Aerial view of an apartment complex at 8638 cashio st, with parked cars and greenery along the street on a clear day.

Closed Listing

8638 Cashio Street

8638 cashio st

sold in

Pico-Robertson

8

Number of Units

1963

Year Built

8,530

SF

Square Footage

8,674

SF

Lot Size

LAR3

Zoning

8638 Cashio St, Los Angeles, CA 90038

About the Property

8638 Cashio St features (6) 2-bdrm. units & (2) 2-bdrm. units, and (2) 1-bdrm. units. These bright and spacious units average approx. 1,000 SF. Please note, the units facing Cashio St. are equipped with balconies. Renovated units include quartz countertops, wood-laminate flooring, stainless-steel appliances, and more. 8638 Cashio is a value-add opportunity offering approx. 45% rental upside. The property will stabilize at a 7.96% CAP and 9.38 GRM at projected market rents. Please note, Unit 7 was rented in July 2024 for $3,125. 8638 Cashio is adjacent to Beverly Hills and Carthay Square, 2 exclusive neighborhoods under constant demand by high-income young professionals and families. The property is 1.1 miles from Wilshire Blvd, providing convenient access to the METRO Purple Line La Cienega Station (expected completion in 2025), and a wealth of financial, entertainment, healthcare, and law employers along Wilshire Blvd and the greater Beverly Hills area. For more active listings, please click here.

8

Number of Units

1963

Year Built

8,530

SF

Square Footage

8,674

SF

Lot Size

LAR3

Zoning

Price P/ Unit

$318,750

Price p/ Sq. ft.

$299

Proforma Cap Rate

8.68%

Contact

Sales agent

Modern apartment building at 8638 cashio st, with two levels, greenery in foreground, under a clear blue sky.
Modern apartment building at 8638 cashio st, with two levels, greenery in foreground, under a clear blue sky.
Modern apartment building at 8638 cashio st, with two levels, greenery in foreground, under a clear blue sky.
Modern apartment building at 8638 cashio st, with two levels, greenery in foreground, under a clear blue sky.
A two-story apartment complex at 8638 cashio st, with parking beneath, featuring large windows and a clear blue sky.
A two-story apartment complex at 8638 cashio st, with parking beneath, featuring large windows and a clear blue sky.
A two-story apartment complex at 8638 cashio st, with parking beneath, featuring large windows and a clear blue sky.
A two-story apartment complex at 8638 cashio st, with parking beneath, featuring large windows and a clear blue sky.
A sunny view of 8638 cashio st, with a large tree in the yard, surrounded by greenery and clear blue skies.
A sunny view of 8638 cashio st, with a large tree in the yard, surrounded by greenery and clear blue skies.
A sunny view of 8638 cashio st, with a large tree in the yard, surrounded by greenery and clear blue skies.
A sunny view of 8638 cashio st, with a large tree in the yard, surrounded by greenery and clear blue skies.
Aerial view of an apartment complex at 8638 cashio st, with palm trees and parked cars along a sunny street. Blue sky above.
Aerial view of an apartment complex at 8638 cashio st, with palm trees and parked cars along a sunny street. Blue sky above.
Aerial view of an apartment complex at 8638 cashio st, with palm trees and parked cars along a sunny street. Blue sky above.
Aerial view of an apartment complex at 8638 cashio st, with palm trees and parked cars along a sunny street. Blue sky above.

MEET THE TEAM

We make your life easier

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02054048

Max Berger

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.