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10915 Ayres Avenue, Los Angeles, California 90064, Los Angeles, 90064 - 7 bed, 5 bath

10915 Ayres Avenue, Los Angeles, California 90064 home-pic-0
ACTIVE$2,990,000
10915 Ayres Avenue, Los Angeles, California 90064
7Beds
5Baths
4,000Sqft
7,413Lot

Price Vs. Estimate

The estimated value ($2,990,000) is $0 (0%) lower than the list price ($2,990,000). This property may be overpriced.

Key pros and cons

Top Pros:
Investment Opportunity: Triplex property offers multiple investment paths with solid upside potential, appealing to investors seeking rental income or owner-occupancy with rental income.
Top Cons:
Year Built: Built in 1946, the property may require ongoing maintenance and potential upgrades due to its age.

Compared to the nearby listings

Price:$2.99M vs avg $2.25M (+$740,000)75%
Size:4,000 sqft vs avg 1,964 sqft95%
Price/sqft:$748 vs avg $1.1K6%

More Insights

Built in 1946 (79 years old).
Condition: The property was built in 1946, but the description mentions that the front unit was recently renovated. The images show updated kitchens and bathrooms in some units, with modern appliances and fixtures. While some areas might show their age, the overall condition appears to be well-maintained and move-in ready, justifying a 'Good' score.
Year Built
1946
Close
-
List price
$2.99M
Original List price
$2.99M
Price/Sqft
$748
HOA
-
Days on market
-
Sold On
-
MLS number
25566249
Home ConditionGood
Features
Patio
View-

About this home

Rare opportunity to own a well-maintained triplex in Rancho Park. One of the most desirable pockets of West LA. This multi-unit property offers three separate residences, each with its own unique layout and charm. The front unit was recently renovated from the ground up, blending modern upgrades with comfortable, everyday living. All units have their own laundry, updated kitchens and baths, and get great natural light throughout the day. The top unit features a private rooftop patio with perfect for entertainment or relaxation. Just minutes away from Rancho Park Golf Course, shops, restaurants, bars and a major new UCLA development. Whether you choose to occupy one of the units and rent out the others or lease all three, this property offers multiple investment paths with solid upside potential."

Price History

Date
Event
Price
06/15/15
Sold
$1,350,000
Condition Rating
Good
The property was built in 1946, but the description mentions that the front unit was recently renovated. The images show updated kitchens and bathrooms in some units, with modern appliances and fixtures. While some areas might show their age, the overall condition appears to be well-maintained and move-in ready, justifying a 'Good' score.
Pros & Cons

Pros

Investment Opportunity: Triplex property offers multiple investment paths with solid upside potential, appealing to investors seeking rental income or owner-occupancy with rental income.
Prime Location: Located in Rancho Park, one of the most desirable pockets of West LA, offering proximity to amenities and attractions.
Multiple Units: Features three separate residences, providing flexibility for renting out all units or occupying one and renting the others.
Updated Units: All units have their own laundry, updated kitchens and baths, and get great natural light throughout the day.
Rooftop Patio: The top unit features a private rooftop patio, perfect for entertainment or relaxation, adding value and appeal.

Cons

Year Built: Built in 1946, the property may require ongoing maintenance and potential upgrades due to its age.
Lot Size: The lot size of 7413 sqft might be considered small for a triplex in this area, potentially limiting expansion possibilities.
Unknown Condition of Two Units: While the front unit is renovated, the condition of the other two units is not explicitly stated, potentially requiring further investment.

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