420 Alameda Avenue, Azusa, CA 91702

$1,200,000
List Price
$1,200,000
MLS#
P1-16023
Status
ACTIVE
Type
Multifamily
Neighborhood
Quiet Residential & Close To 210, 6

Property Description

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.

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Courtesy of Homelife Team Real Estate Investments, Albert Guevara.