420 Alameda Avenue, Azusa

$1,200,000

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2 Beds
1 Bath
.16 Acre
0 Garage

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.

Essential Information

MLS® #
P1-16023
Price
$1,200,000
Bedrooms
2
Bathrooms
1.00
Acres
0.16
Year Built
1953
Type
Residential Income
Sub-Type
Triplex
Status
Active

Community Information

Address
420 Alameda Avenue
Area
607 - Azusa
Subdivision
Not Applicable
City
Azusa
County
Los Angeles
Zip Code
91702
Community Features
Suburban, Sidewalks
Senior Community
N

Amenities

Parking
None
Garages
None
View
None
Pool
None

Interior

Heating
Central, Wall Furnace
Fireplaces
None
Stories
One

Cooling

Central Air, Wall/Window Unit(s)

Additional Information

Date Listed
December 14th, 2023
Days on Market
115
Zoning
AZR3C*

Listing Details

Agent
Albert Guevara

Office

Homelife Team Real Estate Investments

Property History
Status Changed from Pending to Active
Status Changed from Active to Pending
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract

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Based on information from California Regional Multiple Listing Service, Inc. as of May 13th, 2024 at 9:25pm PDT. 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, 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.