Core, Trophy Los Angeles MSA Self-Storage Opportunity – Azusa, CA
900 W Foothill Blvd Azusa, CA 91702

Price
Market Bid
NRSF
102,601
Los Angeles MSA
Core
Core Location: Los Angeles is one the country’s preeminent self storage markets with excellent supply/demand fundamentals and very high barriers to entry
Aging Existing Supply: Only new self storage development delivered in the trade area in the past 20 years with only 2.03 SF per capita of existing climate-controlled space
Best-in-Class Asset: Trophy, institutional-quality, iconic design and architecture positions the project to outperform inferior quality competition
Pent-up Demand: Achieved 90%+ occupancy within 18 months and poised for immediate rental rate growth with occupancy currently at 97%
Strong Demographics: Avg. Household incomes of nearly $118,000 in the 3-mile radius and over $121,000 in the 5-mile radius
High Population Density: 120,000 residents within 3 miles and over 325,000 within 5 miles
Housing Growth: Azusa is required to add an additional 2,000+ units by 2029 to meet state mandated housing requirements
High Barriers to Entry: Stringent entitlement environment and limited land availability restrict new competition
Excellent Visibility: Prime location with high traffic counts and distinctive Route 66 architectural design

The Cushman & Wakefield Self Storage Advisory Group has been retained as exclusive advisor to offer for sale this best-in-class, newly constructed, institutional-quality trophy asset in the highly supply-constrained Los Angeles metro market.

Strategically located along historic Route 66 (Foothill Boulevard), the property benefits from iconic architecture and exceptional visibility along one of Southern California’s most recognizable corridors. The high-profile corner site offers climate-controlled space, superior ingress/egress, and a covered loading area, delivering a competitive advantage over older, first-generation facilities.

The facility opened in Fall 2023 and achieved 90%+ physical occupancy within its first 18 months, now stabilized at 97%. This rapid lease-up underscores the pronounced supply/demand imbalance in the San Gabriel Valley—where this is the only new project delivered in the past two decades and with little new development in the pipeline. With in-place rents still trailing submarket averages and Los Angeles County’s emergency rent restrictions scheduled to expire in January 2026, the asset is exceptionally well positioned for immediate, outsized rental rate growth.

Situated on West Foothill Boulevard, the store boasts exposure to more than 22,000 vehicles per day. It is proximate to Azusa Pacific University (10,000+ students) and Citrus College (12,000+ students), ensuring consistent demand from students, faculty, and staff. The surrounding community continues to benefit from robust housing development, with both multifamily and single-family projects under construction and planned.

Azusa, located in the San Gabriel Valley, is home to more than 1.5 million residents and serves as a key employment and housing hub within Los Angeles County. The immediate trade area supports over 120,000 residents within three miles and more than 325,000 within five miles, with average household incomes exceeding $117,000 and $120,000, respectively.

With exceptional lease-up performance, scarcity of new supply, strong demographics, and a prime location adjacent to major universities and expanding residential neighborhoods, this opportunity represents an irreplaceable chance to acquire a core, best-in-class self storage investment in one of the nation’s most sought-after and supply-constrained markets.




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