5111 ASCOT AVE
LOS ANGELES, CA 90011
$1,000,000
5 Beds
6 Baths
2,745 Sq Ft
Status Active
MLS# 24-394893
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.
Details for 5111 ASCOT AVE
$364 / Sq Ft
6 parking spaces
Other
29 Days on website
0.1722 acres lot
Area Information for 5111 ASCOT AVE
