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32903978
32903987

602 Cedarglen, Azusa, CA 91702

GP
CA CA 02188347
Marcus & Millichap - Inland Empire
KS
CA CA 01266441
Marcus & Millichap - Inland Empire
Listed by Marcus & Millichap - Inland Empire
$1,050,000
12 days on market
Updated 11 days ago
Opportunity zone

602 Cedarglen

Details
APN 8612001031
Property Type Multifamily
Sub Type Apartment Building
Units 4
Buildings 1
Acreage 0.138
Zoning Public Rec

Multifamily | 4 Units

Marketing description

We are pleased to present the opportunity to acquire a four-unit multifamily investment property located at 602 Cedarglen Drive in Azusa, California. Situated on a corner lot within an established residential neighborhood, the property offers investors the opportunity to acquire a well-located apartment asset in the San Gabriel Valley with strong underlying rental demand and proximity to major educational and employment drivers. Built in 1963, the property consists of approximately 2,591 square feet of building area situated on a 0.14-acre MOD (Moderate Density Residential) zoned lot. The property is comprised of one building featuring an all one-bedroom / one-bathroom unit mix averaging approximately 650 square feet. Additional property features include four tuckunder carport parking spaces that provide covered tenant parking. The property is separately metered for gas and electricity, while ownership currently pays for water, sewer, and trash services. The property benefits from a desirable Azusa location with convenient access to surrounding retail, dining, and transportation amenities. The asset is located near Azusa Pacific University and Citrus College, two major educational institutions that contribute to consistent rental demand within the area. Residents also benefit from proximity to the Metro A Line (Gold Line), providing connectivity throughout the San Gabriel Valley and into Downtown Los Angeles. Additionally, the property offers convenient access to the 210 Freeway, allowing tenants efficient access to surrounding employment hubs across Los Angeles County and
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Listing Contacts

GP
CA CA 02188347
Marcus & Millichap - Inland Empire
KS
CA CA 01266441
Marcus & Millichap - Inland Empire
Listed by Marcus & Millichap - Inland Empire

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Additional Information

Name
Gisele Pinedo
License
CA 02188347
Brokerage Phone
9094563477
Name
Kevin Struve
License
CA 01266441
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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