$1,990,000
6082 Cashio St
Details
APN 5068-005-028
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,470
Units 5
NOI $109,385
Price per SqFt $308
Year Built 1962
Stories 2
Lot Size (SqFt) 6,791
Zoning LARD 1.5
Investment Type Value Add
Multifamily | 5 Units
Marketing description
Exceptional 5-unit value-add opportunity in the heart of Pico-Robertson, one of the Westside's most desirable rental submarkets. 6082 Cashio Street offers a highly attractive unit mix with generously sized units, strong in-place income, and significant upside potential through rental repositioning, with current rents estimated to be over 50% below market. Adding to the appeal,TWO UNITS including the owner's unit WILL BE DELIVERED VACANT, providing immediate flexibility for an owner-user or investor seeking to capture market rents from day one. Offered at a compelling price per square foot, this property presents a rare opportunity to acquire a well-located asset with substantial income growth potential. Additional upside may also exist through ADU development, further enhancing long-term value and return potential. Ideally situated near premier dining, shopping, transit, and major Westside employment hubs, this is a standout opportunity for investors seeking both immediate stability and future upside. Property being sold As-Is.
Investment highlights
- Lot Size Acres: 0.1559
- Parking Features: Uncovered, Covered Parking, Tandem
- Operating Expense: 38278
Listing Contacts
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$109,385.00
$9,115.42/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
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