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$ 1,565,000
Est. payment | /mo
5,018 SqFt
$ 1,565,000
Est. payment | /mo
5,018 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 5,018 sqft
Price per Sqft $311
MLS Listing ID CL26830061
HOA Y/N No
Year Built 1955
Lot Size 6,003 Sqft
Acres 0.1378
Property Sub-Type Other
Property Description
8529 Cashio Street, Los Angeles, CA 90035, is a 5-unit multifamily investment opportunity located in the highly desirable Pico-Robertson submarket. Built in 1955, the property consists of approximately 6,001 square feet of improvements situated on a 5,081 square foot LAR3-zoned parcel. The unit mix includes one (1) one-bedroom / one-bathroom unit, two (2) two-bedroom / one-bathroom units, and two (2) two-bedroom / one-and-a-half-bathroom units, appealing to a broad tenant base seeking larger, well-located apartments. The property offers investors a well-maintained asset with a strong physical foundation and clear long-term upside potential. Notably, the building has completed the City of Los Angeles mandatory soft-story seismic retrofit program, providing peace of mind and mitigating future compliance risk. Additional capital improvements include upgrades to the roof and plumbing systems, contributing to overall operational stability. Residents benefit from a highly walkable location, with a Walk Score of 88, and convenient access to a wide array of retail, dining, and lifestyle amenities along Pico Boulevard and Robertson Boulevard. The property is centrally located, with easy access to Beverly Hills, Century City, Culver City, and other major Westside employment centers, which supports consistent rental demand. The asset also features on-site parking for five vehicles, an increasingly valuable amenity in this dense, urban submarket. With its attractive unit mix and prime Pico-Robertson location, 8529 Cashio Street presents a compelling opportunity to acquire a stable, well-positioned multifamily property in one of Los Angeles' most sought-after rental neighborhoods.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 4303033018
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Listed by Nick Astrupgaard • KW Commercial Studio City
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