625 N Cerritos Ave, Azusa, CA 91702
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625 N Cerritos Ave Azusa, CA 91702

$5,475,000 Sold Price as of 09/03/2021
  • 0 Beds
  • 0 Baths
  • -- Sq.Ft.
Sold
$5,475,000 Sold Price as of 09/03/2021 Refinance Your Mortgage

Map preview of 625 N Cerritos Ave, Azusa, CA 91702

Property Overview: 625 N Cerritos Ave Azusa, CA has -- bedrooms, -- bathrooms, -- living square feet and 19,975 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present the rare opportunity to acquire a 14-unit multi-family investment, located in San Gabriel Valley.

Listed by Grady Liu | BRE #01290494 | MacroReal Inv Grp Inc.
Co-listed by Hao Ding | BRE #02024511 | MacroReal Inv Grp Inc.
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
19,975
HOA Dues
$0/mo
Year built
1988
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
TR21122458
City
Azusa
County
Los Angeles
Time on Site
1200 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 2
  • # of Electric Meters: 15
  • # of Gas Meters: 15
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 14
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 625 N Cerritos Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 14
  • Parcel Number: 8612003001
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Huntington Drive
Neighborhood Information
  • Community Features: Valley
View more facts & features

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Sale History for 625 N Cerritos Ave

Last sold for $5,475,000 on September 3rd, 2021
  • September, 2021

  • Sep 9, 2021

    Date

    Sold

    CRMLS: TR21122458

    $5,475,000

    Price

  • Sep 9, 2021

    Date

    Pending

    CRMLS: TR21122458

    $5,600,000

    Price

  • Jun 7, 2021

    Date

    Active

    CRMLS: TR21122458

    $5,600,000

    Price

  • August, 2018

  • Aug 8, 2018

    Date

    Sold (Public Records)

    Public Records

    $10,890,000

    Price

  • March, 2017

  • Mar 24, 2017

    Date

    Sold (Public Records)

    Public Records

    $2,825,000

    Price

Show More

Tax History for 625 N Cerritos Ave

Assessed Value (2020): $3,882,400
Year Land Value Improved Value Assessed Value
2020 $1,550,400 $2,332,000 $3,882,400

Home Value Compared to the Market

This property vs the competition

625 N Cerritos Ave sold on September 3, 2021 for 685.96% higher than the current median sold price for the city of Azusa which is $712,500.

About 625 N Cerritos Ave

Detailed summary of property

625 N Cerritos Ave is a multi family that recently sold in Azusa, CA 91702. This multi family property offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 19,975 square foot lot. 625 N Cerritos Ave was first listed on ArdentRealEstateGroup.com on June 7, 2021. The homeowner sold the property for $5,475,000. Home in Azusa are selling for a median price of $712,500 and a median price per square foot of $482. Based on Ardent Real Estate Group's Azusa Market Data, this home is sold 685.96% higher than the current median priced home. Local homes that are currently for sale include 816 S Westlake Ave, 676 S Rampart Blvd and 5871 S San Pedro St. While the average home in Azusa, CA is selling in 46 days, 625 N Cerritos Ave has a days on market of 43 days. There are currently 76 homes for sale in the Azusa real estate market and 47 of them are single family homes while 21 of them are condos and 8 are townhomes. For more information on this home for sale at 625 N Cerritos 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 625 N Cerritos Ave

Public county record property details
Beds
--
Baths
--
Year built
1988
Sq. Ft.
12,372
Lot Size
19,975
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
8612-003-001

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
$688,000
Median List Price/Sq.Ft.
$487
Median Sold Price
$712,500
Median Sold Price/Sq.Ft.
$482
Total Inventory
75
Median Sale to List Price %
101.79%
Avg Days on Market
15
Loan Type
Conventional (51.72%), FHA (17.24%), VA (3.45%), Cash (6.9%), Other (20.69%)

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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.