Listed By:
Thomas Gibson with THE WRIGHT ASSOCIATED COMPANY; 6266101309
Address
810 S Citrus Avenue, Azusa, CA
Price
$ 6,500,000
Property Attributes
  • MLS#CV24037043
  • TypePending
  • CountyLOS ANGELES
  • CityAzusa
  • AreaAzusa
  • Zip91702
  • StyleApartment
  • Price$ 6,500,000
  • Bedrooms40
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage18084
  • Lot Size0.6317 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Don’t miss an exceptional investment opportunity nestled in the vibrant community of Azusa. This well-maintained apartment complex presents an unrivaled chance to own a substantial asset in the heart of one of Southern California's most sought-after regions. This unique property is comprised of 22 well-designed apartment units, offering a mix that caters to a broad spectrum of tenants. The collection includes 18 two-bedroom, one-bathroom units, and 4 one-bedroom, one-bathroom units. One of the standout features of this investment is the inclusion of a garage for each unit, a highly desirable amenity that enhances tenant satisfaction and retention by providing secure parking and additional storage options which sets the property apart in a competitive market. Whether you're looking to expand your portfolio or seeking a flagship investment, this property is sure to be a valuable addition.

Price History
2/23/2024 Listed $6,500,000

General Features

Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Zoning LCC1*
Garage Spaces 34.0
Pool Features None
Year Built 1987
Tenant Pays Electricity,Gas
Stories 2
Levels Two
Property SubType Apartment
Gross Income 489131.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 294682.0
Operating Expense 191366.0
Insurance Expense 11073.0
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Garage Y/N Yes
Special Listing Conditions Standard
Status Pending
Directions South on Citrus from the 210 Freeway or North on Citrus from the 10 Freeway
City Azusa
Entry Location Front
View Y/N No
Senior Community Y/N No
Open Parking Spaces 6.0
Total Units 22
MLS Area 607 - Azusa
Lot Size Square Feet 27517.0
Private Pool No
Waterfront Y/N No
Carport Y/N No
Street Name Citrus
Listing Terms Cash,CashtoNewLoan
Property Attached Y/N Yes
Land Lease Y/N No
Electric Expense 2517.0
Home Warranty Y/N No
Fuel Expense 0.0
Trash Expense 11526.0
Water Sewer Expense 8406.0
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 14
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 1
Property Sub Type Additional Apartment
MobileHomeRemainsYN No

Interior Features

Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Laundry Features CommonArea,LaundryRoom
Entry Level 1
Electric On Property Y/N No

Exterior Features

Water Source Public
Total Parking 40.0
Lot Size Area 27517.0
Number of Buildings 2
Spa No
Building Area Total 18084.0
Lot Size Acres 0.6317
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 2
Number of Separate Gas Meters 22
Number of Separate Electric Meters 22
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 91702

Price
AVG $1.06M
$6.5M
Visits
AVG 48
46
Data Provided by Inside Real Estate®
Year Built
AVG 1978
1987

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