$6,950,000
For Sale

731 N Azusa Avenue

West Covina, CA 91791
0.77 acres | #CV24179404
Listing OfficeCENTURY 21 MASTERS
Browse 47 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Property Details
      • Lot DescriptionTwentySixToThirtyUnitsAcre
      • Stories2
    • Measurements
      • Acres0.7705
    • Parking
      • Parking Spaces28
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1960
  • Utilities / Energy Details
      • Utility SourceSeeRemarks
      • Sewer InformationUnknown
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$7,950,000
  • Other
      • MLS #CV24179404

Location

Jerry Avila#TheRealEstateGuy
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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