529 N San Gabriel Ave - Apartments FOR SALE


Azusa, CA 91702
$1,825,000 USD
626-821-1216
529 N San Gabriel Ave, Azusa, CA for Sale
$1,825,000 USD
Apartments - FOR SALE
1/14
null | 2.8% Cap Rate

529 N San Gabriel Ave
Azusa, CA 91702


HIGHLIGHTS

  • Multiple ADU Options
  • Great for Owner Occupy
  • Central Air
  • Copper Plumbing
  • Laundry Hookups
  • All 2bed + 2 Bath

OVERVIEW

This 5-unit multifamily asset at 529 N San Gabriel Avenue offers an outstanding opportunity to acquire an income-generating apartment property in the growing San Gabriel Valley market. The property spans 5,344 square feet on a 0.24-acre lot and consists entirely of spacious two-bedroom, two-bathroom units, all outfitted with copper plumbing and laundry hookups. Units also include central air, adding comfort and modern functionality for residents, while multiple ADU options present additional value potential for future income growth. Residents benefit from proximity to essential retail, dining establishments, and transit corridors, including nearby Foothill Boulevard and easy access to I-210, ensuring strong connectivity throughout the region. Azusa’s revitalization initiatives and transit-oriented focus further signal continued rental demand and appreciation upside within this submarket. Currently generating an effective gross income of approximately $101,850 annually and featuring a 100% occupancy rate, this stabilized investment provides immediate cash flow with room to optimize through enhancements and strategic repositioning to match prevailing market rents. Offered at $1,825,000 with a cap rate of 2.80%, this property serves as a secure foothold for investors seeking a low-vacancy, value-driven multifamily asset within the dynamic San Gabriel Valley region.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$342 USD /SF

# OF UNITS

5

PRICE/UNIT

$365,000

CAP RATE

2.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,459 SF

ZONING

AZR3B*

APN/PARCEL ID

8611-006-007

ASK ABOUT THIS PROPERTY

Matt LyColdwell Banker Commercial RealtyMore Info
626-821-1216

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Matt LyColdwell Banker Commercial RealtyMore Info
626-821-1216

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.