x
Address
333 N ROCKVALE Avenue Azusa, CA
Price
$ 8,400,000
Property Attributes
  • MLS#19500218
  • TypeIncome
  • CountyLOS ANGELES
  • CityAzusa
  • AreaAzusa
  • Zip91702
  • Style
  • Price$ 8,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage25236
  • Lot Size0.79 Acres
Listing Provided Courtesy Of:
Peter Hauser with Avison Young – Southern C.
Property Description

The Rockvale Apartment Community is an ideal opportunity for a multifamily investor to take advantage of purchasing an apartment asset in the dynamic growth market of the East San Gabriel Valley. The Rockvale Apartments is conveniently located within a short distance to retail, restaurants, gold line transit hub, major entertainment venues and the top employment centers. The ownership does not have a defined timeline to sell and therefore may be able to accommodate timing on a 1031 exchange into Rockvale. The property features a projected immediately attainable upside in rental income. This is also a value add opportunity as the owners have owned the property for almost 30 years and have maintained, but not fully upgraded the interiors. The Rockvale Apartments is the perfect multifamily investment opportunity with projected long-term market stability, positive rental growth, improving East San Gabriel Valley sub-market location, tax and long-term appreciation benefits

Price History
8/15/2019 Listed $8,400,000

General Features

Directions Located at 333 North Rockvale Avenue, very close proximity to Azusa Pacific University.
Listagentaor Out of Area Board
Listing Agent Peter Hauser - BRE#00856966
Listing Agent State License 00856966
MLS Area 607 - Azusa
Price Per Square Foot 332.86
Source System CRMLS
Total Units 34
Zoning AZR3C1200*

Interior Features

Air Conditioning Y/N Yes
Appliances Refrigerator
Appliances Y/N Yes
Cooling Wall/Window Unit(s)
Total Stories 2

Exterior Features

Special Listing Conditions Standard
Building Area Total 25236.00
Lot Size Acres 0.7917
Lot Size Area 34487.0000
Lot Size Source Assessor
Lot Size Square Feet 34487.00
Lot Size Units Square Feet
Number of Buildings 2
Parking Features Attached Carport, Covered
Parking Y/N Yes

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 $5.67M
$8.4M
Visits
AVG 34
48
Year Built
AVG 1956
1960
Walkscore
AVG 60
71
Data Provided by Walkscore ® not using MLS data

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