Closed

1381 N San Gabriel Canyon Road

Azusa CA, 91702

$10,800,000


$343.62 per sqft

Closed

31,430 sqft

Condo

Built in 1962

Listed by ERIC CHEN with CB RICHARD ELLIS 909-418-2000

The Riviera Apartments located at 1381 N San Gabriel Canyon Road in the city of Azusa. May also be purchased together or separately with the Palm View Apartments located at 1311 N Azusa Avenue in the city of Azusa. Situated one parcel from one another, the Riviera Apartments and the Palm View Apartments are on the same block between Sierra Madre Avenue and E 13th Street. Both properties provide easy access to Azusa Pacific University, Downtown Azusa, the 210 Freeway, and the Metro Gold Line Station. The properties are within minutes to plenty of diverse restaurants, shopping, and world class educational institutions. Located in the heart of the San Gabriel Valley, Azusa is a charming LA suburb regarded for its pervasive natural beauty and exceptional opportunities for outdoor recreation. Nicknamed "the Canyon City," Azusa sits at the entrance to the San Gabriel Canyon. The San Gabriel Mountains are also visible throughout much of the city. In addition to the canyons and mountains, Azusa residents enjoy access to a host of scenic parks and trails, including the nearby Santa Fe Dam Recreation Area. The city of Azusa is ideally located by offering convenient access to the neighboring cities within the San Gabriel Valley, Los Angeles County and San Bernardino County. It is less than 30 miles from LAX and is conveniently positioned within minutes to the I-210 and I-10 freeways with just a short drive way from Downtown Los Angeles and Pasadena. Significant local landmarks within a 20-mile radius include: The Huntington Library, The Rose Bowl, Dodger Stadium, The Staples Center, Santa Anita Park, Griffith Observatory, Los Angeles Zoo, Hollywood Walk of Fame, Hollywood Bowl, Universal Studios, and more. The Riviera Apartments in Azusa is a well-maintained, newly renovated 2-story, 36-unit property built in 1962. The Property is situated on one parcel, a total of +-1.275 acres of land and a total building size of +-31,430 square feet. It features a unit mix of one-bed/one-bathroom, two-bed/one-bathroom, and two-bed/ two-bathroom units averaging 873 gross square feet per unit. The units feature high-speed Internet access, air conditioning, ceiling fans, wall-to-wall carpet and window coverings. The building features on-site laundry, covered parking and a pool with mature landscaping. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.

CV21219195

MLS ID

October 1, 2021

Listed

May 25, 2024

Updated

Map

1381 N San Gabriel Canyon Road
Azusa CA, 91702

Interior Features

Total Stories

2


Interior Features

Ceiling Fan(s)


Laundry Description

Common Area


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

1.27 Acres


Lot Features

36-40 Units/Acre


Sewer

Public Sewer

Other Property Details

Area Name

607 - Azusa


Days on Market

159


Garage

No


Parking Total

38


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

Community


Zoning

AZR3C*


Buyer Agency Compensation

0.75%

Listing Contact: 909-418-2000 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/25/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/25/2024 at 1:36 AM UTC

 

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