8638 Cashio Street
$2,750,000
14
14
8,530
8,530
$322
Listed By Compass
Description
Built in 1963, 8638 Cashio 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,...Built in 1963, 8638 Cashio 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. In addition, 8638 Cashio is near the Beverly Hills Tennis Club and La Cienega Park & Recreation Center.
Listing Agents
Property Details for 8638 Cashio Street
Zoning
LAR3
Cross StreetsS. Sherbourne Dr. and Cashio St.
Parcel Number4303012030
Total Units8.0
Living Area8530
Source Living AreaVendor Enhanced
AreaBeverlywood Vicinity (C09)
Vacancy Rate0 Units
LISTING UPDATED: 08/20/2024 02:36 PM
Property Details for 8638 Cashio Street
Status | Active |
---|---|
MLS # | 24-430088 |
Days on Market | 30 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1963 |
Lot Size | 0.20 AC / 8,674 SF |
County | Los Angeles County |
Building Information for 8638 Cashio Street
Stories2Residences-Year Built1963Building Size-Lot Size0.20 AC / 8,674 SF
Property Information for 8638 Cashio Street
Property History for 8638 Cashio Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8638 Cashio Street
Taxable ValueLand$1,363,137Additions$468,571Total$1,831,708
Tax Record2023$23,014 ($1,918 / month)
Home Facts
Total Finished SqFt8,530 SqFtAbove Grade Finished SqFt8,530 SqFtLot Size8,672 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR3CountyLOS ANGELESAPN4303-012-030
Schools near 8638 Cashio Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Crescent Heights Boulevard Elementary School PublicK to 5 | ||
Daniel Webster Middle School Public6 to 8 | ||
Alexander Hamilton Senior High School Public9 to 12 | ||
Los Angeles Center For Enriched Studies Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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