Updated Aug 6, 2026
Micah Hiller Of Prime Rock Realty Represents Both Buyer And Seller In $2.75M Multifamily Sale
8638 Cashio Street
$2,750,000
$322/SF
Building Size
8,530 SF
Asset Type
MultiFamily
Closing
Jul 31, 2026
About this deal
AI
8-unit multifamily property located at 8638 Cashio Street in Los Angeles has been sold off market for $2,750,000. The property encompasses a total area of 8,530 square feet, translating to a price per unit of $343,750 and a price per square foot of $322.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,750,000
- Units: 8
- Square Footage: 8,530
- Price Per Unit: $343,750
- Price Per Square Foot: $322
- Date of Sale: 07/31/2026
- Broker: Micah Hiller - Prime Rock Realty
Micah Hiller of Prime Rock Realty represented both the buyer and seller in this transaction. The deal highlights the involvement of a broker well-acquainted with off-market opportunities, signaling potential future prospects in the area.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.77%
Cash-on-Cash
-1.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93