- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1950 build
- – on site
The Aztec Canyon Apartments at 5502-06 University Avenue is a fully renovated 10-unit multifamily property totaling approximately 5,866 rentable square feet, situated on a large 21,344 SF lot with over 12 parking spaces. Built in 1950, the unit mix includes one 3 Bed / 1 Bath unit, three 2 Bed / 1 Bath units, and six 1 Bed / 1 Bath units. All units have been extensively upgraded with new windows, modern finishes, updated kitchens and bathrooms, vinyl flooring, high-end appliances, and in-unit A/C. Two units are designated affordable. The property includes on-site laundry (2 washers / 2 dryers), and tenants are billed back for select utilities. There is an income-generating billboard on-site with the current lease expiring January 2025, presenting an opportunity for increased passive income. The property falls within the Complete Communities Housing Plan, offering 6.5 FAR, no height restrictions, and parking relaxation incentives for potential future development. Additionally, the Community Plan designates the site under mixed-use zoning: Residential: 11–15 DU/AC Commercial/Mixed-Use: up to 29 DU/AC, with potential bonus density up to 43 DU/AC where residential is permitted. An assumable Chase loan at a 3.34% fixed rate through March 2027 is in place. Preliminary plans for 20 additional 1 Bed / 1 Bath units and new parking in the rear are available, along with a slope study, soil report, and topo survey.
Last checked:
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Last updated Jul 7, 2025
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MLS# NDP2506649 —
The Building
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Year Built:1950
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Building Area Total:5875.00
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Total Number Of Units:10
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# of Buildings:2
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Stories Total:2
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Entry Level:2
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:1
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# of Separate Water Meters:1
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# of Separate Electric Meters:1
Interior
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Entry Location:Back and Front
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Fireplace:No
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Laundry:Common Area
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Laundry:1
Location
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Directions:E on university ave, in front of burlington and northgate shopping center
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Latitude:32.74835500
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Longitude:-117.07688700
The Property
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Property Type:Residential Income
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Zoning:CC-5-3
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Lot Features:36-40 Units/Acre, Lot 20000-39999 Sqft
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Lot Size Area:21388.0000
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Lot Size Acres:0.4910
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Lot Size SqFt:21388.00
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Lot Size Source:Public Records
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Fence:No
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Property Attached:1
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:00073
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Tax Lot:29
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4724100100
Heating & Cooling
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Cooling:No
Utilities
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Sewer:Public Sewer
Appliances
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Included:No
The Community
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Neighborhood:El Cerrito
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Features:Curbs, Golf, Sidewalks, Street Lights, Biking, Dog Park, Park
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:No
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Parking Spaces:15.00
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Uncovered Spaces:15.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/7/25
Jul 7, 2025
|
Listed / Active | CRMLS_CA | $2,995,000 |