8529 Cashio St - Apartments FOR SALE


Los Angeles, CA 90035- Pico-Robertson
$1,565,000 USD
213-305-9026
8529 Cashio St, Los Angeles, CA for Sale
$1,565,000 USD
Apartments - FOR SALE
1/11
null | 5.7% Cap Rate

8529 Cashio St
Los Angeles, CA 90035
Pico-Robertson


HIGHLIGHTS

  • Prime Pico-Robertson Location – Highly desirable, centrally located neighborhood with strong and consistent rental demand
  • 5-Unit Multifamily Asset – Well-balanced unit mix including (1) 1BD/1BA, (2) 2BD/1BA, and (2) 2BD/1.5BA units
  • Approx. 5,018 SF Improvements – Situated on a 6,001 SF LAR3-zoned parcel offering long-term flexibility
  • Completed Soft-Story Retrofit – Mandatory City of Los Angeles seismic retrofit fully completed, reducing future capital risk
  • Recent Capital Improvements – Roof and plumbing upgrades contribute to strong physical condition and operational stability
  • Westside Accessibility – Convenient access to Beverly Hills, Century City, and Culver City employment hubs

OVERVIEW

KW Commercial is pleased to present 8529 Cashio Street, Los Angeles, CA 90035, 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, supporting 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 represents a compelling opportunity to acquire a stable and well-positioned multifamily property in one of Los Angeles’ most sought-after rental neighborhoods.

FOR SALE DETAILS

PRICE

$1,565,000 USD

PRICE/SF

$312 USD /SF

# OF UNITS

6

PRICE/UNIT

$260,833

CAP RATE

5.7%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,011 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4303-033-018

ASK ABOUT THIS PROPERTY

Rich JohnsKW CommercialMore Info
213-305-9026

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Rich JohnsKW CommercialMore Info
213-305-9026

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.