10361 Ashton Ave - Apartments FOR SALE


Los Angeles, CA 90024- Westwood
$2,295,000 USD
310-202-9166
10361 Ashton Ave, Los Angeles, CA for Sale
$2,295,000 USD
Apartments - FOR SALE
1/10
null | 3.64% Cap Rate

10361 Ashton Ave
Los Angeles, CA 90024
Westwood


HIGHLIGHTS

  • Prime Westwood Location
  • Neighboring 4 unit property (10357 Ashton Ave.) is also for sale. Both properties can be purchased together or individually
  • Excellent unit mix of five (5) spacious 1 BR + 1 Bath units
  • Value-add opportunity with below market rents
  • Shared center courtyard
  • Close proximity to Beverly Hills, Century City and UCLA

OVERVIEW

10361 Ashton Avenue is a five unit building on approximately 3,954 square feet of living space consisting of five residential units. 10361 Ashton Ave is being sold with the neighboring property 10357 Ashton Ave which is a 4 unit building. The properties can be sold together or individually. The unit mix for 10361 Ashton Ave includes five spacious one-bedroom/one-bathroom units appealing to a broad tenant base. Constructed in 1937, the building is of wood-frame and stucco construction and is positioned around a shared central courtyard. Like its neighboring parcel, the property is arranged around the shared central courtyard, enhancing tenant appeal and usability. This parcel is also situated on approximately 4,250 square feet of land and is zoned LARD1.5, making it well-positioned for continued strong rental demand and future value growth. 10361 Ashton is a trophy multi-family asset in a prime Westwood location, close to Beverly Hills, Century City & UCLA.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$653 USD /SF

# OF UNITS

5

PRICE/UNIT

$459,000

CAP RATE

3.64%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,326 SF

ZONING

LARD1.5

APN/PARCEL ID

4327-013-017

ASK ABOUT THIS PROPERTY

Errol SpiroMiller & Desatnik Realty Corp.More Info
310-202-9166

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Errol SpiroMiller & Desatnik Realty Corp.More Info
310-202-9166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.