Est. cap rate

2.0%

Assumed rent, all units

$4,400/mo

Units

2

Price per unit

$674,000

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

Building size

2,475 sqft

Lot size

7,752 sqft

Year built

1957

Stories

1

Garage spaces

0

Heating

Ductless,Central

Cooling

Central Air,Ductless

Pool

None

Status

Active

Days on market

2

MLS #

248177794

About this property

Beautifully remodeled three-unit property in Azusa offering an exceptional opportunity for an investor or a buyer looking to live in one residence and rent the others. With approximately 2,475 square feet of combined living space, the property includes a three-bedroom, two-bath main residence of approximately 1,109 square feet; a two-bedroom, one-bath residence of approximately 896 square feet; and a one-bedroom, one-bath ADU of approximately 470 square feet. All three residences have been extensively renovated down to the studs, with improvements including new plumbing, electrical, insulation, windows, roofing, and drywall. Contemporary kitchens feature attractive cabinetry and updated countertops, while remodeled bathrooms, recessed lighting, and consistent LVP flooring create a fresh, cohesive feel throughout. Each residence is separately metered for gas, water, and electricity and offers air conditioning and in-unit washer/dryer hookups. Dedicated parking serves two of the three residences. Landscaped lawn areas, fenced patios, and covered outdoor space add to the property’s appeal. With a versatile unit mix, extensive improvements, and separate utility meters, this property offers an appealing combination of comfortable living and rental income potential.

Location

232 S Azusa

Azusa, Los Angeles, CA, 91702