in 1929, the property
consists of (6) two-bedroom + one-bathroom units and (2) two-bedroom + one-and-a-half-bathroom
units. The building is 9,576 gross square feet and sits on a 7,139 square foot lot.
8323 Blackburn Ave is located on a charming, tree-lined street, situated in the heart of West Hollywood.
Residents will benefit from the close proximity to trendy coffee shops, cafes, restaurants and retail shops.
Just a short walk away is the Beverly Center and The Grove, two of LA’s premier shopping destinations.
This convenient location provides tenants with immediate access to La Cienega Blvd and Santa Monica
Blvd further extending the area’s connectivity.
8323 Blackburn Ave represents a unique value-add opportunity for investors due to the property’s
location and rental upside. The property offers a initial CAP rate of 4.68% with the ability to improve to a
6.08% CAP rate once units turnover.