333 N ROCKVALE Avenue, Azusa CA, 91702

Sold

333 N ROCKVALE Avenue

Azusa CA, 91702

$7,500,000

Sold

Residential

Built in 1960

Listed by Peter Hauser with Avison Young – Southern CA LTD 949-430-0687

The Rockvale Apartment Community is an ideal opportunity for a multifamily investor to take advantage of purchasing an apartment asset in the dynamic growth market of the East San Gabriel Valley. The Rockvale Apartments is conveniently located within a short distance to retail, restaurants, gold line transit hub, major entertainment venues and the top employment centers. The ownership does not have a defined timeline to sell and therefore may be able to accommodate timing on a 1031 exchange into Rockvale. The property features a projected immediately attainable upside in rental income. This is also a value add opportunity as the owners have owned the property for almost 30 years and have maintained, but not fully upgraded the interiors. The Rockvale Apartments is the perfect multifamily investment opportunity with projected long-term market stability, positive rental growth, improving East San Gabriel Valley sub-market location, tax and long-term appreciation benefits

19500218

MLSⓇ ID

March 18, 2024

Updated

Interior Features

Total Stories: 2
Appliances: Refrigerator
Fireplace: No
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Other Property Details

Area Name: 607 - Azusa
Days on Market: 108
Garage: No
Parking: Attached Carport, Covered
View: No
County: Los Angeles
Zoning: AZR3C1200*

Listing Contact: 213-935-7430

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. 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.

Data last updated on 3/18/2024 at 6:21 PM UTC