RealKey
‪(213) 433-7766‬

7932 Blackburn Avenue, Los Angeles, California 90048, Los Angeles, 90048 - 6 bed, 4 bath

7932 Blackburn Avenue, Los Angeles, California 90048 home-pic-0
ACTIVE$2,250,000
7932 Blackburn Avenue, Los Angeles, California 90048
6Beds
4Baths
3,861Sqft
6,252Lot
Year Built
1936
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
$583
HOA
-
Days on market
-
Sold On
-
MLS number
25543775
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 33% below the list price. We found 3 Cons,6 Pros. Rank: price - $2.25M(37th), sqft - 3861(85th), beds - 6(94th), baths - 4(50th).

Charming Spanish-style duplex located in one of LA's most coveted neighborhoods. Each of the two units offers 3 bedrooms and 2 bathrooms. This property is also being sold with fully approved plans for a stylish remodel of the existing units plus the addition of a new, detached two-story ADU featuring 2 bedrooms and 2 bathrooms ideal for extended family, guests, or rental income. Situated just steps from the Grove, the Original Farmer's Market, Trader Joe's, and Whole Foods, this is an unbeatable location surrounded by top-tier retail, dining, and transit options. Includes two 2-car garages. The lower unit is currently vacant and easy to show. The upper unit is tenant-occupied and may be shown upon acceptance of an offer. Please do not disturb the tenants.

Nearby schools

7/10
Hancock Park Elementary School
Public,•K-5•0.1mi
5/10
Carthay Center Elementary
Public,•K-5•0.9mi
4/10
Rosewood Avenue Elementary School, School for Advanced Studies
Public,•K-6•1.0mi
9/10
West Hollywood Elementary School
Public,•K-5•1.9mi
8/10
Horace Mann Elementary School
Public,•K-8•1.1mi
3/10
Laurel Elementary School
Public,•K-8•1.3mi
7/10
John Burroughs Middle School
Public,•6-8•1.5mi
8/10
Beverly Vista Elementary School
Public,•K-8•1.9mi
3/10
Hubert Howe Bancroft Middle School
Public,•6-8•1.9mi
7/10
Fairfax Senior High School
Public,•9-12•0.9mi
9/10
Beverly Hills High School
Public,•9-12•2.8mi

Price History

Date
Event
Price
03/02/23
Sold
$1,700,000
Condition Rating
Fair
Built in 1936, this charming Spanish-style duplex retains much of its original character. The provided image shows well-maintained hardwood floors and freshly painted walls, but the light fixtures are basic and outdated, and the overall aesthetic is consistent with an older home that has not undergone a recent extensive renovation. The listing explicitly mentions 'fully approved plans for a stylish remodel of the existing units,' which strongly indicates that the current condition, particularly the kitchen and bathrooms (though not pictured), requires significant updates to meet modern standards. While the property appears functional and livable (one unit is tenant-occupied), it shows clear signs of being aged and in need of modernization, aligning with the 'fair' category.
Pros & Cons

Pros

Great Schools: Elementary School: West Hollywood Elementary School (9/10). High School: Beverly Hills High School (9/10).
Prime Location: Unbeatable location in a coveted Los Angeles neighborhood, steps from The Grove, Farmer's Market, Trader Joe's, and Whole Foods, offering unparalleled access to retail, dining, and transit.
Approved Development Plans: Includes fully approved plans for a stylish remodel of existing units and the addition of a new, detached two-story ADU, significantly de-risking future development and enhancing potential value.
Income-Generating Duplex: Features two 3-bedroom, 2-bathroom units, providing strong rental income potential or flexible multi-generational living options.
Ample Parking: Offers two 2-car garages (total 4 dedicated spaces), a highly desirable and valuable amenity in this urban Los Angeles area.
Partial Vacancy for Access: The lower unit is currently vacant, allowing for immediate owner occupancy or renovation commencement without tenant relocation challenges.

Cons

Significant Price Discrepancy: The current list price of $2.25M is substantially higher than the estimated property value of $1.49M, suggesting a premium for the approved plans and location that may require justification.
Tenant Occupancy Challenges: The upper unit is tenant-occupied, which may complicate showings, inspections, and possession for a buyer intending to occupy or renovate both units simultaneously.
Additional Renovation Investment: While development plans are approved, the extensive remodel and ADU addition will require a significant additional financial investment from the buyer beyond the purchase price.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state