University Village 801 East Alosta Avenue

CBRE, Inc. is proud to exclusively present University Village, an exceptionally rare opportunity to acquire a vacant multifamily community primed for re-positioning. The 320-unit property is located in the San Gabriel Valley, in the eastern Los Angeles city of Azusa contiguous to Azusa Pacific University and Citrus College.

University Village features two-story, low-density product at only 23 units to the
acre. Each apartment home includes an in-home washer/dryer, complete appliance
package with dishwashers, central heating and air conditioning and individual
hot water heaters. Select homes feature vaulted ceilings and oversized balconies.
Community amenities include two spacious outdoor swimming pools, a hot tub, a
large common-area recreational room, ample parking, two tennis courts, and one
basketball court.

Potential value-add improvements could include interior renovations, exterior paint,
landscaping upgrades, repositioning of the tennis courts to multi-use amenities and/
or additional dwelling units, as well as a re-branding of the asset and community
room to a contemporary leasing office and clubhouse.

Located in the center of the San Gabriel Valley, along the 210 corridor, University
Village offers convenient access to the nearby cities of Glendora, San Dimas,
Pasadena, Arcadia, Monrovia, Covina, and La Verne. Situated at the epicenter
of the Azusa’s university and retail district, the community is a walker’s paradise to
restaurants, movie theaters, grocery stores, bakeries, coffee shops, clothing stores
and banking institutions along Route 66 and major thoroughfares linking to East and
West San Gabriel Valley.

University Village offers investors the unique opportunity to acquire a vacant, value-add property in one of the most stable submarkets within the San Gabriel Valley.