BUNGALOWS on Ascot!

We are pleased to present a 6-Unit bungalw 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 (o ne 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 in-demand bungalow product.

Request Information
on 5111 Ascot Ave
in Los Angeles, CA
Presented by Casey Lins at
Kidder Mathews of California, Inc.


Property MLS #24-394893 from TheMLSCLAW

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 5

+ Bathrooms

Total Bathrooms: 6
Full Bathrooms: 6

+ Land Info

Lot Size Acres: 0.1722452
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7503

+ Garage and Parking

Garage Description: Driveway
Parking Total: 6

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 6
Number of Units: 6
Unit Features: 1 BathsTotal: 1, 1 SquareFeet: 1800, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2200, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2200, 4 BedsTotal: 1, 4 BathsTotal: 1, 4 SquareFeet: 2200, 5 BedsTotal: 2, 5 BathsTotal: 1, 5 SquareFeet: 2700, 6 BathsTotal: 1, 6 SquareFeet: 1800

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.84
Directions: Google Maps: 5111 Ascot Ave. Los Angeles, CA 90011
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Parcel Number: 5104-006-017
Postal Code Plus 4: 4907
Zoning: LAR2
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$321,660 + $428,880 $750,540	$9,302
2021	$315,353 + $420,471 $735,824	$9,183
2020	$312,120 + $416,160 $728,280	$9,272
2019	$306,000 + $408,000 $714,000	$8,917
2018	$231,164 + $143,693 $374,857	$4,888
2017	$226,632 + $140,876 $367,508	$4,785
2016	$222,189 + $138,114 $360,303	$4,658
2015	$218,852 + $136,040 $354,892	$4,594
2014	$214,565 + $133,376 $347,941	$4,642
2013	$213,596 + $132,774 $346,370	$4,642
2012	$209,408 + $130,171 $339,579	$4,702
2010	$205,302 + $127,619 $332,921	$4,817
2009	$204,253 + $126,967 $331,220	$4,656
2009	$203,768 + $126,666 $330,434	$4,656
2008	$200,249 + $124,478 $324,727	$4,478
2007	$196,323 + $122,038 $318,361	$4,336

+ Reveal Property Sale History

Listed 2024-05-22
$1,000,000
TheMLSCLAW

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Sold 2018-04-17
$700,000
CRMLS

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Relisted 2018-02-20
$750,000
CRMLS

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Listing removed 2018-01-27
$750,000
CRMLS

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Relisted 2018-01-20
$750,000
CRMLS

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Listing removed 2018-01-16
$699,900
CRMLS

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Listing removed 2017-12-02
$699,900
CRMLS

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Listed 2017-12-01
$699,900
CRMLS

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Price Changed 2017-11-21
$699,900
CRMLS

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Listed 2017-10-27
$750,000
CRMLS

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Sold 2003-11-05
$200,000
Public Record

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Sold 1985-12-18
$105,000
Public Record

+ Commercial Info

Net Operating Income: 58389

+ Building and Construction

Total Square Feet Living: 2745
Year Built: 1924
Levels: One Level
Property Age: 100
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced

+ Display Complete School Details

Hooper Avenue Elementary School is a public elementary school located approximately 0.2 miles away.
Map directions

George Washington Carver Middle School is a public middle school located approximately 0.8 miles away.
Map directions

Nava College Preparatory Academy is a public high school located approximately 0.9 miles away.
Map directions

St. Odilia Elementary School is a private elementary and middle school located approximately 0.1 miles away.
Map directions