Active

10357 Ashton Avenue

Los Angeles CA, 90024

$4,700,000


$646.14 per sqft

Active

11 Beds

11 Baths

7,274 sqft

Multi-family

Built in 1953

Listed by Benjamin Lewin with Marcus & Millichap 818-212-2700

We are pleased to introduce 10357 and 10361 Ashton Ave, a compelling nine-unit investment opportunity situated in the prestigious Westwood submarket of West Los Angeles. This property is comprised of two adjoining parcels that share a central courtyard. The eastern building, 10357-10359.5 Ashton, boasts 3,320 sqft of living space and comprises four units, including two one-bedroom, one-bathroom units and two spacious two-bedroom, two-bathroom units. Built-in 1953 with a sturdy wood frame and stucco construction, the property also features an additional non-conforming studio unit, approximately 400-500 sqft, situated above the two two-car garages at the rear of the property. Notably, this space has the potential for conversion into an Accessory Dwelling Unit (ADU). One of the one-bedroom units is vacant, offering immediate potential for renovation and rental income enhancement. The western building, 10361-10365.5 Ashton, is a timeless structure with 3,954 sqft of living space. Built-in 1937 with a wooden frame and stucco construction, it offers five generously sized one-bedroom, one-bathroom units, each exuding its unique charm. There are two two-car garages and one one-car garage in the rear alley of the property. This exceptional property is conveniently located just one block south of Wilshire Blvd and to the east of South Beverly Glen Boulevard, making it an ideal choice for those seeking proximity to Beverly Hills, Century City, and the West Side. The prime location ensures a strong demand for rental units, making it a promising investment opportunity. Both buildings rest on approximately 4,250 sqft lots zoned LARD1.5, 8,501 sqft of total land.

23333615

MLS ID

November 20, 2023

Listed

November 28, 2023

Updated

Map

10357 Ashton Avenue
Los Angeles CA, 90024

Interior Features

Total Stories

2


Bedrooms

11 Beds


Bathrooms

11 Baths


Fireplace

No


Cooling

Yes


Cooling Description

None


Heating

Yes


Heating Description

None

Exterior/Building Features

Lot Size

0.2 acres

Other Property Details

Days on Market

8


Garage

No


Parking

Covered


Parking Total

9


View

No


County

Los Angeles


Pool

No


Buyer Agency Compensation

2.25%

Listing Contact: 818-212-2700 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/28/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/28/2023 at 12:28 PM UTC

 

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