Affordable MultiFamily Home at 10372 Ashton Avenue
$2,095,000
10372 Ashton Avenue, Los Angeles, CA 90024
3,064 SF
Square Feet
$684
PPSF
4
Units
500.0K
PPU
3.92%
CAP
Property Description
Units
4 — PPU: 500.0K
NOI
$82,175
Cap Rate
3.92%
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.
Property Details
Asset Type
MultiFamily
Year Built
1940
Zoning
LARD1.5
Lot Size
4,786 SF
Neighborhood
UCLA
Submarket
Los Angeles
ZIP
90024
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$130,370
Debt Service Coverage Ratio (DSCR)
1.09x
Cap Rate
6.22%
Cash Flow (Annual)
$11,194
Cash-on-Cash Return
2.14%
Monthly Debt Service
$9,931
Annual Debt Service
$119,176
View on Map
Address
10372 Ashton Avenue
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Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.