$6,950,000
731 N Azusa AVE West Covina, CA 91791
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$6,950,000
Est. payment /mo
0.77 Acres Lot
Active
731 N Azusa AVE West Covina, CA 91791
UPDATED:
11/21/2024 09:06 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV24179404
Originating Board California Regional MLS
Year Built 1960
Lot Size 0.771 Acres
Property Description
This well-maintained two-story apartment building presents an excellent investment opportunity in a highly sought-after market. Comprising 28 units, including twenty-four 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 29 electric meters, 29 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. 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.
Location
State CA
County Los Angeles
Area 669 - West Covina
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry In Laundry Room, Community Facility
Exterior
Garage Assigned Spaces, Common Parking - Shared, Garage, Parking Area
Garage Spaces 32.0
Pool Pool - In Ground, 31, Community Facility
View None
Building
Sewer TBD
Water Other
Others
Tax ID 8442008009
Special Listing Condition Not Applicable
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Listed by THE MARK AND AL TEAM • CENTURY 21 MASTERS
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