731 N Azusa Avenue

West Covina, CA 91791

About this property

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.

About this property

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.

Features and Additional Information

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$6,950,000 Pending
22,428 SQFT

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
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CENTURY 21 MASTERS 800-463-0977
1-800-463-0977
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Area Information

669 West Covina | Los Angeles County |

$ 6,950,000
This listing is play_arrow 647.4% higher than the average in the area
$ 929,950 in the area
22,428 SqFt
This listing is play_arrow 1170.3% larger than the average in the area
1,766 SqFt in the area
$ 310 $/SqFt
This listing is play_arrow 41.2% less than the average in the area
$ 527 $/SqFt in the area
97 days on site
This listing is play_arrow 56.5% above the average in the area
62 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By THE MARK AND AL TEAM
Brokerage: CENTURY 21 MASTERS 800-463-0977

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