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420 N Alameda Avenue

Azusa, CA 91702
  • $1,225,000
  • STATUS: Active
  • ON SITE: 138 Days
  • MLS #: P1-20189
UPDATED: 52 min ago
$1,225,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:
Area:

School Ratings & Info

Listing Agent(s): Albert Guevara of Homelife Team Real Estate Investments ((626) 204-8333)


Description

Excellent investment opportunity in one of the most desirable Azusa neighborhoods, close to the 210 Fwy. Three 2-bedroom/1bathroom units. The two attached front units were recently painted, and the recently completed detached 2+1 ADU unit was completed in 2023. All units are presently rented with good rental income and room for upside potential. There are separate laundry rooms for each unit. Near the newly redeveloped Azusa Town Center, with shops, restaurants, and the Gold Line Metro Station. Quiet residential neighborhood with nearby access to the 210, 605 and 57 freeways. The new detached rear unit is a 2+1 ADU. Sale is subject to seller's 1031 exchange at no cost to the buyer. Do not disturb tenants. Call L/A for questions. L/A may assist with financing arrangements at discount to buyer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T07:32:22.45. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/158592256
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420 N Alameda Avenue Azusa, CA 91702

  • Price: $1,225,000
  • Status: Active
  • On Site: 138 Days
  • Updated: 52 min ago
  • MLS #: P1-20189
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1953
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
607 - Azusa
Property Description
Excellent investment opportunity in one of the most desirable Azusa neighborhoods, close to the 210 Fwy. Three 2-bedroom/1bathroom units. The two attached front units were recently painted, and the recently completed detached 2+1 ADU unit was completed in 2023. All units are presently rented with good rental income and room for upside potential. There are separate laundry rooms for each unit. Near the newly redeveloped Azusa Town Center, with shops, restaurants, and the Gold Line Metro Station. Quiet residential neighborhood with nearby access to the 210, 605 and 57 freeways. The new detached rear unit is a 2+1 ADU. Sale is subject to seller's 1031 exchange at no cost to the buyer. Do not disturb tenants. Call L/A for questions. L/A may assist with financing arrangements at discount to buyer.
Exterior Features

Direction Faces West Fencing Chain LinkWood Number Of Separate Electric Meters 3 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Common Walls 1 Common Wall Cooling DuctlessWall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating CentralWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Community Features SuburbanSidewalks Current Financing Conventional Electric Expense 0 Garage YN No Gross Income 66000 Gross Scheduled Income 66000 Insurance Expense 1300 Land Lease YN No Laundry Features InsideLaundry RoomOutside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCal Vet Loan1031 ExchangeFHA 203(b)FHAFreddie MacVA Loan Net Operating Income 56000 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Operating Expense 10000 Possession Close Plus 2 Days Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 1600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-27T07:32:22.45. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Albert Guevara of Homelife Team Real Estate Investments ((626) 204-8333)