Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-425-9838
$1,998,000
Positioned in the heart of Westwood, 10366 Ashton Ave stands out as the only four-unit multifamily opportunity on the West Side offered under $2 million. This well-maintained, income-producing asset features four spacious units across 3,005 SF with a great mix of two 2-bed units and two studios. The property is… Read More a short distance to UCLA. Why pay rent for your son or daughter? Buy a 4 Plex that makes money for them.
A core appeal for value-add investors lies in the two detached garages, offering potential for the conversion to up to Four (1+1) ADU units, capitalizing on recent LA zoning changes and maximizing allowable density. 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. The adjacent four at 10370 Ashton Ave, with a similar layout, is also available- upon request for buyers seeking scale or future assemblage, providing rare flexibility in portfolio planning.
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, 10366 Ashton Ave is perfectly positioned for both immediate yield and long-term appreciation in one of LA’s most desirable rental corridors Read Less
Listing Snapshot
Days Online
19
Last Updated
Property Type
Quadruplex
Lot Size
0.11 Acres
Year Built
1941
MLS Number
SB25258380
Additional Details
Appliances & Equipment
GasCooktop, GasOven, GasRange
Building
Built in 1941, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Biking, Golf, Hiking, Park, Suburban
Expenses
Insurance: $3,756, Operating: $36,771
Garage
4 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $105,555, Gross ScheduledIncome: $111,912, Net Operating Income: $71,783
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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