Property Details

600 W Paramount St
Azusa, CA 91702

Price
$1,150,000
GRM
10  
GSI
$112,200  
NOI
$74,440  
CAP Rate
6.5  
Units
11  
Price/unit
$104,545  
Square Footage
4,369  
Price/sqft
$263  
Lot Size (sqft)
24,334  
Year Built
1960  

Property Description

Newly renovated and fully entitled residential care - assisted living facility in Azusa, CA. Approximately 4,369± SF of living space consisting of 11 studio type rooms (Allows up to 15 Beds), large common area room, full kitchen and care facilities. Lot is approximately 24,334± SF and has approval up to another 8 studios. Seller will deliver with plans for additional rooms and a turnkey operation.

Perfect for existing residential care - assisted living operators. Conservative Annual Gross Scheduled Rents of $112,200, $850 per room, per month. See supplements for marketing package.


Unit Composition

QtyBedroomsBathrooms
111 Bedroom1 Bath

Contact Regioncy