Active

420 N Alameda Avenue

Azusa CA, 91702

$1,200,000


$481.54 per sqft

Active

2,492 sqft

Multi-family

Built in 1953

Listed by Albert Guevara with Homelife Team Real Estate Investments (626) 204-8333

BACK ON THE MARKET. BUYER UNABLE TO PERFORM.Excellent investment opportunity in one of the most desirable Azusa neighborhoods, just a couple of blocks north of 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. Close to the newly redeveloped Azusa Town Center, with shops, restaurants, and the Gold Line Metro Station. Quiet residential neighborhood with close access to the 210 Fwy and in close proximity to the 605 and 57 freeways. Good timely tenants in all 3 units. 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.

P1-16023

MLS ID

December 14, 2023

Listed

April 13, 2024

Updated

Map

420 N Alameda Avenue
Azusa CA, 91702

Interior Features

Total Stories

1


Laundry Description

Inside, Laundry Room, Outside


Fireplace

Yes


Fireplace Description

None


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Wall Furnace

Exterior/Building Features

Lot Size

0.16 Acres


Sewer

Public Sewer, Sewer Tap Paid

Other Property Details

Area Name

607 - Azusa


Days on Market

85


Garage

No


Parking

None


Parking Total

0


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

AZR3C*


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

4/13/2024

Active

3/28/2024

Pending

12/30/2023

Active

12/27/2023

Under Contract

Listing Contact: (626) 204-8333 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/13/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/13/2024 at 2:08 PM UTC

 

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