47
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$6,950,000
Est. payment /mo
22,428 SqFt
Pending
731 N Azusa Avenue West Covina, CA 91791
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UPDATED:
11/26/2024 09:42 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 22,428 sqft
Price per Sqft $309
MLS Listing ID CRCV24179404
HOA Y/N No
Year Built 1960
Lot Size 0.771 Acres
Acres 0.77
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 Listing
Zoning WCR3
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Community Facility, Laundry Room
Exterior
Utilities Available Other Water/Sewer, Water/Sewer See Remarks
View Y/N false
View None
Building
Water Other
New Construction No
Others
Tax ID 8442008009
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Listed by THE MARK AND AL TEAM • CENTURY 21 MASTERS
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289