x
Address
1381 N San Gabriel Canyon Road Azusa, CA
Price
$ 9,500,000
Property Attributes
  • MLS#19466670
  • TypeIncome
  • CountyLOS ANGELES
  • CityAzusa
  • AreaAzusa
  • Zip91702
  • Style
  • Price$ 9,500,000
  • Bedrooms62
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage31430
  • Lot Size1.27 Acres
Listing Provided Courtesy Of:
Avison Young – Southern CA LTD
Property Description

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.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
5/15/2019 Listed $9,500,000

General Features

Grn Certif Rating 0.00
MLS Area Azusa
Maintenance 0.00
Property SubType Residential Income
Property Type Residential Income
Senior Community Y/N No
Total Units 36
Transaction Type Sale
Trash Expense 0.00
Water Sewer Expense 0.00
Year Built 1962
Zoning AZR3C*

Interior Features

# Of Ranges 0.00
Cooling Other
Dishwasher(s) 0.00
Disposal(s) 0.00
Heating Other
Living Area 31430.00
Refrigerators 0.00
Total Bedrooms 62

Exterior Features

Bathrooms 40.00
Land Lease Amount 0.00
Lot Size Acres 1.27
Lot Size Source (Assessor)
Lot Size Square Feet 55394.00
Lot Size Units SqFt
Number of Buildings 1
Private Pool Y/N No
Total Parking 37

Amenities

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

Property vs Zip Code Average in 91702

Price
AVG $3.63M
$9.5M
Visits
AVG 26
19
Year Built
AVG 1967
1962
Walkscore
AVG 49
41
Data Provided by Walkscore ® not using MLS data

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