10370 Ashton Ave - Apartments FOR SALE


Los Angeles, CA 90024- Westwood
$2,095,000 USD
310-259-7556
10370 Ashton Ave, Los Angeles, CA for Sale
$2,095,000 USD
Apartments - FOR SALE
1/20
null | 3.92% Cap Rate

10370 Ashton Ave
Los Angeles, CA 90024
Westwood


HIGHLIGHTS

  • A Two-Bedroom unit is available for a owner occupied buyer - Vacant
  • Additional Studio Unit will be vacant at COE
  • Premier Location: Walk to UCLA, Century City, & Westwood Village, high rental demand
  • Strong Upside with 4 ADUs— Two separate garages at the rear offer a prime opportunity for ADU conversion, adding value and future income streams. 11.8

OVERVIEW

10372 Ashton Ave! The most affordable home (4 unit) in Westwood! This impeccably located 4 unit building is ready for you to make it your own home. A 2 bedroom and one bath unit is vacant for a owner to occupy while receiving income from 3 other units requiring minimal mortgage payments. There is a second studio unit vacant at close of escrow. Once fully leased the property generates $10,000+ a month. Positioned in the heart of Westwood, 10372 Ashton Ave stands out as the most affordable 4 unit opportunity on the West Side. This well-maintained, income-producing asset features four spacious units across 3,064 SF with a great mix of two 2-bed units and two studios, and on-site laundry. The property is a short distance to UCLA. Why pay rent for your son or daughter? Buy a 4 Plex that makes them money. If you prefer value add turn this asset into a cash producing machine. The two detached garages, offer the potential for conversion to up to Four (1+1) ADU units, capitalizing on recent ADU laws. With rents and property values in Westwood up nearly 9% year-over-year, this offering lets a buyer secure stable cash flow with substantial upside. This location enables superior tenant retention and rental premiums, thanks to proximity to UCLA, Century City, Westwood Village, and key transit arteries. Turnkey, scalable, and rare in today’s inventory-starved Westside market, 10374 Ashton Ave is perfectly positioned for both immediate yield and long-term appreciation in one of LA’s most desirable rental corridors.

FOR SALE DETAILS

PRICE

$2,095,000 USD

PRICE/SF

$684 USD /SF

# OF UNITS

10

PRICE/UNIT

$209,500

CAP RATE

3.92%

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,786 SF

ZONING

LARD1.5

APN/PARCEL ID

4327-012-005

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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