619 N San Gabriel Avenue

    Azusa, CA 91702
    • $725,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 819002980
    UPDATED: 54 min ago
    $725,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Description

    Just Reduced $55K! Seller financing available. Located at 619 N San Gabriel Avenue in Azusa, California, this development opportunity has been fully entitled, 'ready-to-issue' permits ('shovel-ready') for a 7-unit mixed-use condominium project. The property is situated just south of Foothill Boulevard (Historic Route 66), on the southbound corridor of State Route 39 in prime downtown Azusa. This opportunity is ideal for an investor looking to build and hold the asset to enjoy its rental income, or an investor/developer wishing to realize return on investment upon completion. The approved plans include a +/-899 SF retail/office unit and 11 parking spaces + 1 handicap parking on the 1st floor, and six residential units on the 2nd and 3rd floors. The design for the residential condos consists of two 2 bed / 1.5 bath, and four 3 bed / 2.5 bath units. The 2-bedroom is designed to provide +/-1,132 SF of living area, and the 3-bedroom ranges from +/-1,365 to +/-1,618 SF of living area. Currently, there is an auto repair shop on site with $1,300 monthly rental income (month-to-month). The property is conveniently located with nearby Starbucks, Target, US Post Office, and Memorial Park. Furthermore, the location provides easy access to 210, 605, and 57 free

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    Based on information from CARETS as of 2019-09-20T15:51:21.817. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
    www.goldenpalmproperties.com/homes/96315123

    619 N San Gabriel Avenue Azusa, CA 91702

    • Price: $725,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: 819002980
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    Azusa (607)
    County:
    Los Angeles
    Area:
    Azusa (607)
    Property Description
    Just Reduced $55K! Seller financing available. Located at 619 N San Gabriel Avenue in Azusa, California, this development opportunity has been fully entitled, 'ready-to-issue' permits ('shovel-ready') for a 7-unit mixed-use condominium project. The property is situated just south of Foothill Boulevard (Historic Route 66), on the southbound corridor of State Route 39 in prime downtown Azusa. This opportunity is ideal for an investor looking to build and hold the asset to enjoy its rental income, or an investor/developer wishing to realize return on investment upon completion. The approved plans include a +/-899 SF retail/office unit and 11 parking spaces + 1 handicap parking on the 1st floor, and six residential units on the 2nd and 3rd floors. The design for the residential condos consists of two 2 bed / 1.5 bath, and four 3 bed / 2.5 bath units. The 2-bedroom is designed to provide +/-1,132 SF of living area, and the 3-bedroom ranges from +/-1,365 to +/-1,618 SF of living area. Currently, there is an auto repair shop on site with $1,300 monthly rental income (month-to-month). The property is conveniently located with nearby Starbucks, Target, US Post Office, and Memorial Park. Furthermore, the location provides easy access to 210, 605, and 57 free
    Property Features

    Country United States Of America Cross Streets Foothill Blvd Hoa YN N Improvements Existing Retail - Auto Repair Shop Land Lease Amount Per Year 0.0 Listing Terms CashCash To New Loan Lot Size Source Other Possession Close of Escrow Special Conditions Standard Sale Tax Mello Roos No Zoning Azcbd*

    Listing provided courtesy of Tzu-Ning Chang DRE#02028509 of Keller Williams Realty and Casey Picard CA DRE# 01921866 of .


    Based on information from CARETS as of 2019-09-20T15:51:21.817. The information being provided by CARETS 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 CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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. 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.

    Licensed in the State of California, USA.
     
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    433 N. Camden Drive, 6th Floor
    Beverly Hills CA, 90210