1381 North San Gabriel Canyon Road

Azusa, CA 91702 View Map $9,500,000 Schedule a Showing
Beds62
Baths40
Sq.Ft.31,430
Year1962
Jenny Durling

Jenny Durling

(323) 794-1050
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Status: Active
Property Type:Multi-Family
MLS #:19466670
Sq. Feet:31,430
On Site:96 Days
Lot Size:55394 Sq. Ft.
County:Los Angeles
The Riviera Apartment community is an ideal opportunity for a multifamily investor to take advantage of purchasing an apartment asset in thedynamic growth market of the East San Gabriel Valley, City of Azusa. The Riviera is conveniently located within a short distance to retail, restaurants, gold line transit hub, major entertainment venues and the top employment centers.The Riviera Apartments is the perfect multifamily investment opportunity with projected longterm market stability, positive rental growth, improving East San Gabriel Valley sub-market location, tax and long-term appreciation benefits The ownership does not have a defined timeline to sell and therefore may be able to accommodate timing on a 1031 exchange into Riviera. Additionally, the ownership has two other multifamily assets in this submarket and may entertain a sale of those properties with Riviera. The property has projected immediateupside in the rental income.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:1381 North San Gabriel Canyon Road Azusa, CA 91702
City:Azusa
Zip Code:91702

Architecture

Bedrooms: 62
Bathrooms: 40
Year Built:1962
Parking Type: Carport

Features / Amenities

Total Sq. Ft.:31430

Property Features

Num. Floors in Condo Bldg.:2
Lot Size: 55394 Sq. Ft.
Zoning:AZR3C*

Tax and Financial Info

Adjusted Gross Income: $700, 800
Gross Income: $725, 372
Net Operating Income: $427, 986
Cap Rate: $5
Expense Total Annual: $297, 386
Legal Disclosures: Take Property As Is
Special Conditions: Standard Sale
Association Amenities: Fence
Pets Allowed: PetsAllowed

Schools

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1381 North San Gabriel Canyon Road Azusa, CA 91702
 
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Listing Information Last Updated 8/18/2019
Listing provided courtesy of Avison Young ? Southern CA LTD.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than L.A. Property Solutions are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
Home for sale at .

Description: The property at 1381 North San Gabriel Canyon Road Azusa, CA 91702 in the subdivision with the MLS# 19466670 is currently listed for $9,500,000 and has been on the market for 95 days.

GeoCoordinates:
34.148972872
-117.909548218

Listing Price: $9,500,000

You are viewing the NWMLS listing details of the home for sale at 1381 North San Gabriel Canyon Road Azusa, CA 91702, which features 62 bedrooms and 40 bathrooms, and 31430 sq.ft. of living area.