We are pleased to present for sale this once in a lifetime opportunity in one of LAs most prestigious neighborhoods Westwood. This 3 unit gem, delivered 100% Vacant, is strategically located on Ashton Avenue just one block south of famous Wilshire Boulevard and East of South Beverly Glen Boulevard, in a supply constrained location, location, location. The 4,465 Square Foot property immediately appeals to an apartment investor, developer, and/or owner-user. The building is composed of an extremely large (1) Town-Home Style Two Story 3 Bed and 1.75 Bath Unit with a balcony, and (2) 2 Bedroom and 1 Bathroom Units with a balcony. All units have been immaculately renovated brand new bathrooms and kitchens with top of the line stainless steel appliances, beautiful hardwood floors, wainscoting details on the dining rooms, and breathtaking views from the top unit. Each unit has its own dining, living, and laundry rooms and offers (4) garage parking spaces available for tenants. The opportunity presents itself to a developer looking to either add ADUs to this property OR develop ground up. The property has a lot size of 6,482 SF and is zoned (Q) R3-1 with a density of 1 Unit Per 1,200 Square Feet. By Right, a developer can possibly build 5 Units (Buyer to Verify). 10435 Ashton Avenue is a generational asset located across the street from multi-million dollar homes, in close proximity to world class dining and shopping, minutes to UCLA, Beverly Hills, Bel-Air, and Century City. Buyer to conduct ANY and ALL due diligence including but not limited to the development feasibility, size of the structure, size of the lot, zoning of the subject, Q Condition, and development limitations.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $2,400,000 | Remax Commercial and Investment Realty | ||
Listed For Sale | $2,400,000 | Remax Commercial and Investment Realty |
Elementary School Warner Avenue Elementary | 0.4 miles away | KG - 05 | |
Elementary School Fairburn Avenue Elementary | 0.5 miles away | KG - 05 | |
Middle School Ralph Waldo Emerson Middle | 0.9 miles away | 06 - 08 |