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32444512
32444513

10372 Ashton Ave, Los Angeles, CA 90024 For Sale

CS
CA 02035763
Lyon Stahl Investment Real Estate
Listed by Lyon Stahl Investment Real Estate
$1,950,000
71 days on market
Updated 7 days ago

10372 Ashton Ave

Details
APN 4327-012-005
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,064
Units 4
Cap Rate 4.31%
NOI $83,988
Occupancy 50%
Tenancy Multi
Pro-Forma Cap Rate 12.71%
Pro-Forma NOI $247,843
Price per SqFt $636
Year Built 1940
Buildings 2
Stories 2
Lot Size (SqFt) 4,786
Zoning LARD1.5
Investment Type Value Add

Multifamily | 3.92% CAP | 4 Units

Marketing description

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.

Investment highlights

  • A Two-Bedroom unit is available for a owner occupied buyer - Vacant
  • Studio also delivered vacant at COE
  • Strong curb appeal; including Storage & On-Site Laundry
  • Strong Upside with 4 ADUs— Two separate garages at the rear offer a prime opportunity for ADU conversion, adding value and future income streams. 12.80% CAP & 6.53 GRM
  • Premier Location: Walk to UCLA, Century City, & Westwood Village, high rental demand

Listing Contacts

CS
CA 02035763
Lyon Stahl Investment Real Estate
Listed by Lyon Stahl Investment Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$83,988.00
$6,999.00/mo

Valuation Metrics

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DSCR
4.31%
Cap Rate
4.31%
ROI

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