Est. cap rate

3.4%

Assumed rent, all units

$4,400/mo

Units

2

Price per unit

$389,400

Est. annual NOI

$26,400

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

3

Bathrooms

2

Building size

1,038 sqft

Lot size

2,110 sqft

Year built

1927

Stories

1

Garage spaces

0

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

51

MLS #

245060877

About this property

Brand new duplex opportunity located in the heart of Azusa just moments from local parks, shopping, dining, and Downtown Azusa. This unique property features two units on one lot, both extensively rebuilt with modern upgrades throughout. The front craftsman-style home was taken down to the studs and rebuilt brand new offering 2 bedrooms, 1 bathroom, indoor laundry, luxury vinyl plank flooring, new wall AC units, and a beautifully updated kitchen with gray cabinetry, quartz countertops, and modern finishes. The bathroom features a stunning tiled bathtub/shower combo, while the cozy front porch creates the perfect space to relax and enjoy the neighborhood. The rear ADU is 300 sqft and is also newly built with its own private bathroom and alley access. Convenient street parking is available per City of Azusa regulations. A rare opportunity for owner-users, multi-generational living, or investment potential in a prime Azusa location.

Location

308 N Pasadena Avenue

Azusa, Los Angeles, CA, 91702