Azusa, CA 91702 700 W 2nd Street
$3,853,000
66 more
Presented By: Jill Peterson with RE/MAX MASTERS REALTY; 626-629-8727
Beds • 18
Full/Half Baths • 12 / 6
SQFT • 10,220
Garage • 12
Home Details
Welcome to 700 W 2nd St, Azusa—a 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. Don’t miss out on the chance to own this versatile and promising estate in the heart of Azusa!
Presented By: Jill Peterson with RE/MAX MASTERS REALTY; 626-629-8727
Interior Features for 700 W 2nd Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesInside, InGarage
Total Stories2
Other Rooms
Entry Level1
General for 700 W 2nd Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.9
Carport Y/NYes
CityAzusa
Community FeaturesCurbs
CoolingCentralAir
CountyLos Angeles
Days on Market1
DirectionsOff of N Vernon ave & W Second St
Entry Location1
Garage Spaces12.0
Garage Y/NYes
Gross Income241500.0
HOA0.0
HeatingCentral
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense11542.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Lot Size Square Feet41700.0
Lot Size UnitsSquareFeet
MLS Area607 - Azusa
MaintenanceExpense1300.0
MobileHomeRemainsYNNo
Net Operating Income191402.0
New ConstructionNo
Number of Units Leased5
NumberOfUnitsTotal6
Open Parking Spaces5.0
Operating Expense50098.0
Pool FeaturesNone
PossessionCloseOfEscrow, Negotiable
Private PoolNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubTypeSingleFamilyResidence
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories1
Tax Lot55
Tenant PaysCableTV, Electricity, Gas, Water
TermsCashtoNewLoan, Conventional
Total Actual Rent241500.0
Trash Expense5760.0
ViewMountains
View Y/NYes
Waterfront Y/NNo
Year Built1987
Year Built SourceAssessor
ZoningAZR1C*
Exterior for 700 W 2nd Street
Building Area Total10220.0
Crops Included Y/NNo
FencingBlock, Vinyl, Wood
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, SprinklersInRear, SprinklersInFront, Landscaped
Lot Size Acres0.9573
Lot Size Area41700.0
Lot Size SourceAssessor
Number of Buildings6
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters6
Open Parking Y/NNo
Parking FeaturesAttachedCarport, Assigned
SpaNo
Total Parking17.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480