420 N Alameda Avenue

Azusa, CA 91702
$1,225,000
Courtesy of Homelife Team Real Estate Investments

Description

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
    • Measurements
      • Acres:0.1607
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1953
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer, SewerTapPaid
      • Utility source:Public
  • Community and Neighborhood Details
    • Community
      • Subdivision:Not Applicable
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 200, 000
  • Other
    • Source
      • MLS #:P1-16023

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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