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7595 Azusa Ave - Azusa Road Complex 8 Unit Apartment Building Offered at $1,195,000 at a 7.99% Cap Rate Dos Palos, CA 93620
Investment Highlights
- 10 Unit multi use property on 2 Acres
- Capex upgrades as of 2022: roofs, Stucco, mechanical upgrads
Executive Summary
Berkshire Hathaway HomeServices Drysdale Properties is pleased to exclusively present the fee simple interest in the Azusa Complex, a uniquely structured 10-unit
multi residential and lot property situated on 2.00 acres in the greater Merced County area.
The complex features a highly diversified layout consisting of 2 detached homes, 6 attached units(duplexes), 1 rented lot space, and an extra lot space space. Positioned
at an attractive list price of $1,195,000, this offering allows an investor to acquire 10 income-producing components at just $119,500 per space—a deep discount relative to
replacement cost and traditional multi-family comps in Merced County.
multi residential and lot property situated on 2.00 acres in the greater Merced County area.
The complex features a highly diversified layout consisting of 2 detached homes, 6 attached units(duplexes), 1 rented lot space, and an extra lot space space. Positioned
at an attractive list price of $1,195,000, this offering allows an investor to acquire 10 income-producing components at just $119,500 per space—a deep discount relative to
replacement cost and traditional multi-family comps in Merced County.
Data Room Click Here to Access
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Range
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $500.00 | - |
| 1+1 | 1 | $900.00 | - |
| 1+1 | 1 | $1,050 | - |
| 2+1 | 2 | $1,025 | - |
| 2+1 | 1 | $1,350 | - |
| 3+1 | 1 | $1,650 | - |
Not walkable
10/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 085-260-015 | Improvements Assessment | $286,526 |
| Land Assessment | $191,017 | Total Assessment | $477,543 |
Property Taxes
Parcel Number
085-260-015
Land Assessment
$191,017
Improvements Assessment
$286,526
Total Assessment
$477,543
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Contact the Sale Advisor
7595 Azusa Ave - Azusa Road Complex