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525 N San Gabriel Ave
Azusa, CA 91702

Price Upon Request

Apartments For Sale  •  8,318 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,318 SF
  • Lot Size 0.28 AC
  • Building Class C
  • Year Built 1963
  • Zoning AZC2YY
62 Transit Score
83 Walk Score

Highlights

10 Units in Highly Desirable Azusa
Preferred Unit Mix of Mostly 2-Bedroom Units – Two, 1-Bedroom/1-Bathroom & Eight, 2-Bedroom/1-Bathroom Units, Averaging 832 SF
Property Features Mature Landscaping, Garage Parking or Storage, Pet-Friendly Apartments with Private Patios or Porches, Laminate Flooring
Excellent San Gabriel Valley Location – Minutes from Downtown Azusa’s Retail Amenities Including Downtown Azusa Station, Target, Costco, CVS
4.33% Current CAP Rate & 5.58% CAP Rate at Market Rents
Strong Value Add Potential w/ Proven Renovation Plan in Progress – Several Units have been Renovated and Many Capital Improvements

Financial Summary (Actual)

Net Operating Income: $138,438 USD (2023)
Total Expenses: $74,863 USD

Amenities

  • Laundry Facilities
  • Patio
  • Porch

Public Transportation

Commuter RailDriveWalkDistance
Covina (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 3.8 mi
Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 6.0 mi
AirportDriveWalkDistance
Ontario International 31 min - 23.1 mi
Bob Hope 40 min - 31.5 mi
Long Beach (Daugherty Field) 43 min - 32.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes