Listed by RE/MAX MASTERS REALTY, RE/MAX Masters Realty
$3,500,000
700 W 2nd Street
Details
APN 8615015037
Property Type Multifamily
Sub Type Apartment Building
Units 6
Cap Rate 4.90%
Buildings 6
Stories 2
Acreage 0.957
Zoning Assessor
Multifamily | 4.90% CAP | 6 Units
Marketing description
Welcome to 700 W 2nd St in Azusaa truly rare and exciting investment opportunity, offered for the first time since 1987. This one-of-a-kind property features six well-appointed residences, each offering 3 bedrooms and 2.5 bathrooms, thoughtfully arranged on a private street for added privacy and charm. The community includes four spacious two-story homes and two desirable single-story homes, all meticulously maintained and showcasing pride of ownership throughout. Recent improvements add even more value, including new roofs on two of the homes and beautifully remodeled upstairs bathrooms in home #6, blending modern updates with the propertys already well-kept condition. Situated on an expansive lot, the property presents incredible upside potential with opportunities to subdivide, expand, or enhance income streams. Theres ample room for RV parking, additional storage, or the possible addition of an ADU, making it an ideal option for investors looking to maximize returns. Tenants enjoy a highly convenient central location with easy access to major freeways and are just a short drive from Downtown Los Angeles, Dodger Stadium, SoFi Stadium, Disneyland, and more. The property is also near Azusa Pacific University and neighboring Glendora, home to Citrus College, further enhancing its long-term rental appeal. Whether youre seeking a strong income-producing asset or a versatile multi-generational living setup, this property offers endless possibilities. Opportunities like this are few and far betweendont miss your chance to own a standout asset in the heart of Azusa.
Listing Contacts
Listed by RE/MAX MASTERS REALTY, RE/MAX Masters Realty
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