333 N Rockvale Ave

$8,400,000, 50 Beds 34 Baths 25,236 Sqft

About This Property

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

Essential Information

MLS® #19500218
Price$8,400,000
Bedrooms50
Bathrooms34.00
Square Footage25,236
Acres0.00
Year Built1960
TypeResidential Income
Sub-TypeApartment Building
StatusActive

Community Information

Address333 N Rockvale Ave
AreaAzusa (607)
CityAzusa
CountyLos Angeles
StateCA
Zip Code91702

Amenities

Parking Spaces34
ParkingCarport Attached

Interior

AppliancesRefrigerator
HeatingWall Heater
CoolingWall or Window Units
# of Stories2

Additional Information

Date ListedAugust 15th, 2019
Days on Market32
ZoningAZR3C1200*
HOA Fees0.00

Listing Details

AgentPeter Hauser(00856966)
OfficeAvison Young ? Southern CA LTD

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