1151 West 5th Street

Azusa, CA
$ 5,250,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

Huge price reduced!!!Beautiful 2 story open office building in Azusa!!!Stable Lease with single unit tenants! Lease expires in May 2023 and tenants have options to renew the lease! Before Covid-19 the rent was higher than 50% of the current rent. Great potential to increase the rent in the future!!!! Current CAP rate is 4.34% with 3 percent rent increased annually. Price per square feet is only 209, almost lowest per square feet price in the area!!! Per current lease, owner only paid property tax and building insurance. Property Tax for year 2020 is $36885 and insurance is 2400. Parking spaces are over 110.

Commercial

  • Price
  • $ 5,250,000
  • Lot Size
  • 1.59 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1985
  • Half Bathrooms
  • 0
  • City, Zip
  • Azusa
  • County
  • LOS ANGELES
  • Style
  • Office
  • Area
  • Azusa
  • MLS#
  • WS21051029
  • Zip
  • 91702
Listing Provided by: XIANGHUI ZHOU with HARVEST REALTY DEVELOPMENT.
Data Source: CRMLS

Features

General

Cooling Central Air
Heating Central
MLS Area 607 - Azusa
Property SubType Office
Property Type Commercial Sale
Security Features Key Card Entry
Terms Cash, Cash to New Loan, Conventional
Total Units 1

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features None

Exterior Features

Lot Features 0-1 Unit/Acre
Lot Size Acres 1.59
Lot Size Area 69260
Lot Size Square Feet 69260
Lot Size Units Square Feet
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Newport Beach, CA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/11/2021 Listed $5,000,000

Property vs Zip Code Average in 91702

Price
AVG $1.19M
$5.25M
Visits
AVG 133
11
Year Built
AVG 1981
1985
Walkscore
AVG 49
26
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

1151 West 5th Street Azusa, CA is a Single Family Home for sale at $5250000 and a lot size of 1.59 Acres Acre(s). 1151 West 5th Street Azusa has 0 bedrooms, 0 baths and was built in 1985. The property's zip code is 91702 which is in Azusa, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.