5111 Ascot Avenue Los Angeles, CA 90011
BUNGALOWS on Ascot! We are pleased to present a 6-Unit bungalow community located at 5111 Ascot Ave. With 6 separate bungalow structures on the property, tenants enjoy the feeling of living in a single-family home paired with the affordability of living within an apartment community. The building currently operates at a 9.96 GRM on current rents, with rental upside potential to a 6.46 GRM and a 10.85% CAP on pro-forma rents. The units consist of 2 studio bungalows (one of which is a brand new ADU!), 3 one-bedroom bungalows, and 1 two-bedroom bungalow. Delivered with 1 unit VACANT, it will allow the new owner to set a market rent for a very in-demand bungalow product.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site24 Days
- MLS StatusActive
- MLS ID Number24394893
- Home Size Source Other
- Year Built1924
- Lot Size0.1722 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 5111 Ascot Avenue Los Angeles, CA 90011
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| 3 weeks ago |
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General Features
- Parking Driveway
- Parking Spaces 6
- Number of Stories 11
- Acreage 0.1722
- Zoning LAR2
- Listing Conditions Standard
Community Features
- Senior Community No
- MLS Area C42 - Downtown L.A.