502 W 1st Street

    Azusa, CA 91702
    • $1,200,000
    • STATUS: Active
    • ON SITE: 6 days
    • ID#: IV20050280
    New On Site 6 Days Ago
    UPDATED: 8 min ago
    $1,200,000
    • 0
      BEDS
    • 0.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,722
      SQFT
    • $322
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:
    Area:

    School Ratings & Info

    Description

    TREMENDOUS OPPORTUNITY TO OWN SIGNIFICANT INCOME PROPERTY LOCATED NEAR THE HEART OF DOWNTOWN AZUSA AND MINUTES AWAY FROM GLENDORA. PEACEFUL LOCATION CLOSE TO SHOPPING, SCHOOLS, APU AND TRANSPORTATION. ASSESSOR RECORDS STATE OVER 3,700 SF BUT MAIN HOUSE HAS 2ND STORY THAT MAY NOT BE INCLUDED IN ASSESSOR VALUE. EACH UNIT IS A SEPARATE STRUCTURE WITH NO SHARED WALLS AND INDIVIDUAL GARAGE PARKING. MAIN HOUSE HAS 2 CAR GARAGE. INCOME POTENTIAL IS SUBSTANTIAL. LONG TERM TENANTS HAVE RESIDED HERE FOR MANY YEARS ON MONTH-TO-MONTH RENTAL AGREEMENTS. 3 UNITS ARE IDENTICAL AT 864 SF 1-STORY FLOOR PLANS EACH WITH 2 BEDROOMS/1 BATH & ONE GARAGE. DO NOT DISTURB TENANTS. ALL CONTACT MADE THRU AGENT.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-31T13:29:36.197. 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 deemed reliable but is not guaranteed accurate by the MLS or Powerhouse Real Estate. Licensed in the State of California, USA.

    www.thepowerhouserealestate.com/homes/104416205

    502 W 1st Street Azusa, CA 91702

    • Price: $1,200,000
    • Status: Active
    • Updated: 8 min ago
    • ID#: IV20050280
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.36
    Acres
    3,722
    SQFT
    $322
    $/SQFT
    1963
    Built
    Neighborhood:
    607 - Azusa
    County:
    Los Angeles
    Area:
    607 - Azusa
    Property Description
    TREMENDOUS OPPORTUNITY TO OWN SIGNIFICANT INCOME PROPERTY LOCATED NEAR THE HEART OF DOWNTOWN AZUSA AND MINUTES AWAY FROM GLENDORA. PEACEFUL LOCATION CLOSE TO SHOPPING, SCHOOLS, APU AND TRANSPORTATION. ASSESSOR RECORDS STATE OVER 3,700 SF BUT MAIN HOUSE HAS 2ND STORY THAT MAY NOT BE INCLUDED IN ASSESSOR VALUE. EACH UNIT IS A SEPARATE STRUCTURE WITH NO SHARED WALLS AND INDIVIDUAL GARAGE PARKING. MAIN HOUSE HAS 2 CAR GARAGE. INCOME POTENTIAL IS SUBSTANTIAL. LONG TERM TENANTS HAVE RESIDED HERE FOR MANY YEARS ON MONTH-TO-MONTH RENTAL AGREEMENTS. 3 UNITS ARE IDENTICAL AT 864 SF 1-STORY FLOOR PLANS EACH WITH 2 BEDROOMS/1 BATH & ONE GARAGE. DO NOT DISTURB TENANTS. ALL CONTACT MADE THRU AGENT.
    Exterior Features

    Garage Spaces 5.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Attached CarportDetached Carport Parking Total 5.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1000 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features See Remarks Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cable Tv Expense 0.00 Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 0.00 Gross Income 50400.00 Gross Scheduled Income 50400.00 Insurance Expense 1200.00 Land Lease YN No Laundry YN Yes Licenses Expense 0.00 Maintenance Expense 0.00 Net Operating Income 46800.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Wall AC 4 Number With Range 4 Operating Expense 2.00 Operating Expense Percent 5.00 Pest Control Expense 0.00 Pool Expense 0.00 Professional Management Expense 0.00 Rent Control YN No Security Expense 0.00 Senior Community YN No Sewer Unknown Special Listing Conditions Standard Supplies Expense 0.00 Tenant Pays All Utilities Total Actual Rent 4200.00 Total Expenses 1200.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Workmans Compensation Expense 0.00 Year Built Source Assessor Zoning Azr1c*

    Listing provided courtesy of Diane Wheatley of Realty Masters & Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-31T13:29:36.197. 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 deemed reliable but is not guaranteed accurate by the MLS or Powerhouse Real Estate. Licensed in the State of California, USA.

     
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