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1205 N San Gabriel Ave, Azusa, CA 91702
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1205 N San Gabriel Ave Azusa, CA 91702

$2,800,000
  • 20 Beds
  • 14 Baths
  • 10,264 Sq.Ft.
For Sale
$2,800,000 Get Pre-Qualified
Map preview of 1205 N San Gabriel Ave, Azusa, CA 91702

Property Overview: 1205 N San Gabriel Ave Azusa, CA has 20 bedrooms, 14 bathrooms, 10,264 living square feet and 19,698 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by THE MARK AND AL TEAM | BRE #00914322 | CENTURY 21 MASTERS
Last checked: 15 minutes ago | Last updated: April 28th, 2024 | Source CRMLS | DOM: 118
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Home details

Lot Sq. Ft
19,698
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
CV24004791
City
Azusa
County
Los Angeles
Time on Site
120 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
  • # of Electric Meters: 10
  • # of Gas Meters: 11
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $735
  • Total Rent: $735
  • Pro Forma/Market Rent: $808
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,405
  • Total Rent: $1,405
  • Pro Forma/Market Rent: $1,546
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,135
  • Total Rent: $1,135
  • Pro Forma/Market Rent: $1,249
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,705
  • Total Rent: $1,705
  • Pro Forma/Market Rent: $1,876
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,665
  • Total Rent: $1,665
  • Pro Forma/Market Rent: $1,832
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,725
  • Total Rent: $1,725
  • Pro Forma/Market Rent: $1,898
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $945
  • Total Rent: $945
  • Pro Forma/Market Rent: $1,040
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,715
  • Total Rent: $1,715
  • Pro Forma/Market Rent: $1,887
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,990
  • Total Rent: $1,990
  • Pro Forma/Market Rent: $2,189
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,620
  • Total Rent: $1,620
  • Pro Forma/Market Rent: $1,782
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.41%
  • Gross Rent Multiplier: 15.94
  • Gross Scheduled Income: $175,680
  • Net Operating Income: $123,348
  • Gross Operating Income: --
  • Laundry Income: $2,412
  • Other Income Description: Laundry Room
Annual Expense Breakdown
  • Total Operating Expense: $54,744
  • Electric: $2,844
  • Gas/Fuel: $720
  • Licenses: $2,304
  • New Taxes: $33,600
  • Trash: $4,452
  • Gardener: $1,380
  • Insurance: $4,140
  • Maintenance: $2,400
  • Professional Management: $0
  • Water/Sewer: $2,844
  • Other Expenses: $60
  • Other Expense Description: Fire Ext

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Property Details for 1205 N San Gabriel Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: No Common Walls
  • Total # of Units: 10
  • Parcel Number: 8617014017
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: See Remarks
Location / Neighborhood
Location Information
  • Directions: E/Azusa Ave, N/11th St
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Azusa Agent

Sale History for 1205 N San Gabriel Ave

Last sold on November 24th, 2008

  • January, 2024

  • Jan 11, 2024

    Date

    Active

    CRMLS: CV24004791

    $2,800,000

    Price

  • November, 2008

  • Nov 24, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1205 N San Gabriel Ave

Assessed Value (2020): $472,179
Year Land Value Improved Value Assessed Value
2020 $69,979 $402,200 $472,179

Home Value Compared to the Market

This property vs the competition

1205 N San Gabriel Ave is listed 314.81% higher than the median list price for the city of Azusa which has a median list price of $675,000. The median price per/sqft for Azusa is $496 and this home is listed at $272.8 per/sqft which puts the price per square foot 45% lower than the median price per square foot for the city of Azusa.

About 1205 N San Gabriel Ave

Detailed summary of property

1205 N San Gabriel Ave is a mixed use located in Azusa, CA 91702 and is currently for sale. This mixed use property offers 20 bedrooms, 14 bathrooms, roughly 10,264 living square feet, and sits on an approximately 19,698 square foot lot. 1205 N San Gabriel Ave was first listed on ArdentRealEstateGroup.com on January 11, 2024. The homeowner is currently asking $2,800,000. The median priced home in Azusa is $675,000 with a median price per square foot of $496. Based on Ardent Real Estate Group's Azusa Market Data, this home is listed 314.81% higher than the median priced home. Local competing homes currently for sale include 1043 Coronado Ave, 1128 Stanley Ave and 1126 Raymond Ave. While the average home in Azusa, CA is selling in 32 days, 1205 N San Gabriel Ave has a days on market of 118 days. There are currently 57 homes for sale in the Azusa real estate market and 35 of them are single family homes while 18 of them are condos and 4 are townhomes. For more information on this home for sale at 1205 N San Gabriel Ave Azusa, CA 91702 contact Ardent Real Estate Group and we will put you in touch with one of our Azusa agents.

Public Facts for 1205 N San Gabriel Ave

Public county record property details
Beds
20
Baths
17
Year built
1963
Sq. Ft.
10,264
Lot Size
19,691
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
8617-014-017

The source for these homes facts are from public records.

91702 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$668,988
Median List Price/Sq.Ft.
$492
Median Sold Price
$734,380
Median Sold Price/Sq.Ft.
$519
Total Inventory
56
Median Sale to List Price %
104.91%
Avg Days on Market
30
Loan Type
Conventional (55.56%), FHA (18.52%), VA (0%), Cash (11.11%), Other (14.81%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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