SWIPE FOR MORE IMAGES
$6,950,000 USD
731 N Azusa Avenue
West Covina, California 91791
USA
West Covina, California 91791
USA
Residential For Sale, Mixed Use
Land size: 0.312 ha ::
0.77 acres
Sale price per sqm: 0
Remarks:
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 19 electric meters, 19 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. Potential cap rate could be 4.78%. 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.
Features:
- Year Built: 1960
- Area amenities: Pool
- Pool Description: Inground
- Lot Description: Sidewalks
Location:
731 N Azusa Avenue, West Covina, California 91791, USA
Listed By CENTURY 21 Masters
The Residential For Sale, Mixed Use located at 731 N Azusa Avenue, West Covina, California 91791, USA is currently for sale. 731 N Azusa Avenue, West Covina, California 91791, USA is listed for $6,950,000 USD. If the property located at 731 N Azusa Avenue, West Covina, California 91791, USA isn't what you're looking for, search California Real Estate to see other Homes For Sale in West Covina.