Five-Unit Apartment
201 S Vernon Azusa, CA 91702
201 S Vernon, Azusa, CA, 91702
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For Sale
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Five-unit apartment property built in 1964, set on a 0.38-acre lot with 4,714 sq. ft. of living space.
Property Size4,714 SF
Lot Size0.38 Acres
Price / SF$381.63
Days on Market58
Property Features for 201 S Vernon
General Information
- Standard status
- Active
- Size
- 4,714 SF
- Lot size
- 0.38 Acres
- Property subtype
- Multifamily
Listing agency
TREC HOMES INC.
(844) 578-7653
Listed by
Roger Felix · License #01302635
Source
Crexi
Added: May 25 Updated: Jul 21 at 5:12PM Checked: Jul 21 at 5:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TREC HOMES INC.
Investment Insights
Based on property information with market context.
This five-unit apartment building, built in 1964, is offered for sale on a 0.38-acre lot. The property contains approximately 4,714 sq. ft. of living space and provides a straightforward multifamily configuration for prospective owners.
Located at 201 S Vernon in Azusa, the building is positioned for tenant convenience, with shopping, schools, public transportation, and major freeways noted in the surrounding area.
The offering combines an established, smaller-scale apartment footprint with a clear unit count, making it suitable for buyers seeking to evaluate both current performance and future improvements.
Located at 201 S Vernon in Azusa, the building is positioned for tenant convenience, with shopping, schools, public transportation, and major freeways noted in the surrounding area.
The offering combines an established, smaller-scale apartment footprint with a clear unit count, making it suitable for buyers seeking to evaluate both current performance and future improvements.
Key Highlights
- 5‑unit apartment building at 217 S Vernon Ave in Azusa
- Built in 1964 with approximately 4,714 sq ft of living space
- Located on a 0.38‑acre lot
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $149.9k | $31.80 |
| − Vacancy | −$12.0k | −$2.54 |
| EGI | $137.9k | $29.26 |
| − OpEx | −$62.1k | −$13.17 |
| NOI | $75.9k | $16.09 |
4,714 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.08M
$948.2K – $1.26M
NOI $75,852 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.52M
$2.21M – $2.94M
NOI $176,670 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Five-unit apartment property built in 1964, set on a 0.38-acre lot with 4,714 sq. ft. of living space.
Where is this apartment building located?
The property is located at 201 S Vernon Azusa, CA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: 5‑unit apartment building at 217 S Vernon Ave in Azusa; Built in 1964 with approximately 4,714 sq ft of living space; Located on a 0.38‑acre lot
