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Sold for $6,600,000
  • Listed by: CENTURY 21 MASTERS • THE MARK AND AL TEAM • Contact: offers@markandal.com
    Bought with: Keller Williams Sierra Madre
    $6,600,000

    731 N Azusa Ave, West Covina, CA 91791

    51beds
    29baths
    22,428sqft
    Mixed Use
    Built in 1960
    -- sqft lot
    $6,416,600 Zestimate®
    $294/sqft
    $1,977 Estimated rent

    Home value

    $6,416,600

    $5.77M - $7.19M

    $1,977/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    THE MARK AND AL TEAM DRE #00914322 offers@markandal.com,

    CENTURY 21 MASTERS

    Bought with:

    Jagmeet Singh, DRE #01886951

    Keller Williams Sierra Madre

    Source: CRMLS,MLS#: CV24179404MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 51
    • Bathrooms: 29
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area, Laundry Room
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 22,428
    • Total interior livable area: 22,428 sqft

    Property

    Parking
    • Total spaces: 32
    • Parking features: Assigned, Garage, One Space, Community Structure
    • Garage spaces: 28
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front
    • Pool features: Community, In Ground
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 0.77 Acres
    • Features: 26-30 Units/Acre
    Details
    • Parcel number: 8442008009
    • Zoning: WCR3-MF45*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Unknown
    • Water: See Remarks

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks, Pool
    Location
    • Region: West Covina

    Financial & listing details

    • Price per square foot: $294/sqft
    • Date on market: 9/4/2024
    • Cumulative days on market: 83 days
    • Listing terms: Submit

    Price history

    DateEventPrice
    2/5/2025Sold$6,600,000$294/sqft
    Source: CRMLS #CV24179404 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 91791

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $6,416,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,416,600