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$7,950,000
12 Days Online

731 N Azusa Avenue
West Covina, CA 91791

For Sale|Single Family Home|Active
0
Beds
0
Full Baths
0
Partial Baths
22,428
SqFt
$354
/SqFt
1960
Built
County:
Los Angeles
Listed by THE MARK AND AL TEAM of CENTURY 21 MASTERS [email protected]

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731 N Azusa Avenue731 N Azusa Avenue731 N Azusa Avenue731 N Azusa Avenue
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This well-maintained two-story apartment building presents an excellent investment opportunity in a highly sought-after market. Comprising 28 units, including twenty-three 2-bed, 1-bath units, three 1-bed, 1-bath units, and one studio. Key features include a separate community laundry room and a gated in-ground pool centrally located in the courtyard, providing a serene escape for residents. The property is secured with a gated entrance, ensuring peace of mind for tenants. Additionally, there are 28 garages with storage, plus 4 extra parking spaces currently being rented, adding to the income potential. The building is efficiently managed with 19 electric meters, 19 gas meters, and 1 water meter. Positioned on a beautiful tree-lined street and the 10 Freeway, this property is an enticing option for investors looking to expand their portfolio in a desirable and thriving area. Potential cap rate could be 4.78%. Buyers and/or their agent to complete their own due diligence in regard to all aspects of the property, including but not limited to income, expenses, and potential rents, etc.

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Listing Snapshot
Price 
$7,950,000
Days Online 
12 Days
Bedrooms 
N/A
Inside Area (SqFt) 
22,428 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.7705 Acres
Year Built 
1960
MLS® Number 
CV24179404
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen online
General Features
Parking 
AssignedGarageOne SpaceCommunity Structure
Parking Spaces 
32
Sewer 
Unknown
Number of Stories 
2
Acreage 
0.7705
Water 
See Remarks
Property Sub Type 
Mixed Use
Garage Spaces 
28
Zoning 
WCR3-MF45*
Listing Conditions 
Standard
Interior Features
Cooling 
Wall Window Units
Heating 
Wall Furnace
Fireplace Features 
None
Laundry Features 
Common AreaLaundry Room
Fireplace 
No
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Exterior Features
View 
None
Spa 
No
Pool Features 
CommunityIn Ground
Spa Features 
None
Lot 
Item2630 Units Acre
Community Features
Association Dues 
0
Community Features 
Street LightsSidewalksPool
Senior Community 
No
MLS Area 
669 - West Covina


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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