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10357 Ashton Ave 4 Unit Apartment Building $2,802,453 CAD ($700,613 CAD/Unit) 3.49% Cap Rate Los Angeles, CA 90024



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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| 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 (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,802,453 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $700,613 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 3.49% | Building Size | 4,071 SF |
| Gross Rent Multiplier | 17.16 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1953 |
| Property Type | Multifamily | Parking Ratio | 0.98/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LARD1.5 - Multiple Dwelling | ||
| Price | $2,802,453 CAD |
| Price Per Unit | $700,613 CAD |
| 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 | $3,090 CAD | - |
| 2+2 | 2 | $3,714 CAD | - |
1 1
Property Taxes
| Parcel Number | 4327-013-018 | Improvements Assessment | $439,245 CAD |
| Land Assessment | $1,317,765 CAD | Total Assessment | $1,757,011 CAD |
Property Taxes
Parcel Number
4327-013-018
Land Assessment
$1,317,765 CAD
Improvements Assessment
$439,245 CAD
Total Assessment
$1,757,011 CAD
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10357 Ashton Ave
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