731 N Azusa Avenue
West Covina, CA 91791
0.77 acres | #CV24179404
Description
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 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
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: THE MARK AND AL TEAM (#C10605)
Listing Office: CENTURY 21 MASTERS (#50471)
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