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    1345 N San Gabriel Avenue

    Azusa, CA 91702
    • $10,299,000
    • STATUS: Pending
    • ON SITE: 42 days
    • ID#: CV20167763
    Pending
    UPDATED: 184 min ago
    $10,299,000
    • 0
      BEDS
    • 1.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 35,208
      SQFT
    • $293
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    School Ratings & Info

    Description

    Pride of the Azusa Foothills, The Azusan is a 2 story, garden-style complex with 44 units. Quality 1964 construction with an excellent tenant mix. Adjacent to golf courses , retail and includes a University base of nearby patrons as well. Ample parking and terrific visibility. Other great features: Gated for security, desirable location & professionally managed. Immediate upside returns! See Offering Memo in Supplements.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T00:27:49.22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

    www.legacy15.com/homes/109096195
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    1345 N San Gabriel Avenue Azusa, CA 91702

    • Price: $10,299,000
    • Status: Pending
    • Updated: 184 min ago
    • ID#: CV20167763
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.14
    Acres
    35,208
    SQFT
    $293
    $/SQFT
    1964
    Built
    Neighborhood:
    607 - Azusa
    County:
    Los Angeles
    Area:
    607 - Azusa
    Property Description
    Pride of the Azusa Foothills, The Azusan is a 2 story, garden-style complex with 44 units. Quality 1964 construction with an excellent tenant mix. Adjacent to golf courses , retail and includes a University base of nearby patrons as well. Ample parking and terrific visibility. Other great features: Gated for security, desirable location & professionally managed. Immediate upside returns! See Offering Memo in Supplements.
    Exterior Features

    Carport Spaces 51.00 Entry Level 1 Garage Spaces 0.00 Lot Features 0-1 Unit/AcreLandscaped Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Parking Total 51.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes View Mountain(S) View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 3.76 Community Features BikingFoothillsGolfStreet LightsSuburban Country Us Electric Expense 2332.00 Elevation Units Feet Fuel Expense 14328.00 Gardener Expense 7205.00 Gross Income 679250.00 Gross Scheduled Income 679250.00 Insurance Expense 13268.00 Land Lease YN No Laundry Equipment Own Lease Lease Laundry Income 16380.00 Laundry YN Yes Maintenance Expense 149936.00 Net Operating Income 387443.00 New Construction YN No New Taxes Expense 118438.00 Number Of Separate Electric Meters 44 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 2 Number Of Units Leased 44 Number With Range 44 Operating Expense 291807.00 Other Income1 11366.00 Professional Management Expense 46893.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityTrash Collection Total Expenses 291807.00 Trash Expense 0.00 Vacancy Allowance Rate 2.00 Water Sewer Expense 14002.00 Water Source Public Year Built Source Assessor Zoning Azr3c*

    Listing provided courtesy of Lauren Davis of Mark Andersen & Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-29T00:27:49.22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.

     
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