310-273-2846
10773 Ashton Ave, Los Angeles, CA for Sale
Apartments - FOR SALE
1/24
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10773 Ashton Ave
Los Angeles, CA 90024
Westwood


HIGHLIGHTS

  • Prime Westwood/Century City location surrounded by multi-million dollar homes
  • Large vacant duplex, with no relocation or tenant issues
  • Two (2) spacious 3-bed / 2-bath units with repositioning or redevelopment potential
  • Zoning: R3-1 | ED1 Eligible | AB 1287 Qualified
  • Significant development upside under various state and city incentive programs
  • Potential for a ~23-unit, 6-story mixed-income development under the Mixed-Income Housing Incentive Program (MIIP)

OVERVIEW

Creation Realty Corporation is proud to present 10773 Ashton Avenue, an exceptional investment and development opportunity in the prestigious Westwood corridor. Located minutes from UCLA, Westwood Village, Beverly Hills, and Century City, the property offers immediate access to one of the most supply-constrained and high-demand areas in Los Angeles. Delivered fully vacant, the existing duplex features two large 3-bedroomunits and sits on a generous R3-1 lot with eligibility for incentives under Executive Directive 1 (ED1), AB 1287, and other state and local Density Bonus programs. Investors may reposition the structure as high-end rentals and add detached ADUs, and/or convert the existing carport for additional income, creating an ideal value-add or owner-user strategy. Preliminary studies also suggest potential for a 23-unit, 6-story mixed-income development under the Mixed-Income Housing Incentive Program (MIIP), or a 28-unit, 6-story fully affordable project with no parking, assuming efficient layouts (Buyer to verify all). Alternate configurations with fewer, larger units are also viable. With strong zoning and ADU flexibility, this asset offers a rare and versatile opportunity in a marquee Westside location.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

2

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Westwood Multifamily Opportunity

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,007 SF

ZONING

LAR3

APN/PARCEL ID

4325-004-013

ASK ABOUT THIS PROPERTY

Yoav SarrafCreation PartnersMore Info
310-273-2846

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Yoav SarrafCreation PartnersMore Info
310-273-2846

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