diff --git a/Code/Framework/AzCore/AzCore/Asset/AssetJsonSerializer.cpp b/Code/Framework/AzCore/AzCore/Asset/AssetJsonSerializer.cpp
index 0078abf2d1..17b0cba09d 100644
--- a/Code/Framework/AzCore/AzCore/Asset/AssetJsonSerializer.cpp
+++ b/Code/Framework/AzCore/AzCore/Asset/AssetJsonSerializer.cpp
@@ -129,7 +129,7 @@ namespace AZ
             if (it != inputValue.MemberEnd())
             {
                 ScopedContextPath subPath(context, "assetId");
-                result = ContinueLoading(&id, azrtti_typeid<AssetId>(), it->value, context);
+                result.Combine(ContinueLoading(&id, azrtti_typeid<AssetId>(), it->value, context));
                 if (!id.m_guid.IsNull())
                 {
                     *instance = AssetManager::Instance().FindOrCreateAsset(id, instance->GetType(), instance->GetAutoLoadBehavior());
diff --git a/Code/Framework/AzCore/Tests/AssetJsonSerializerTests.cpp b/Code/Framework/AzCore/Tests/AssetJsonSerializerTests.cpp
index a494207850..bacbc3649d 100644
--- a/Code/Framework/AzCore/Tests/AssetJsonSerializerTests.cpp
+++ b/Code/Framework/AzCore/Tests/AssetJsonSerializerTests.cpp
@@ -130,6 +130,7 @@ namespace JsonSerializationTests
             auto instance = AZStd::make_shared<Asset>();
             instance->Create(id, false);
             instance->SetHint("TestFile");
+            instance->SetAutoLoadBehavior(AZ::Data::AssetLoadBehavior::PreLoad);
             return instance;
         }
 
@@ -153,6 +154,7 @@ namespace JsonSerializationTests
                         "guid": "{BBEAC89F-8BAD-4A9D-BF6E-D0DF84A8DFD6}",
                         "subId": 1
                     },
+                    "loadBehavior": "PreLoad",
                     "assetHint": "TestFile"
                 })";
         }