8546 Cashio Street

    Los Angeles (City), CA 90035
    • $2,800,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 20543654
    UPDATED: 78 min ago
    $2,800,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    We are pleased to present a six unit multifamily investment opportunity located in the highly sought after Pico-Robertson District. Known for its distinct community feel and positioning amongst affluent neighborhoods, the Pico-Robertson neighborhood has become one of the most desirable real estate markets in Los Angeles. Nestled between Beverly Hills, Culver City, and Beverlywood, the small and tight-knight community has become a millennial magnet. Originally built in 1953, 8546 Cashio St consists of 5,816 SF of living area and is situated on a large 7,180 SF lot. The property is zoned R3-1 with a tier 3 TOC bonus, allowing future development.The property consists of 2, Two-Bedroom/two-Bathroom units and 4 Two-Bedroom/One-Bathroom units. Tenants are attracted to the property given the fantastic location and various amenities offered which include balconies, spacious units, ample parking, and on-site laundry.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/102288383

    8546 Cashio Street Los Angeles (City), CA 90035

    • Price: $2,800,000
    • Status: Active
    • Updated: 78 min ago
    • ID#: 20543654
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1953
    Built
    Neighborhood:
    C09 - Beverlywood Vicinity
    County:
    Los Angeles
    Area:
    C09 - Beverlywood Vicinity
    Property Description
    We are pleased to present a six unit multifamily investment opportunity located in the highly sought after Pico-Robertson District. Known for its distinct community feel and positioning amongst affluent neighborhoods, the Pico-Robertson neighborhood has become one of the most desirable real estate markets in Los Angeles. Nestled between Beverly Hills, Culver City, and Beverlywood, the small and tight-knight community has become a millennial magnet. Originally built in 1953, 8546 Cashio St consists of 5,816 SF of living area and is situated on a large 7,180 SF lot. The property is zoned R3-1 with a tier 3 TOC bonus, allowing future development.The property consists of 2, Two-Bedroom/two-Bathroom units and 4 Two-Bedroom/One-Bathroom units. Tenants are attracted to the property given the fantastic location and various amenities offered which include balconies, spacious units, ample parking, and on-site laundry.
    Exterior Features

    Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances Dishwasher Appliances YN Yes Cooling Wall/Window Unit(S) Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Gross Income 172100.00 Gross Multiplier 16.95 Gross Operating Income 165236.00 Insurance Expense 2382.00 Maintenance Expense 3602.00 Net Operating Income 106920.00 Professional Management Expense 8580.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 16.66 Water Sewer Expense 9552.00 Zoning Lar3

    Listing provided courtesy of Aviel Golbari of Keller Williams Beverly Hills


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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