5111 Ascot Avenue Los Angeles, CA ^$ 1,000,000

5111 Ascot Avenue

^$ 1,000,000

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5111 Ascot Avenue

Los Angeles, CA, 90011

^$ 1,000,000

Studio Baths0.0 Sq 2,745

Monthly Estimate*

^$ 6,646

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 1

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 2

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 3

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 4

5111 Ascot Avenue, Los Angeles, CA 90011 - Image 5

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5111 Ascot Avenue, Los Angeles, CA 90011 - Image 8

Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,000,000. This 2,745 square foot home was built in 1924 on a lot size of 0.17.

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.

Multi-Family Active

Price

^$ 1,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.17

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024394893

Features

General

Zoning LAR2

Year Built 1924

Levels One

County Los Angeles

Net Operating Income 58389.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.25

Senior Community Y/N No

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 7503.0

Street Name Ascot

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Driveway

Lot Size Area 7503.0

Building Area Total 2745.0

Lot Size Acres 0.17

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 1

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Casey Lins

Listing Agent

Kidder Mathews Of California, Inc.

Broker

Affordability Calculator

$6,646

Per Month

Monthly Principal & Interest: $6,646
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,994,668

Percent of Sale Price 99%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/23/2024	$1,000,000		Listed Price

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5111 Ascot Avenue, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $1,000,000 with 2,745 sqft and a lot size of 0.17. 5111 Ascot Avenue is a studio with 0.0 baths and was built in 1924. The property's zip code is 90011 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/29/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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5111 Ascot Avenue

Multi-Family Home for sale in Los Angeles, CA

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