10372 Ashton Avenue, Los Angeles, California 90024, Los Angeles, 90024 - bed, bath

10372 Ashton Avenue, Los Angeles, California 90024 home-pic-0
ACTIVE$1,998,000
10372 Ashton Avenue, Los Angeles, California 90024
0Bed
0Bath
3,064Sqft
4,785Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Westwood Location: Positioned in the heart of Westwood, the property benefits from proximity to UCLA, Century City, Westwood Village, and key transit arteries, ensuring high tenant demand, retention, and rental premiums.
Top Cons:
Tenant Occupancy & Restricted Access: The 'Do Not Disturb Tenants! Drive By Only' directive significantly limits immediate access for comprehensive property tours and due diligence, potentially complicating the sales process and assessment of all units.

Compared to the nearby listings

Price:$2.00M vs avg $2.00M (+$0)50%
Size:3,064 sqft vs avg 3,064 sqft50%
Price/sqft:$652 vs avg $65250%

More Insights

Built in 1940 (85 years old).
Condition: Built in 1940, this property shows signs of regular upkeep but lacks modern renovations. The visible kitchen features older white cabinets, a basic stove, and dated tile flooring. The bathroom has a pedestal sink and small white square tiles, indicating an older style. Heating is provided by wall-mounted units, not central HVAC. While the hardwood floors appear well-maintained and the paint is fresh, the overall aesthetic and key systems are outdated, requiring minor to moderate updates to meet contemporary standards. It is functional but not modern.
Year Built
1940
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$652
HOA
-
Days on market
-
Sold On
-
MLS number
SB25271796
Home ConditionFair
Features
Good View:
View

About this home

Do Not Disturb Tenants! Drive By Only | Call or Text to coordinate a tour for 10370 (Front Vacant Unit) - Supra Available Positioned in the heart of Westwood, 10372 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 3,064 SF with a great mix of two 2-bed units and two studios. The property is 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. 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, 10372 Ashton Ave is perfectly positioned for both immediate yield and long-term appreciation in one of LA’s most desirable rental corridors

Condition Rating
Fair

Built in 1940, this property shows signs of regular upkeep but lacks modern renovations. The visible kitchen features older white cabinets, a basic stove, and dated tile flooring. The bathroom has a pedestal sink and small white square tiles, indicating an older style. Heating is provided by wall-mounted units, not central HVAC. While the hardwood floors appear well-maintained and the paint is fresh, the overall aesthetic and key systems are outdated, requiring minor to moderate updates to meet contemporary standards. It is functional but not modern.
Pros & Cons

Pros

Prime Westwood Location: Positioned in the heart of Westwood, the property benefits from proximity to UCLA, Century City, Westwood Village, and key transit arteries, ensuring high tenant demand, retention, and rental premiums.
Significant Value-Add Potential: The two detached garages offer a substantial opportunity for conversion into up to four (1+1) ADU units, capitalizing on recent LA zoning changes and maximizing allowable density for increased income.
Rare Multifamily Opportunity: This is presented as the only four-unit multifamily opportunity on the West Side offered under $2 million, making it a rare and highly sought-after asset in an inventory-starved market.
Strong Income & Appreciation Potential: An income-producing asset with stable cash flow, supported by nearly 9% year-over-year rent and property value growth in Westwood, positioning it for both immediate yield and long-term appreciation.
Flexible Investment Strategy: The property offers flexibility for various investors, from those seeking immediate cash flow to buyers looking for scale or future assemblage in one of LA’s most desirable rental corridors.

Cons

Tenant Occupancy & Restricted Access: The 'Do Not Disturb Tenants! Drive By Only' directive significantly limits immediate access for comprehensive property tours and due diligence, potentially complicating the sales process and assessment of all units.
Property Age: Built in 1940, the property may require ongoing maintenance or updates to older systems (e.g., plumbing, electrical, HVAC) to ensure long-term competitiveness and efficiency.
Limited Transparency on Unit Interiors: Due to restricted access to occupied units, buyers have limited visibility into the current interior condition and potential renovation needs of all units, beyond the general 'well-maintained' description.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state