The price has been reduced for a quick sale. Prime Azusa Redevelopment & Investment Opportunity Unlock the potential of this centrally located property in Azusa's NG2 (Medium Density) residential area. The existing 2-bedroom, 1-bath home requires significant renovation. This presents an ideal opportunity for investors, developers, contractors, and builders seeking a value-add or redevelopment project. The true value lies in the land and its future potential. NG2-MED zoning allows for multiple residential units and accessory dwelling units (ADUs), subject to applicable zoning requirements, development standards, approvals, and buyer verification. Whether you're pursuing ground-up development, a value-add strategy, or a larger assemblage, this property is an attractive starting point in a desirable Azusa location. The neighboring property at 309 N Pasadena Ave is also available and is currently in the planning process for a proposed duplex with two ADUs. Acquiring both properties could create a larger development site and maximize your overall investment strategy. Conveniently positioned near the Metro A Line, Azusa Pacific University, Citrus College, shopping, dining, entertainment, and major commuter routes, this location enhances the property's long-term appeal. Investors, Developers & Builders, Don't Miss This Opportunity .
| MLS # | CV26170504 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 85 |
| Listing Provided By | BALSWICK REALTY | Joel Balswick |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 720 |
| Story(s) | 1 |
| Units | 1 |
| Zoning | NG2-MED |
| Acreage | 0.18 |
| Property View | None |
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Interior Features | All Bedrooms Down |
| Fireplace Yes / No | Yes |
| Roof | Shingle |
|---|---|
| Lot Features | Zero To One Unit Acre |
| Parking Features | Driveway |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Community Features | Biking, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Azusa |
| Zip Code | 91702 |
| Area | 607 Azusa |
| Listing VS Median (in 91702) | |
Price: $574,000 low | high Med: $650,000 sqft: 720 low | high Med: 1,433 $ / sqft: $797 low | high Med: $455 On site: 85 low | high Med: 105.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Azusa |
| Zip Code | 91702 |
| Area | 607 Azusa |
| Listing VS Median (in 91702) | |
Price: $574,000 low | high Med: $650,000 sqft: 720 low | high Med: 1,433 $ / sqft: $797 low | high Med: $455 On site: 85 low | high Med: 105.5 | |