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Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR25084848
Bedrooms 4
Lot Size 0.309 Acres
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional,Exchange,FHA,VA
Property Description
First time on the market! Investor opportunity in this corner-lot duplex at 605 W 1st St and 115 N Orange Ave in Azusa, featuring long-term tenants on month-to-month agreements. Each unit offers 2 bedrooms and 1 bathroom, with separate gas and electric meters, private yards, individual driveways, and separate entrancesone off Orange Avenue and the other off 1st Street. Both units have detached garages; the front unit includes a bonus workshop behind the garage, though its garage door is currently inoperable. The rear unit is more updated, featuring dual-pane windows, indoor laundry, and a newer water heater. The front adobe-style unit also has dual-pane windows, a laundry area on the back patio, and newer wood fencing with an automatic gate. Additional amenities include gas dryer hookups for both units, fruit trees (orange, lemon, and lime), and roofing with Spanish tile on the front unit and composition shingle on the back unit. Each unit is cross-fenced for added privacy. Situated in a landlord-friendly area of Azusa, this property offers proximity to local amenities such as Azusa Pacific University, Citrus College, the Azusa Downtown A Line Station, and shopping centers like Azusa Square and Edgewood Shopping Center. The location also provides easy access to the 210 and 605 freeways, making it a prime spot for commuters. This 2-on-a-lot property presents a compelling value-add opportunity with strong upside potential for investors. Property is being sold as-is. Drive by onlydo not disturb tenants. Submit offer subject to interior inspection.
First time on the market! Investor opportunity in this corner-lot duplex at 605 W 1st St and 115 N Orange Ave in Azusa, featuring long-term tenants on month-to-month agreements. Each unit offers 2 bedrooms and 1 bathroom, with separate gas and electric meters, private yards, individual driveways, and separate entrancesone off Orange Avenue and the other off 1st Street. Both units have detached garages; the front unit includes a bonus workshop behind the garage, though its garage door is currently inoperable. The rear unit is more updated, featuring dual-pane windows, indoor laundry, and a newer water heater. The front adobe-style unit also has dual-pane windows, a laundry area on the back patio, and newer wood fencing with an automatic gate. Additional amenities include gas dryer hookups for both units, fruit trees (orange, lemon, and lime), and roofing with Spanish tile on the front unit and composition shingle on the back unit. Each unit is cross-fenced for added privacy. Situated in a landlord-friendly area of Azusa, this property offers proximity to local amenities such as Azusa Pacific University, Citrus College, the Azusa Downtown A Line Station, and shopping centers like Azusa Square and Edgewood Shopping Center. The location also provides easy access to the 210 and 605 freeways, making it a prime spot for commuters. This 2-on-a-lot property presents a compelling value-add opportunity with strong upside potential for investors. Property is being sold as-is. Drive by onlydo not disturb tenants. Submit offer subject to interior inspection.
Location
State CA
County Los Angeles
Area Azusa (91702)
Zoning Assessor
Exterior
Exterior Feature Adobe
Roof Type Composition
Building
Lot Description Corner Lot, Curbs, Sidewalks
Story 1
Others
Monthly Total Fees $55
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Space Rent $2,000
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Bought with Ian-Mark Villalba • COLDWELL BANKER REALTY
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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