
10372 Ashton Ave
Valuation
$1,850,000
Valuation
$1,850,000
Key Specifications
Total Units
4
multifamily
Year Built
1940
Heritage Asset
Interior
3,064 SF
$604 / SF
Lot Area
4,786 SF
Unit Mix
multifamily
2x 2-Bed/1-Bath, 2x Studio/1-Bath
Investment Highlights
Property Overview
This impeccably located 4-unit building at 10372 Ashton Ave in Westwood presents a rare opportunity for both owner-occupancy and value-add investment. A 2-bedroom/1-bath unit is currently vacant, allowing an owner to live on-site while benefiting from income generated by the other three units. Additionally, a second studio unit is vacant at close of escrow, offering immediate rental upside. Once fully leased, the property is projected to generate over $10,000 per month. Positioned in the heart of Westwood, this well-maintained asset features four spacious units totaling 3,064 SF, comprising two 2-bedroom units and two studios, along with on-site laundry facilities. The property is conveniently located a short distance from UCLA, making it an attractive option for students or faculty. The two detached garages offer significant potential for conversion into up to four ADU units, capitalizing on recent ADU laws and further enhancing income streams. With rents and property values in Westwood experiencing nearly 9% year-over-year growth, this offering provides stable cash flow and substantial upside potential. Its prime location ensures superior tenant retention and rental premiums due to proximity to UCLA, Century City, Westwood Village, and major transit arteries. This turnkey, scalable, and rare property is perfectly positioned for immediate yield and long-term appreciation in one of Los Angeles's most desirable rental corridors.
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