$6,368,759
$6,500,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
0.63 Acres Lot
SOLD DATE : 05/24/2024
Key Details
Sold Price $6,368,759
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24037043
Sold Date 05/24/24
HOA Y/N No
Year Built 1987
Lot Size 0.632 Acres
Property Description
Don’t 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 607 - Azusa
Zoning LCC1*
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Garage Spaces 34.0
Garage Description 34.0
Pool None
Community Features Sidewalks
Total Parking Spaces 40
Private Pool No
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 8630009022
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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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! "