Share This Listing

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

10357 Ashton Ave 4 Unit Apartment Building $2,050,000 ($512,500/Unit) 3.49% Cap Rate Los Angeles, CA 90024

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Exceptional Westwood location near Wilshire Boulevard, Beverly Hills, and Century City.
  • Excellent unit mix of (2) 2 BR + 2 Bath & (2) 1 BR + 1 Bath units appealing to a broad tenant base.
  • Shared central courtyard enhances property appeal and tenant experience.
  • Neighboring 5-unit property (10361 Ashton Ave.) is also for sale. Both properties be purchased together or individually.
  • Value-add opportunity with below market rents. Strong rental demand supported by proximity to UCLA, major employment hubs, and cultural amenities.
  • Additional non-conforming studio above garages offers ADU conversion potential for added income.

Executive Summary

10357 Ashton Avenue is a four unit building on approximately 3,320 square feet of living space across four residential units. 10357 Ashton Ave is being sold with its neighboring property 10361 Ashton Ave which is a 5 unit building. The properties can be sold together or individually. The unit mix for 10357 Ashton Ave includes two one-bedroom/one-bathroom units and two spacious two-bedroom/two-bathroom units, appealing to a broad tenant base. Constructed in 1953, the building is of wood-frame and stucco construction and is positioned around a shared central courtyard. At the rear of the property are two two-car garages, above which sits an additional non-conforming studio unit measuring approximately 400–500 square feet. This space offers a value-add opportunity and potential conversion to a permitted Accessory Dwelling Unit (ADU), subject to buyer verification, creating the possibility for immediate rental income enhancement. The parcel sits on approximately 4,250 square feet of land and is zoned LARD1.5, supporting long-term redevelopment or expansion potential. Rare opportunity to purchase a trophy 5 unit building in a prime Westwood location with easy access to Beverly Hills, Century City, UCLA and the greater westside area of Los Angeles.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,050,000
Price Per Unit $512,500
Sale Type Investment
Cap Rate 3.49%
Gross Rent Multiplier 17.16
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.10 AC
Building Size 4,071 SF
No. Stories 2
Year Built 1953
Parking Ratio 0.98/1,000 SF
Zoning LARD1.5 - Multiple Dwelling

Amenities

Unit Amenities

  • Kitchen

Site Amenities

  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 $2,260 -
2+2 2 $2,717 -

Property Taxes

Property Taxes

Parcel Number
4327-013-018
Land Assessment
$968,112
Improvements Assessment
$322,697
Total Assessment
$1,290,809
  • Listing ID: 39085622

  • Date on Market: 1/14/2026

  • Last Updated:

  • Address: 10357 Ashton Ave, Los Angeles, CA 90024

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}