8638 Cashio St | Los Angeles, CA 90035
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8638 Cashio St
Los Angeles, CA 90035
(6) 2+2 & (2) 1+1 in Pico-Robertson · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Located just south of Pico Blvd and Robertson Blvd, this well-maintainedproperty is minutes from Beverly Hills and Carthay Square
- These bright and spacious units average approx. 1,000 SF. Please note, the units facing Cashio St. are equipped with balconies.
- Approx. 45% rental upside, 7.96% CAP and 9.38 GRM on projected market rents (Unit 7 was rented in July 2024 for $3,125).
- Built in 1963, the property features an enticing unit mix consisting of (6) 2- bdrm. and 2-bath units and (2) 1-bdrm. units.
- Renovated units include quartz countertops, wood-laminate flooring, stainless- steel appliances, and more.
- Property amenities include 5 tandem parking spaces, 4 single carports, and community laundry.
PROPERTY FACTS
| No. Units | 8 | Building Size | 8,530 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.06/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | LAR3 - Commercial | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 8,530 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.06/1,000 SF |
| Zoning | LAR3 - Commercial |
AMENITIES
UNIT AMENITIES
- Balcony
- Dishwasher
- Refrigerator
- Stainless Steel Appliances
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Recycling
- Public Transportation
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 6 | $1,628 | - |
| 1+1 | 2 | $1,935 | - |
PROPERTY TAXES
| Parcel Number | 4303-012-030 | Improvements Assessment | $510,000 |
| Land Assessment | $2,040,000 | Total Assessment | $2,550,000 |
PROPERTY TAXES
Parcel Number
4303-012-030
Land Assessment
$2,040,000
Improvements Assessment
$510,000
Total Assessment
$2,550,000
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