8546 Cashio St, Los Angeles, CA 90035
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8546 Cashio St Los Angeles, CA 90035

$2,700,000 Sold Price as of 12/15/2020
  • 12 Beds
  • 8 Baths
  • 5,816 Sq.Ft.
Sold
$2,700,000 Sold Price as of 12/15/2020 Refinance Your Mortgage

Map preview of 8546 Cashio St, Los Angeles, CA 90035

Property Overview: 8546 Cashio St Los Angeles, CA has 12 bedrooms, 8 bathrooms, 5,816 living square feet and 7,181 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A well-maintained 6 unit property in one of the LA's most sought-after submarkets, South Robertson. Ideally located just West of La Cienega and South of Olympic - sandwiched between Pico/Robertson, Beverlywood and the 10 Fwy. Recent improvement: new, dual-pane windows, new 200 amp electrical, and all units have been rehabbed with granite in the kitchens, tile, laminate, ceiling fans and in-wall AC units. A seamless, easy acquisition for any investor type. And for developers: R3 with a Transit-Oriented Community density bonus allowing for 'more potential units than usual', due to proximity to light rail.

Listed by Brice Head | BRE #01330706 | Marcus & Millichap
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 139

Home details

Lot Sq. Ft
7,181
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20597426
City
Los Angeles
County
Los Angeles
Time on Site
1224 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $4,400
  • Pro Forma/Market Rent: $4,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,380
  • Total Rent: $2,380
  • Pro Forma/Market Rent: $2,475
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,340
  • Total Rent: $2,340
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,475
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,570
  • Total Rent: $2,570
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17.04
  • Gross Scheduled Income: --
  • Net Operating Income: $111,121
  • Gross Operating Income: $161,152
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8546 Cashio St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Parking Space
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 6
  • Parcel Number: 4303032003
Location / Neighborhood
Location Information
  • Directions: Take 10 Fwy, Exit La Cienega Blvd, take La Cienega N to Cashio and turn left.
View more facts & features

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Sale History for 8546 Cashio St

Last sold for $2,700,000 on December 15th, 2020
  • December, 2020

  • Dec 17, 2020

    Date

    Sold

    CRMLS: 20597426

    $2,700,000

    Price

  • Nov 16, 2020

    Date

    Pending

    CRMLS: 20597426

    $2,799,000

    Price

  • Jun 30, 2020

    Date

    Active

    CRMLS: 20597426

    $2,799,000

    Price

  • December, 2020

  • Dec 15, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,700,000

    Price

  • April, 2020

  • Apr 14, 2020

    Date

    Expired

    CRMLS: 20543654

    $2,800,000

    Price

  • Apr 13, 2020

    Date

    Withdrawn

    CRMLS: 20543654

    $2,800,000

    Price

  • Jan 14, 2020

    Date

    Active

    CRMLS: 20543654

    $2,800,000

    Price

  • Listing provided courtesy of CRMLS

    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.

  • June, 2009

  • Jun 16, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 8546 Cashio St

Assessed Value (2020): $1,297,119
Year Land Value Improved Value Assessed Value
2020 $840,727 $456,392 $1,297,119

Home Value Compared to the Market

This property vs the competition

8546 Cashio St sold on December 15, 2020 for 135.21% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $481.26 per/sqft which puts the price per square foot 36.26% lower than the current median sale per square foot for the city of Los Angeles.

About 8546 Cashio St

Detailed summary of property

8546 Cashio St is a multi family that recently sold in Los Angeles, CA 90035. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 5,816 living square feet, and sits on an approximately 7,181 square foot lot. 8546 Cashio St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,700,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 135.21% higher than the current median priced home. Local homes that are currently for sale include 924 S Orange Grove Ave, 8701 Olin St and 816 S Orange Grove Ave. While the average home in Los Angeles, CA is selling in 92 days, 8546 Cashio St has a days on market of 139 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 8546 Cashio St Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8546 Cashio St

Public county record property details
Beds
10
Baths
6
Year built
1953
Sq. Ft.
5,816
Lot Size
7,180
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
171
APN
4303-032-003

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$784
Median Sold Price
$1,465,000
Median Sold Price/Sq.Ft.
$843
Total Inventory
59
Median Sale to List Price %
104.64%
Avg Days on Market
35
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (23.08%), Other (7.69%)

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Related Resources to 8546 Cashio St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.