1205 North San Gabriel Avenue

Azusa, CA 91702

$2,800,000
Price
20
Beds
17
Baths
10,264 Sq. Ft.
$273 / Sq. Ft.
10,264
Sq. Ft.
$273
per Sq. Ft.

Description

Nestled in North Azusa with captivating views of the San Gabriel Mountains, this multi-unit property presents a great investment opportunity for a first-time investor or seasoned investors seeking solid returns. The property consist of 10 units with upside rent potential. Among them, five of the units offer 2 bedrooms and 1 ½ bathrooms, three of the units feature 2 bedrooms and 1 bath, while the remaining units feature 2 bedrooms and 1 ¾ baths. Noteworthy amenities include 9 carport spaces with storage,...Nestled in North Azusa with captivating views of the San Gabriel Mountains, this multi-unit property presents a great investment opportunity for a first-time investor or seasoned investors seeking solid returns. The property consist of 10 units with upside rent potential. Among them, five of the units offer 2 bedrooms and 1 ½ bathrooms, three of the units feature 2 bedrooms and 1 bath, while the remaining units feature 2 bedrooms and 1 ¾ baths. Noteworthy amenities include 9 carport spaces with storage, 1 off-street parking space, laundry room, and separate gas and electric meters. Property is adjacent to Northside Park and is conveniently located near schools, shopping centers, a variety of restaurants, and Azusa Downtown Metro Station. Buyer to complete their own due diligence in regard to all aspects of the property, including income, expenses, and potential rents.
  1. Listed by THE MARK AND AL TEAM • DRE #00914322 • Brokerage DRE #01849354 • CENTURY 21 MASTERS

Property Details for 1205 North San Gabriel Avenue

View
Mountain(s)
Parking Spaces Total
10
Private Pool
No
Total Units
10.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
10264
Assessor Parcel Number
8617-014-017

Location

Listing Courtesy of CENTURY 21 MASTERS, THE MARK AND AL TEAM, DRE #00914322
Add your commute
LISTING UPDATED: 01/11/2024 01:39 AM

Property Details for 1205 North San Gabriel Avenue

StatusActive
MLS #CV24004791
Days on Market107
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1963
Lot Size0.45 AC / 19,698 SF
CountyLos Angeles County

Location

Listing Courtesy of CENTURY 21 MASTERS, THE MARK AND AL TEAM, DRE #00914322
Add your commute

Building Information for 1205 North San Gabriel Avenue

Stories2Residences-Year Built1963Building Size-Lot Size0.45 AC / 19,698 SF

Payment Calculator

$15,999 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,281

Property Taxes

$718

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1205 North San Gabriel Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $178,092
  • Gross Scheduled Income: $175,680
  • Net Operating Income: $123,348
  • Laundry Income: $2,412
  • Other Income Description: Laundry Room
  • Gross Multiplier: 15.94
  • Cap Rate: 4.41
Expense Details
  • Operating Expense: $54,744
  • New Taxes Expense: $33,600
  • Gardener Expense: $1,380
  • Fuel Expense: $720
  • Licenses Expense: $2,304
  • Electric Expense: $2,844
  • Insurance Expense: $4,140
  • Maintenance Expense: $2,400
  • Professional Management Expense: $0
  • Other Expense: $60
  • Other Expense Description: Fire Ext
  • Trash Expense: $4,452
  • Water Sewer Expense: $2,844
  • Total Expenses: $54,744
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 627
  • Tax Census Tract: 4006.03
  • Tax Lot: 0
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: See Remarks
  • Sewer: Unknown
  • Water Source: See Remarks
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned
  • Uncovered Spaces: 1
  • Open Other Spaces Total: 1
  • Parking Garage Spaces: 0
  • Carport Spaces: 9
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $735
  • Unit Type Total Rent: $735
  • Unit Type Pro Forma: 808
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,405
  • Unit Type Total Rent: $1,405
  • Unit Type Pro Forma: 1546
  • Unit Type Type: 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,135
  • Unit Type Total Rent: $1,135
  • Unit Type Pro Forma: 1249
  • Unit Type Type: 2
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,705
  • Unit Type Total Rent: $1,705
  • Unit Type Pro Forma: 1876
  • Unit Type Type: 3
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,665
  • Unit Type Total Rent: $1,665
  • Unit Type Pro Forma: 1832
  • Unit Type Type: 4
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,725
  • Unit Type Total Rent: $1,725
  • Unit Type Pro Forma: 1898
  • Unit Type Type: 5
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $945
  • Unit Type Total Rent: $945
  • Unit Type Pro Forma: 1040
  • Unit Type Type: 6
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,715
  • Unit Type Total Rent: $1,715
  • Unit Type Pro Forma: 1887
  • Unit Type Type: 7
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,990
  • Unit Type Total Rent: $1,990
  • Unit Type Pro Forma: 2189
  • Unit Type Type: 8
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,620
  • Unit Type Total Rent: $1,620
  • Unit Type Pro Forma: 1782
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1

Property History for 1205 North San Gabriel Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1205 North San Gabriel Avenue

Taxable ValueLand$73,559Additions$422,782Total$496,341
Tax Record2023$8,614 ($718 / month)
Home Facts
Total Finished SqFt10,264 SqFtAbove Grade Finished SqFt10,264 SqFtLot Size19,692 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningAZR3C*CountyLOS ANGELESAPN8617-014-017

Schools near 1205 North San Gabriel Avenue

This home is within Azusa Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Victor F. Hodge Elementary School
PublicK to 5

Slauson Intermediate School
Public7 to 8

Azusa High School
Public9 to 12

Sierra High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1205 North San Gabriel Avenue is a mixed use property for sale in Azusa, CA 91702. This property was listed for sale on January 11, 2024 by CENTURY 21 MASTERS, it's currently listed at $2,800,000. This listing's school district is Azusa Unified School District. Nearby schools include Victor F. Hodge Elementary School, Slauson Intermediate School and Azusa High School. 1205 North San Gabriel Avenue is a 20-bed, 17-bath, 10,264 sqft mixed use property built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 MASTERS, THE MARK AND AL TEAM, DRE #00914322

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.