Deal numbers
A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.
Property details
- Type
- SingleFamilyResidence
- Bedrooms
- 6
- Building size
- 10,220 sqft
- Lot size
- 41,700 sqft
- Year built
- 1987
- Stories
- 2
- Garage spaces
- 12
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- Mountain(s)
- Status
- Active
- Days on market
- 172
- MLS #
- 241521173
About this property
Welcome to 700 W 2nd St in Azusa—a truly rare and exciting investment opportunity, offered for the first time since 1987. This one-of-a-kind property features six well-appointed residences, each offering 3 bedrooms and 2.5 bathrooms, thoughtfully arranged on a private street for added privacy and charm. The community includes four spacious two-story homes and two desirable single-story homes, all meticulously maintained and showcasing pride of ownership throughout. Recent improvements add even more value, including new roofs on two of the homes and beautifully remodeled upstairs bathrooms in home #6, blending modern updates with the property’s already well-kept condition. Situated on an expansive lot, the property presents incredible upside potential with opportunities to subdivide, expand, or enhance income streams. There’s ample room for RV parking, additional storage, or the possible addition of an ADU, making it an ideal option for investors looking to maximize returns. Tenants enjoy a highly convenient central location with easy access to major freeways and are just a short drive from Downtown Los Angeles, Dodger Stadium, SoFi Stadium, Disneyland, and more. The property is also near Azusa Pacific University and neighboring Glendora, home to Citrus College, further enhancing its long-term rental appeal. Whether you’re seeking a strong income-producing asset or a versatile multi-generational living setup, this property offers endless possibilities. Opportunities like this are few and far between—don’t miss your chance to own a standout asset in the heart of Azusa.
Location
700 W 2nd Street
Azusa, Los Angeles, CA, 91702