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731 N Azusa Avenue

West Covina, CA 91791

– beds
– baths
– sqft
~3/4 acre lot
1960 build
– on site

This well-maintained two-story apartment building presents an excellent investment opportunity in a highly sought-after market. Comprising 28 units, including twenty-four 2-bed, 1-bath units, three 1-bed, 1-bath units, and one studio. Key features include a separate community laundry room and a gated in-ground pool centrally located in the courtyard, providing a serene escape for residents. The property is secured with a gated entrance, ensuring peace of mind for tenants. Additionally, there are 28 garages with storage, plus 4 extra parking spaces currently being rented, adding to the income potential. The building is efficiently managed with 29 electric meters, 29 gas meters, and 1 water meter. Positioned on a beautiful tree-lined street and the 10 Freeway, this property is an enticing option for investors looking to expand their portfolio in a desirable and thriving area. Buyers and/or their agent to complete their own due diligence in regard to all aspects of the property, including but not limited to income, expenses, and potential rents, etc.

Listed By CRMLS_CA / THE MARK AND AL TEAM / CENTURY 21 MASTERS / offers@markandal.com

Last checked: Checking… • Last updated Nov 21, 2024 •

MLS# CV24179404 —

The Building

Year Built:

1960
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

2+ Common Walls
Building Area Total:

22428.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

28
Stories Total:

2
# of Separate Gas Meters:

19
# of Separate Water Meters:

1
# of Separate Electric Meters:

19

Interior

Levels:

Two
Entry Location:

Front
Fireplace:

No
Fireplace:

None
Laundry:

Community, Individual Room
Laundry:

1

Location

Directions:

N/Azusa Ave and E/Puente Ave
Latitude:

34.08404500
Longitude:

-117.90842000

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Zoning:

WCR3-MF45*
Lot Features:

26-30 Units/Acre
Lot Size Area:

33563.0000
Lot Size Acres:

0.7705
Lot Size SqFt:

33563.00
Lot Size Source:

Assessor
View:

None
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

8
Tax Census Tract:

4056.00
Tax Tract:

22768
Tax Lot:

8

The Listing

Special Listing Conditions:

Standard
Parcel Number:

8442008009

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Unknown
Water Source:

See Remarks

The Community

Senior Community:

No
Features:

Sidewalks, Street Lights
Pool:

Community, In Ground
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Assigned, Community Structure, Garage, Parking Space
Parking Spaces:

32.00
Garage Spaces:

28.00
Uncovered Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/2/24 Oct 2, 2024	Price Changed	CRMLS_CA	$6,950,000	-12.6%
9/4/24 Sep 4, 2024	Listed / Active	CRMLS_CA	$7,950,000

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This multifamily located in Freeway Corridor, West Covina, CA 91791 is currently for sale for $6,950,000. 731 N Azusa Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 79 days. 731 N Azusa Avenue is in the Freeway Corridor neighborhood of West Covina and has a WalkScore® of 72, making it very walkable. This multifamily is in the attendance area of Covina High School, Traweek Middle School, and Grovecenter Elementary School.

Listing Courtesy of: CRMLS_CA and CENTURY 21 MASTERS. Based on information from California Regional Multiple Listing Service, Inc. as of 23:59 on Nov 21.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.