525 N San Gabriel Ave | Azusa, CA 91702
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- LoopNet Team
525 N San Gabriel Ave
Azusa, CA 91702
Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- 10 Units in Highly Desirable Azusa
- Property Features Mature Landscaping, Garage Parking or Storage, Pet-Friendly Apartments with Private Patios or Porches, Laminate Flooring
- 4.33% Current CAP Rate & 5.58% CAP Rate at Market Rents
- Preferred Unit Mix of Mostly 2-Bedroom Units – Two, 1-Bedroom/1-Bathroom & Eight, 2-Bedroom/1-Bathroom Units, Averaging 832 SF
- Excellent San Gabriel Valley Location – Minutes from Downtown Azusa’s Retail Amenities Including Downtown Azusa Station, Target, Costco, CVS
- Strong Value Add Potential w/ Proven Renovation Plan in Progress – Several Units have been Renovated and Many Capital Improvements
PROPERTY FACTS
| No. Units | 10 | Building Size | 8,318 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.8/1,000 SF |
| Lot Size | 0.28 AC | ||
| Zoning | AZC2YY | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 8,318 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.8/1,000 SF |
| Zoning | AZC2YY |
AMENITIES
UNIT AMENITIES
- Patio
- Porch
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,800 | 650 |
| 2+1 | 8 | $2,000 | 877 |
PROPERTY TAXES
| Parcel Number | 8611-006-008 | Improvements Assessment | $1,782,829 |
| Land Assessment | $1,188,552 | Total Assessment | $2,971,381 |
PROPERTY TAXES
Parcel Number
8611-006-008
Land Assessment
$1,188,552
Improvements Assessment
$1,782,829
Total Assessment
$2,971,381
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