Multifamily Property for Sale in Azusa, CA

  • Price: $3.2M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Azusa, CA 91702

Description

10 Units in Azusa | Minutes Away to Downtown Azusa CBRE, as the exclusive advisor, is proud to present 525 N San Gabriel Ave, a compelling 10-unit multifamily investment opportunity in the high-demand Azusa submarket of the San Gabriel Valley. This well-located asset sits just north of the 210 Freeway and less than a block from the essential retail corridor of Foothill Boulevard, providing tenants with unparalleled convenience to destinations like Target, Costco, Starbucks, Max’s Mexican Cuisine, and In-N-Out. Its prime positioning also offers quick access to Downtown Azusa and the Azusa Downtown Station connecting directly to Pasadena. For regional access, tenants enjoy a short 25-minute commute to major employment and entertainment centers including DTLA, Dodger Stadium, Sofi Stadium, and Disneyland. As the home base for Azusa Pacific University and bordering Glendora, the area benefits from significant educational drivers. 525 N San Gabriel Ave is a 10-unit multifamily property spanning a ±12,257 SF parcel with over ±8,300 SF of gross rentable area, featuring an excellent unit mix of two 1-bedroom/1-bathroom units and eight 2-bedroom/1-bathroom units, averaging a spacious 832 SF each. Crucially for investors seeking operational flexibility, the property is NOT subject to the Los Angeles Rent Stabilization Ordinance, benefiting instead from AB 1482 provisions, which allow for higher annual rent increases tied to CPI. Further enhancing the investment profile, the property features mature landscaping, a highly desirable amenity set including garage parking or storage for nearly every unit, pet-friendly apartments complete with private patios or porches, and updated interiors featuring laminate flooring and equipped kitchens with oven ranges. This strong unit base provides further income upside through additional revenue streams from on-site parking and storage, as well as the savvy investor’s opportunity to explore ADU garage conversions for added value (buyer to verify feasibility). The property has been professionally managed and recently saw substantial capital reinvestment by current ownership over the last year, demonstrating a strong foundation. This represents the ideal scenario for a sophisticated investor to step into the driver’s seat and immediately continue rolling out the seller’s successfully-proven value-add program to rapidly capture maximum returns in this fundamentally strong San Gabriel Valley market. 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 buyer.

Market Context

This multifamily in Azusa, CA is listed for sale at $3,200,000. It has been on the market for 148 days. Compare it against other multifamily listings for sale in Azusa, CA — <a href="/search/sale/multifamily/california/azusa">view the full market</a>.

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