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Key Details
Sold Price $6,368,759
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24037043
Sold Date 05/24/24
Bedrooms 3
HOA Y/N No
Lot Size 0.632 Acres
Property Description
Dont miss an exceptional investment opportunity nestled in the vibrant community of Azusa. This well-maintained apartment complex presents an unrivaled chance to own a substantial asset in the heart of one of Southern California's most sought-after regions. This unique property is comprised of 22 well-designed apartment units, offering a mix that caters to a broad spectrum of tenants. The collection includes 18 two-bedroom, one-bathroom units, and 4 one-bedroom, one-bathroom units. One of the standout features of this investment is the inclusion of a garage for each unit, a highly desirable amenity that enhances tenant satisfaction and retention by providing secure parking and additional storage options which sets the property apart in a competitive market. Whether you're looking to expand your portfolio or seeking a flagship investment, this property is sure to be a valuable addition.
Dont miss an exceptional investment opportunity nestled in the vibrant community of Azusa. This well-maintained apartment complex presents an unrivaled chance to own a substantial asset in the heart of one of Southern California's most sought-after regions. This unique property is comprised of 22 well-designed apartment units, offering a mix that caters to a broad spectrum of tenants. The collection includes 18 two-bedroom, one-bathroom units, and 4 one-bedroom, one-bathroom units. One of the standout features of this investment is the inclusion of a garage for each unit, a highly desirable amenity that enhances tenant satisfaction and retention by providing secure parking and additional storage options which sets the property apart in a competitive market. Whether you're looking to expand your portfolio or seeking a flagship investment, this property is sure to be a valuable addition.
Location
State CA
County Los Angeles
Area Azusa (91702)
Zoning Assessor
Interior
Cooling Central Forced Air
Appliance Forced Air Unit
Building
Lot Description Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $999
Acceptable Financing Cash
Space Rent $34,725
Listing Terms Cash
Financing Conventional
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Bought with Thomas Gibson • THE WRIGHT ASSOCIATED COMPANY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "