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10370 Ashton Ave 10 Unit Apartment Building $2,095,000 ($209,500/Unit) 3.92% Cap Rate Los Angeles, CA 90024



Investment Highlights
- A Two-Bedroom unit is available for a owner occupied buyer - Vacant
- Premier Location: Walk to UCLA, Century City, & Westwood Village, high rental demand
- Additional Studio Unit will be vacant at COE
- Strong Upside with 4 ADUs— Two separate garages at the rear offer a prime opportunity for ADU conversion, adding value and future income streams. 11.8
Executive Summary
10372 Ashton Ave! The most affordable home (4 unit) in Westwood!
This impeccably located 4 unit building is ready for you to make it your own home. A 2 bedroom and one bath unit is vacant for a owner to occupy while receiving income from 3 other units requiring minimal mortgage payments. There is a second studio unit vacant at close of escrow. Once fully leased the property generates $10,000+ a month.
Positioned in the heart of Westwood, 10372 Ashton Ave stands out as the most affordable 4 unit opportunity on the West Side. This well-maintained, income-producing asset features four spacious units across 3,064 SF with a great mix of two 2-bed units and two studios, and on-site laundry. The property is a short distance to UCLA. Why pay rent for your son or daughter? Buy a 4 Plex that makes them money.
If you prefer value add turn this asset into a cash producing machine. The two detached garages, offer the potential for conversion to up to Four (1+1) ADU units, capitalizing on recent ADU laws. With rents and property values in Westwood up nearly 9% year-over-year, this offering lets a buyer secure stable cash flow with substantial upside.
This location enables superior tenant retention and rental premiums, thanks to proximity to UCLA, Century City, Westwood Village, and key transit arteries. Turnkey, scalable, and rare in today’s inventory-starved Westside market, 10374 Ashton Ave is perfectly positioned for both immediate yield and long-term appreciation in one of LA’s most desirable rental corridors.
This impeccably located 4 unit building is ready for you to make it your own home. A 2 bedroom and one bath unit is vacant for a owner to occupy while receiving income from 3 other units requiring minimal mortgage payments. There is a second studio unit vacant at close of escrow. Once fully leased the property generates $10,000+ a month.
Positioned in the heart of Westwood, 10372 Ashton Ave stands out as the most affordable 4 unit opportunity on the West Side. This well-maintained, income-producing asset features four spacious units across 3,064 SF with a great mix of two 2-bed units and two studios, and on-site laundry. The property is a short distance to UCLA. Why pay rent for your son or daughter? Buy a 4 Plex that makes them money.
If you prefer value add turn this asset into a cash producing machine. The two detached garages, offer the potential for conversion to up to Four (1+1) ADU units, capitalizing on recent ADU laws. With rents and property values in Westwood up nearly 9% year-over-year, this offering lets a buyer secure stable cash flow with substantial upside.
This location enables superior tenant retention and rental premiums, thanks to proximity to UCLA, Century City, Westwood Village, and key transit arteries. Turnkey, scalable, and rare in today’s inventory-starved Westside market, 10374 Ashton Ave is perfectly positioned for both immediate yield and long-term appreciation in one of LA’s most desirable rental corridors.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| 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 | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,095,000 | Apartment Style | Garden |
| Price Per Unit | $209,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 3.92% | Building Size | 3,064 SF |
| Gross Rent Multiplier | 17.19 | Average Occupancy | 80% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1940 |
| Property Subtype | Apartment | Parking Ratio | 1.33/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple | ||
| Price | $2,095,000 |
| Price Per Unit | $209,500 |
| Sale Type | Investment |
| Cap Rate | 3.92% |
| Gross Rent Multiplier | 17.19 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,064 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | LARD1.5 - Restricted Density Multiple |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $2,400 | 400 |
| Studios | 2 | $1,404 | 400 |
| 2+1 | 3 | $2,250 | 1,100 |
| 2+1 | 4 | $4,000 | 1,100 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 4327-012-005 | Total Assessment | $163,947 |
| Land Assessment | $114,215 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $49,732 | Tax Year | 2025 |
Property Taxes
Parcel Number
4327-012-005
Land Assessment
$114,215
Improvements Assessment
$49,732
Total Assessment
$163,947
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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10370 Ashton Ave
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