4301 Ascot, Los Angeles, California 90011, Los Angeles, 90011 - bed, bath
ACTIVE$788,000$2,916/sqft
4301 Ascot, Los Angeles, California 90011
0Bed
0Bath
2,916Sqft
4,439Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Income Potential: 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.
Top Cons:
Lack of Garages: Despite onsite parking, the absence of garages may be a drawback for tenants seeking secure, covered parking, additional storage, or protection from the elements.
Compared to the nearby listings
Price:$788.0K vs avg $699.0K (+$89,000)69%
Size:2,916 sqft vs avg 2,076 sqft90%
Price/sqft:$270 vs avg $33721%
More Insights
Built in 1965 (61 years old).
Condition: 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age and the listed weakness of 'aging infrastructure,' strongly suggests that major systems and interior finishes are outdated and require substantial rehabilitation rather than minor updates.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.
Year Built
1965
Close
-
List price
$788K
Original List price
$788K
Price/Sqft
$270
HOA
-
Days on market
-
Sold On
-
MLS number
CV26006260
Home ConditionPoor
Features
View-
About this home
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.
S
Stuart Santana
Listing Agent
Nearby schools
4/10
Ascot Avenue Elementary School
Public,•K-5•0.2mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•0.5mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.5mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.6mi
2/10
Harmony Elementary School
Public,•K-5•0.6mi
2/10
Hooper Avenue Elementary School
Public,•1-5•0.7mi
2/10
Aurora Elementary School
Public,•K-5•0.8mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•0.8mi
2/10
Holmes Avenue Elementary School
Public,•K-6•0.9mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.9mi
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•1.1mi
5/10
Twentieth Street Elementary School
Public,•K-5•1.2mi
5/10
Lillian Street Elementary School
Public,•K-6•1.4mi
5/10
Estrella Elementary School
Public,•K-5•1.7mi
5/10
Pacific Boulevard School
Public,•K-5•1.8mi
3/10
George Washington Carver Middle School
Public,•6-8•0.6mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.7mi
6/10
Vernon City Elementary School
Public,•K-7•1.1mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.2mi
3/10
Thomas A. Edison Middle School
Public,•6-8•1.6mi
3/10
Henry T. Gage Middle School
Public,•6-8•2.5mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•0.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.3mi
5/10
Santee Education Complex
Public,•9-12•1.8mi
4/10
Huntington Park Senior High School
Public,•9-12•2.2mi
3/10
John C. Fremont Senior High School
Public,•9-12•2.7mi
5/10
STEM Academy of Boyle Heights HS
Public,•9-12•3.2mi
5/10
Felicitas And Gonzalo Mendez High
Public,•9-12•3.3mi
Price History
Date
Event
Price
09/01/22
Sold
$675,000
Condition Rating
Poor
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.
Pros & Cons
Pros
Strong Income Potential: 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.
Owner-Friendly Utility Structure: Each unit boasts separate meters for all utilities, a significant advantage for the owner as it minimizes operating expenses and simplifies property management.
Valuable Onsite Parking: 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.
Investment Upside & Recent Upgrades: Described as having 'some upgrades' and 'plenty of upside,' this property is positioned as a hassle-free investment ready for growth and potential appreciation.
Desirable Los Angeles Location: Situated in Los Angeles (90011), the property benefits from a robust rental market, strong tenant demand, and proximity to various amenities and schools, including highly-rated ones.
Cons
Lack of Garages: Despite onsite parking, the absence of garages may be a drawback for tenants seeking secure, covered parking, additional storage, or protection from the elements.
Age of Property (1965): 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'.
Limited Unit Configuration: 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.