$800,000
$1,050,000
23.8%For more information regarding the value of a property, please contact us for a free consultation.
502 W 1st ST Azusa, CA 91702
0.36 Acres Lot
Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV20050280
Sold Date 06/30/20
HOA Y/N No
Year Built 1963
Lot Size 0.360 Acres
Property Description
TREMENDOUS OPPORTUNITY TO OWN SIGNIFICANT INCOME PROPERTY LOCATED NEAR THE HEART OF DOWNTOWN AZUSA AND MINUTES AWAY FROM GLENDORA. PEACEFUL LOCATION CLOSE TO SHOPPING, SCHOOLS, APU AND TRANSPORTATION. ASSESSOR RECORDS STATE OVER 3,700 SF BUT MAIN HOUSE HAS 2ND STORY THAT MAY NOT BE INCLUDED IN ASSESSOR VALUE. EACH UNIT IS A SEPARATE STRUCTURE WITH NO SHARED WALLS AND INDIVIDUAL GARAGE PARKING. MAIN HOUSE HAS 2 CAR GARAGE. INCOME POTENTIAL IS SUBSTANTIAL. LONG TERM TENANTS HAVE RESIDED HERE FOR MANY YEARS ON MONTH-TO-MONTH RENTAL AGREEMENTS. 3 UNITS ARE IDENTICAL AT 864 SF 1-STORY FLOOR PLANS EACH WITH 2 BEDROOMS/1 BATH & ONE CAR GARAGE PARKING. DO NOT DISTURB TENANTS. ALL CONTACT MADE THRU AGENT.
Location
State CA
County Los Angeles
Area 607 - Azusa
Zoning AZR1C*
Interior
Fireplace No
Laundry In Kitchen, See Remarks
Exterior
Parking Features Attached Carport, Detached Carport
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description Corner Lot, Street Level
Story 2
Entry Level One
Sewer Unknown
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 8614007001
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with YAOTIAN LUO • SKYWAY INVESTMENT CORP.