525 North San Gabriel Ave Azusa, CA 91702
10-unit multifamily property in a desirable San Gabriel Valley location.
Property size:
8,318 SFProperty Features for 525 North San Gabriel Ave
General Information
- Standard status
- Active
- Size
- 8,318 SF
Source:
Cbre
Listing Agency: CB RICHARD ELLIS Listing Agent: Eric Chen
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Azusa Multifamily Investment Opportunity
Located in the high-demand Azusa submarket of the San Gabriel Valley, this 10-unit multifamily property presents a compelling investment opportunity. The property is situated north of the 210 Freeway and near the retail corridor of Foothill Boulevard, providing convenient access to destinations such as Target, Costco, and Starbucks. Its location also offers quick access to Downtown Azusa and the Azusa Downtown Station, which connects directly to Pasadena. The property is also a short commute to major employment and entertainment centers including DTLA, Dodger Stadium, Sofi Stadium, and Disneyland. The property, located on a ±12,257 SF parcel, features ±8,300 SF of gross rentable area. The unit mix includes two 1-bedroom/1-bathroom units and eight 2-bedroom/1-bathroom units, averaging 832 SF each. The property is not subject to the Los Angeles Rent Stabilization Ordinance, instead benefiting from AB 1482 provisions. The property features mature landscaping, garage parking or storage, pet-friendly apartments with private patios or porches, updated interiors featuring laminate flooring, and equipped kitchens with oven ranges. The property has potential for additional revenue streams from on-site parking and storage, as well as ADU garage conversions. The property has been professionally managed and has seen capital reinvestment by current ownership over the last year. The location attracts a diverse range of renters, from young professionals to families. The property is located near the San Gabriel Mountains and the San Gabriel River, offering recreational opportunities.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Azusa
- County
- Los Angeles
- State
- California
- Longitude
- -117.916
- Latitude
- 34.1312
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 10-unit multifamily property in a desirable San Gabriel Valley location.
Where is this apartment building located?
The property is located at 525 North San Gabriel Ave Azusa, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: - Excellent Location: Close to 210 Freeway, Foothill Boulevard retail corridor, Downtown Azusa, and Azusa Downtown Station.; - Strong Income Upside: Opportunity to explore ADU garage conversions and additional revenue streams.; - Desirable Unit Mix: Primarily 2-bedroom units averaging 832 SF.
