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Affordable MultiFamily Home at 10372 Ashton Avenue

Affordable MultiFamily Home at 10372 Ashton Avenue
FOR SALE
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$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

Download

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.

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Cameron Samimi
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Cameron Samimi

Senior Vice President

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Cameron Samimi
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Cameron Samimi

Senior Vice President

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