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Victoria Andocilla

Victoria Andocilla
Victoria And The Victory Team
West Covina & La Puente, CA

626-715-6324
Contact Us
CA BRE: 01488574

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Listing 24 out of 106
Sold for $930,000 Sold

1290 N San Gabriel Avenue
Azusa, CA 91702

3 units | Multi Family Home
8999 sq ft lot - MLS# TR19019591
Property Photo

Sold

Sold for $930,000 on Jun 11, 2019

Description

Great investment opportunity with tremendous upside potential on future rent increase. 3372 sf. Triplex on a 9000 sf lot, built in 1981 at the edge of beautiful N. Azusa. Spacious units, all are 2 bed and 2 bath. Two of the units are one story ground level. Unit 1 faces the street & rents for $1650 per month, since August 2017. Unit 1 has new wood floors, dishwasher and stove. Both baths were redone appx 5 yrs ago. Unit 2 shares one wall w/ unit 1 & rents for $1550, they are a long time section 8 tenant, since May 2008. Unit 2 is mostly original condition. Unit 3 sits above the 5 one car garages & has a private balcony facing the common lawn area w/ fruit trees. It rents for $1600 since Oct 2011. Unit 3 has upgraded bathrooms appx. 5 yrs ago. Each home has a one car detached garage. 2 additional garages are used by the owner & or long time renter that is off premises and pays $125 per month since 1991. The two ground level units have their own private fenced patio areas. All units if updated should easily command $1900 per month as they are appx. 1125 sf each. All units have newer central air and heat along w/ interior laundry hook ups. The 2 extra garages should rent for roughly $150 to $250 per month each. Interior inspection upon acceptance of an offer. All units have individual electric & gas meters. Composition shingle roof. The landlord pays the water bill. Walk to Canyon Park at Sierra Madre and San Gabriel Rd. or to the Target store to the south.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Closed
  • Listing Price: $949,000
  • Zip Code: 91702
  • Year Built: 1981
  • Style: Contemporary
  • Stories: One
  • Units: 3 units
  • # of Parking Spaces: 9.00
  • Lot Size: 8999 sq ft lot
  • Zoning: AZR3B*
  • Area: 607 - Azusa
  • Appliances: Disposal, Gas Range, Gas Cooktop, Vented Exhaust Fan, Water Heater
  • Appliances YN: Yes
  • Average 2 Bed Area: 1124
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 3372.00
  • Building Area Units: Square Feet
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Community Features: Curbs, Gutters, Storm Drains, Suburban
  • Construction Materials: Frame, Stucco
  • Cooling: Central Air
  • Cooling YN: Yes
  • Country: US
  • Directions: South of Sierra Madre, West of Azusa Ave.
  • Electric: Electricity - On Property, Standard
  • Entry Level: 1
  • Entry Location: 1
  • Fence YN: Yes
  • Fencing: Average Condition, Wood
  • Flooring: Carpet
  • Foundation Details: Slab
  • Garage Income: 250.00
  • Garage Rental Rate: 250.00
  • Garage Spaces: 5.00
  • Gross Income: 60600.00
  • Gross Scheduled Income: 60600.00
  • Heating: Central, Natural Gas
  • Heating YN: Yes
  • Insurance Expense: 900.00
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Laundry YN: Yes
  • Listing Agent License: 01016494
  • Listing Office License: 01294640
  • Lot Features: Corners Marked, Landscaped, Lawn, Level with Street, Lot 6500-9999, Rectangular Lot, Level, Sprinkler System, Sprinklers In Rear
  • Lot Size Area: 9000.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 55800.00
  • New Taxes Expense: 2500.00
  • Number Of Buildings: 1
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Operating Expense: 400.00
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Side, Garage - Single Door
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Roof: Composition, Shingle
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Bedroom
  • Security Features: Carbon Monoxide Detector(s), Fire Rated Drywall, Smoke Detector(s)
  • Selling Agent: Yunju Wang
  • Selling Agent License: 01898512
  • Selling Office: Coldwell Banker George Realty
  • Sewer: Public Sewer, Sewer Paid
  • Stories Total: 1
  • Total Actual Rent: 4288.00
  • Total Expenses: 7000.00
  • Uncovered Spaces: 4.00
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Sewer Expense: 3600.00
  • Water Source: Public
  • Window Features: Blinds
  • Year Built Source: Assessor
  • Sold Price: 930000.00
  • Sold Date: 2019-06-11
Courtesy of Coldwell Banker Tri-Counties R, Ty Courtney Wallace


Victoria Andocilla | 626-715-6324 | Contact Us
121 S. Mountain Ave.  Upland, CA 91786.
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