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… Read More 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. Read Less
Property listed by KW Commercial Studio City, Nick Astrupgaard 310-259-7556
Listing Snapshot
Days Online
3
Last Updated
Beds
9
Square Ft.
5,018
Lot Size
0.14 Acres
Year Built
1955
MLS Number
26830061
Additional Details
Building
Built in 1955, Living area: 5018.0, 1 building, 2 stories, Levels: Two
Income
Gross Income: $134,704, Net Operating Income: $88,968
Lot
0.1378 acres
Parking
5 total parking spaces, Covered
Taxes
Parcel Number: 4303033018, Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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