420 N Alameda Avenue
Azusa, CA, 91702
$1,225,000
Beds
0 Baths
SqFt
0.16 Acres
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BACK ON THE MARKET. NO FAULT OF SELLER.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.

Property Details

Price:
$1,225,000
MLS #:
P1-16023
Status:
Active
Baths:
0
Address:
420 N Alameda Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
607azusa
City:
Azusa
Listed Date:
Dec 14, 2023
State:
CA
ZIP:
91702
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1953
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