Azusa, CA 91702,1331 N San Gabriel AVE
Azusa, CA 91702,1331 N San Gabriel AVE
Azusa, CA 91702,1331 N San Gabriel AVE
Azusa, CA 91702,1331 N San Gabriel AVE
Azusa, CA 91702,1331 N San Gabriel AVE
Azusa, CA 91702,1331 N San Gabriel AVE
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$3,450,000

Est.Price: ?

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Est. payment /mo

0.46 Acres Lot


SOLD DATE : 09/28/2021

Key Details

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV21131265

Sold Date 09/28/21

HOA Y/N No

Year Built 1962

Lot Size 0.458 Acres

Property Description

A multifamily opportunity located at 1331 N. San Gabriel Avenue in the city of Azusa. The property is situated between Sierra Madre Avenue and Twelfth Street and provides easy access to Azusa Pacific University, Downtown Azusa, the 210 Freeway and the Metro Gold Line Station. The property is within minutes to plenty of diverse restaurants, shopping, and world class educational institutions.

Situated in the heart of the San Gabriel Valley, Azusa is a charming LA suburb regarded for its pervasive natural beauty and exceptional opportunities for outdoor recreation. Nicknamed “the Canyon City,” Azusa sits at the entrance to the San Gabriel Canyon. The San Gabriel Mountains are also visible throughout much of the city. In addition to the canyons and mountains, Azusa residents enjoy access to a host of scenic parks and trails, including
the nearby Santa Fe Dam Recreation Area.

1331 N. San Gabriel Avenue is a well-maintained, 12-unit, two -story, townhome style property built in 1962. The property is
situated on a ±19,969 square foot lot with a total building size of ±11,734 square feet. The property offers an excellent unit mix of
spacious two and three bedroom floorplans with an average unit size of 978 square feet. The units feature a private patio, vinyl or laminate flooring in select units, and individual water heaters in most units. The building features on-site laundry, carport parking and a central courtyard with mature landscaping.

1331 N. San Gabriel Avenue is a prime Azusa income -producing property and a great long-term investment. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.

Location

State CA

County Los Angeles

Area 607 - Azusa

Zoning AZR3C*

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Parking Features Asphalt, Carport

Carport Spaces 12

Pool None

Community Features Curbs, Sidewalks

View Y/N Yes

View Canyon, Mountain(s)

Total Parking Spaces 12

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 8617014011

Energy Description 2000.0

Acceptable Financing Cash, Cash to Existing Loan

Listing Terms Cash, Cash to Existing Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by ERIC CHEN • CB RICHARD ELLIS
Bought with ERIC CHEN • CB RICHARD ELLIS
agent-avatar

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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