Listings/10372 Ashton Ave
    10372 Ashton Ave - Photo 1
    multifamilyActive Listing

    10372 Ashton Ave

    Los Angeles, CA 90024

    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

    A Two-Bedroom unit is available for an owner-occupied buyer – Vacant
    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
    4.81% CAP & 15.18 GRM
    Premier Location: Walk to UCLA, Century City, & Westwood Village, high rental demand

    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.