map Map favorite Favorite share Share Facebook Favorite print Print
Photo
Photo Photo

525 San Gabriel Avenue

Azusa, CA 91702

$3,200,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $384 / sqft

1963

calendar_month Built

Property Description

We are proud to present 525 N San Gabriel Ave, a 10-unit multifamily property located in Azusa, CA. The property is well-located north of the 210 freeway and less than a block away from Foothill Boulevard. Several of Azusa’s favorite restaurants and retailers are within close proximity to the property–Target, Costco, Starbucks, Max’s Mexican Cuisine, and In-N-Out to name a few. The property is also within close proximity to Downtown Azusa where tenants enjoy the convenience of many more retail amenities, as well as access to the Azusa Downtown Station, which gives travelers direct travel to Pasadena, CA. Azusa is a prime San Gabriel Valley suburban neighborhood located directly off of the 210 Freeway. Tenants benefit from the central location with a short 25-minute drive to frequently travelled areas like DTLA, Dodger Stadium, Sofi Stadium, Crypto.Com Arena, Huntington Library, Bonelli Park, Disneyland, and much more. Azusa is also home to Azusa Pacific University and borders the city of Glendora who is home to Citrus Community College. 525 N San Gabriel Ave is a 10-unit multifamily property spanning across a ±12,257 SF parcel with over ±8,300 SF of gross rentable area. The property offers an excellent unit mix of two, 1-bedroom/1-bathroom units and eight, 2-bedroom/1-bathroom units. With an average unit size of 832 SF. A savvy investor will recognize the potential opportunity for ADU garage conversions for additional income and value (buyer to verify). The property has been professionally managed by current ownership and they have spent a respectable amount of capital on improvements at the property within the last year. A new investor, whether new or seasoned, has the opportunity to step into the driver’s seat and continue rolling out the seller’s successfully-proven value-add process.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 525 San Gabriel Avenue
City Azusa
State CA
Zip 91702
County Los Angeles
Listing Agent ERIC CHEN DRE#01489184
Courtesy Of CB RICHARD ELLIS
MLS CV24121894
List Price $3,200,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 12,257
Year Built 1963
DOM 1

Exterior Information

Maps

home_work Nearby Properties

Image

king_bed N/A
shower N/A
straighten N/A
straighten 3,530
621 Azusa Avenue #A,

Azusa, CA 91702
Image

$3,300/month

king_bed 3
shower 3
straighten 1,680
straighten 29,828
344 Foothill Boulevard,

Azusa, CA 91702
Image

$689,900

king_bed 3
shower 2
straighten 998
straighten 6,001
216 Orange Avenue,

Azusa, CA 91702
Image

$300,000

king_bed N/A
shower N/A
straighten N/A
straighten N/A
,

Azusa, CA 91702
Image

$3,237/month

king_bed N/A
shower N/A
straighten N/A
straighten 10,366
632 Alameda Avenue,

Azusa, CA 91702

Listing information courtesy of: ERIC CHEN, CB RICHARD ELLIS . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 14th, 2024 at 11:57 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.