10622 Ayres Avenue Los Angeles, CA $ 3,025,000
10622 Ayres Avenue
$ 3,025,000
New Construction
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10622 Ayres Avenue

Los Angeles, CA, 90064
$ 3,025,000
Bedrooms8 Baths5.0 Sq 3,688

Monthly Estimate*

$ 21,131

Listed by BRC Advisors- BH
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Multi-Family Home for sale in Los Angeles, CA

for $3,025,000 with 8 bedrooms and 5 full baths. This 3,688 square foot home was built in 2023 on a lot size of 0.1378.

$125K PRICE DROP! 2023 construction modern style duplex located in the Rancho Park area of West LA bordering Century City! Built by TJH, this duplex features two 4 bedroom / 2.5 bathroom townhome units. Currently, one unit is vacant and another is rented making this the perfect owner-user opportunity! This opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit also includes a 2 car garage and 1 outdoor space. Each unit also enjoys in-unit laundry hookups and a private backyard. The property includes solar panels that are owned and fully paid off by the developer. Tenants pay all utilities keeping costs low for an investor! Rancho Park is a very popular destination for renters as its in close proximity to Century City, Beverly Hills, Westwood and Brentwood!

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Multi-Family Active

Price

$ 3,025,000

Bedrooms

8

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Modern

Lot Size

0.1378

Year Built

2023

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24361745

Days on Market

66

Features
General
Heating Central
Cooling CentralAir
Possession CloseOfEscrow
Appliances Dishwasher Microwave Oven Range Refrigerator Dryer
Zoning LAR2
Garage Spaces 4.0
Architectural Style Modern
Pool Features None
Construction Materials Stucco
Year Built 2023
Tenant Pays Electricity Gas TrashCollection Water
View None
Stories 2
Levels Two
Gross Income 186600.0
County Los Angeles
Net Operating Income 140318.0
New Construction Y
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Facing Direction North
Garage Y/N Y
Special Listing Conditions Standard
Status ActiveUnderContract
Directions East of Prosser and South of Pico
City Los Angeles
View Y/N N
Senior Community Y/N N
Open Parking Spaces 2.0
Total Units 2
MLS Area C08 - Cheviot Hills/Rancho Park
Lot Size Square Feet 6001.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Ayres
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 47
Standard Status ActiveUnderContract
Occupancy Description Vacant
Year Built Source Builder
Cap Rate 4.64
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Interior
Flooring Vinyl
Fireplace Features None
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features DoublePaneWindows
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Laundry Features Stacked
Total Bedrooms 8
Electric On Property Y/N N
Total Baths 5
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Exterior
Parking Features Garage Uncovered
Lot Features BackYard
Total Parking 6.0
Lot Size Area 6001.0
Number of Buildings 1
Spa N
Building Area Total 3688.0
Lot Dimensions 48x125
Lot Size Acres 0.1378
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 10622
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* Excluded Features
List By
Brc Advisors- Bh

Broker

(310) 956-2291

Phone

Affordability Calculator

$21,131
Per Month
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Monthly Principal & Interest
$21,131
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Default based on a 30-year fixed rate of 7.49% 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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2024$3,025,000 -3.97% Price Down
2/26/2024$3,150,000 Listed Price

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10622 Ayres Avenue, Los Angeles, CA, 90064 is a Multi-Family Home for sale at $3,025,000 with 3,688 sqft and a lot size of 0.1378. 10622 Ayres Avenue has 8 bedrooms, 5.0 baths, and was built in 2023. The property's zip code is 90064 which is in Los Angeles, CA