10357 Ashton Ave 4 Unit Apartment Building $2,200,000 ($550,000/Unit) 3.25% Cap Rate Los Angeles, CA 90024

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.