Pending
731 N Azusa Avenue
West Covina CA, 91791
$6,950,000
$309.88 per sqft
Pending
22,428 sqft
Multi-family
Built in 1960
Listed by THE MARK AND AL TEAM with CENTURY 21 MASTERS [email protected]
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.
CV24179404
MLSⓇ ID
September 4, 2024
Listed
December 5, 2024
Updated
Map
731 N Azusa Avenue
West Covina CA, 91791
Interior Features
Total Stories
2
Laundry Description
Common Area, Laundry Room
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.77 Acres
Lot Features
26-30 Units/Acre
Sewer
Unknown
Other Property Details
Area Name
669 - West Covina
Days on Market
83
Garage
Yes
Garage Spaces
28
Parking
Assigned, Garage, One Space, Community Structure
Parking Total
32
View
No
View Description
None
County
Los Angeles
Water Source
See Remarks
Pool
No
Pool Features
Community, In Ground
Zoning
WCR3-MF45*
Listing History
Date | Event | Price |
|---|---|---|
11/26/2024 | Pending | — |
10/2/2024 | Price change | $6,950,000 -13% |
Exclusive Listing Agents
Mark Cofer
Listing Contact: 800-463-0977
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 1:20 PM UTC