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700 W 2nd Street

Azusa, CA 91702
  • $3,853,000
  • STATUS: ACTIVE
  • ON SITE: 43 Days
  • ID#: CV24173635
UPDATED: 25 min ago
$3,853,000
  • 12
    BEDS
  • 0.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to 700 W 2nd St, Azusaa unique and rare investment opportunity on the market for the first time since 1987! This exceptional property features six charming homes, each offering 3 bedrooms and 2.5 baths. The layout includes four two-story homes and two single-story homes, all situated on a private street. Every home is incredibly well-maintained, reflecting pride of ownership and attention to detail. The expansive lot offers endless potential, including the possibility to subdivide or create additional income streams. There's ample space for RV storage or even the addition of an Accessory Dwelling Unit (ADU). Tenants benefit from the prime central location, just a short 25-minute drive to popular destinations like Downtown Los Angeles, Dodger Stadium, Sofi Stadium, Disneyland, and much more. Azusa is also home to Azusa Pacific University and borders the city of Glendora, which hosts Citrus Community College. Whether you're an investor looking for a lucrative opportunity or someone seeking a multi-generational living arrangement, this property is a must-see. Dont miss out on the chance to own this versatile and promising estate in the heart of Azusa! Welcome to 700 W 2nd St, Azusaa unique and rare investment opportunity on the market for the first time since 1987! This exceptional property features six charming homes, each offering 3 bedrooms and 2.5 baths. The layout includes four two-story homes and two single-story homes, all situated on a private street. Every home is incredibly well-maintained, reflecting pride of ownership and attention to detail. The expansive lot offers endless potential, including the possibility to subdivide or create additional income streams. There's ample space for RV storage or even the addition of an Accessory Dwelling Unit (ADU). Tenants benefit from the prime central location, just a short 25-minute drive to popular destinations like Downtown Los Angeles, Dodger Stadium, Sofi Stadium, Disneyland, and much more. Azusa is also home to Azusa Pacific University and borders the city of Glendora, which hosts Citrus Community College. Whether you're an investor looking for a lucrative opportunity or someone seeking a multi-generational living arrangement, this property is a must-see. Dont miss out on the chance to own this versatile and promising estate in the heart of Azusa!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/153929880
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700 W 2nd Street Azusa, CA 91702

  • Price: $3,853,000
  • Status: ACTIVE
  • On Site: 43 Days
  • Updated: 25 min ago
  • ID#: CV24173635
12
Beds
0
Baths
0
½ Baths
0.96
Acres
Neighborhood:
Azusa (91702)
County:
Los Angeles
Area:
Azusa (91702)
Property Description
Welcome to 700 W 2nd St, Azusaa unique and rare investment opportunity on the market for the first time since 1987! This exceptional property features six charming homes, each offering 3 bedrooms and 2.5 baths. The layout includes four two-story homes and two single-story homes, all situated on a private street. Every home is incredibly well-maintained, reflecting pride of ownership and attention to detail. The expansive lot offers endless potential, including the possibility to subdivide or create additional income streams. There's ample space for RV storage or even the addition of an Accessory Dwelling Unit (ADU). Tenants benefit from the prime central location, just a short 25-minute drive to popular destinations like Downtown Los Angeles, Dodger Stadium, Sofi Stadium, Disneyland, and much more. Azusa is also home to Azusa Pacific University and borders the city of Glendora, which hosts Citrus Community College. Whether you're an investor looking for a lucrative opportunity or someone seeking a multi-generational living arrangement, this property is a must-see. Dont miss out on the chance to own this versatile and promising estate in the heart of Azusa! Welcome to 700 W 2nd St, Azusaa unique and rare investment opportunity on the market for the first time since 1987! This exceptional property features six charming homes, each offering 3 bedrooms and 2.5 baths. The layout includes four two-story homes and two single-story homes, all situated on a private street. Every home is incredibly well-maintained, reflecting pride of ownership and attention to detail. The expansive lot offers endless potential, including the possibility to subdivide or create additional income streams. There's ample space for RV storage or even the addition of an Accessory Dwelling Unit (ADU). Tenants benefit from the prime central location, just a short 25-minute drive to popular destinations like Downtown Los Angeles, Dodger Stadium, Sofi Stadium, Disneyland, and much more. Azusa is also home to Azusa Pacific University and borders the city of Glendora, which hosts Citrus Community College. Whether you're an investor looking for a lucrative opportunity or someone seeking a multi-generational living arrangement, this property is a must-see. Dont miss out on the chance to own this versatile and promising estate in the heart of Azusa!
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Roof Composition Site Curbs Spa N/K Units With Patios 6

Interior Features

Cooling Central Forced Air Stories 1 Story Total Baths Unit1 3 Total Baths Unit2 3 Total Baths Unit3 3 Total Baths Unit4 3 Units With Range Oven 6 Units With Refrigerators 5 Units With Washers 5

Property Features

Actual Cap Rate 4.9 Annual Expense Actual 50098 Buildings 6 Cfd Mello Roos Fee 2240.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 241500 Home Owners Fees 0.0 Monthly Total Fees 186 Possession Close of Escrow Tenant Pays WaterCable TVElectricityGas/Propane Terms Conventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 3035.0 Unit2 Rent Actual 3950.0 Unit3 Rent Actual 3780.0 Unit4 Rent Actual 2865.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Jill Peterson of RE/MAX MASTERS REALTY: 626-629-8727. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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