4301 Ascot, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This 1965 Quadruplex Asset represents a strategic Value-Add Opportunity in a high-demand Los Angeles rental corridor. Listed at $788,000, the property is positioned to capture the Strong Income Potential of its four 2-bedroom units, despite a $639,595 Fair Market Value estimation. Featuring Separate Utility Meters and Onsite Parking, the asset minimizes owner overhead while offering significant upside through modernization. With a Condition Rating of 5, it requires rehabilitation but benefits from proximity to Nava College Preparatory Academy, making it ideal for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4301 Ascot Subject | $788,000* List Price | 0 | 0 | 2,916 | $219 | - |
A 1241 E 43rd Sold | $555,000 | 0 | 0 | 2,362 | $235 | 0.2 mi |
B 1623 E. 33rd St Sold | $760,000 | 0 | 0 | 2,438 | $312 | 0.5 mi |
C 1212 E 54th Street Sold | $649,000 | 0 | 0 | 2,496 | $260 | 0.8 mi |
D 1423 E 52nd Active | $899,900 List Price | 0 | 0 | 2,836 | $317 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1965, this property is nearly 60 years old. While the description mentions 'some upgrades,' the exterior images reveal significant wear, faded paint, security bars on windows, and a general lack of maintenance, including clutter and an unkempt parking area. The absence of interior photos, coupled with the property's age and the listed weakness of 'aging infrastructure,' strongly suggests that major systems and interior finishes are outdated and require substantial rehabilitation rather than minor updates. It is not a tear-down as the structure appears sound, but it requires significant investment to bring it to a comfortable and modern standard.
This quadruplex features four 2-bedroom, 1-bathroom units, making it an excellent income-generating asset for investors seeking consistent rental revenue in a high-demand market.
Each unit boasts separate meters for all utilities, a significant advantage for the owner as it minimizes operating expenses and simplifies property management.
The availability of onsite parking spaces for all residents at the rear of the lot is a highly desirable amenity in Los Angeles, enhancing tenant satisfaction and property appeal.
Despite onsite parking, the absence of garages may be a drawback for tenants seeking secure, covered parking, additional storage, or protection from the elements.
Built in 1965, the property's age suggests potential for aging infrastructure (e.g., plumbing, electrical, roof) that could lead to higher maintenance costs or require significant capital expenditures in the future, even with 'some upgrades'.
All units are configured as 2 bedrooms and 1 bathroom, which might limit the tenant pool compared to properties offering more diverse unit sizes or additional bathrooms, potentially impacting rental flexibility.
Investment property located in Los Angeles. Property features four units with 2 bedrooms and 1 bathroom each. No garages, but onsite parking spaces are available for all residents at the rear of the lot. Property has some upgrades, and is ready for any owner looking for a hassle-free investment with plenty of upside. Each unit has seperate meters for ALL utilities--huge benefit for the Owner.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,916 | 2,028 | 88% |
| Lot Size | 4,439 | 5,288 | 21% |
| Price | $788.0K | $750.0K | 61% |
| Price per sq ft | $270 | $373 | 27% |
| Built year | 1965 | 1912 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 209 | 18% |
Jan 9, 2026
$788,000
Initial Listing
Sep 1, 2022
$675,000
Public Record