Listing Agent: Eva Abed      Broker/Office: Keller Williams Realty Calabasas
620 Pasadena N Azusa CA 91702
$ 1,850,000
  2   |    1   |    1414 Sq Feet

Listing ID

#SR26099276

Status

Active

Property Type

Mixed Use

County

Los Angeles

Year Built

1914

Days on website

4

Description
Prime R2 development opportunity in the heart of Azusa. Rare approximately 24,000 SF flat rectangular lot located directly across from Azusa Pacific University and just minutes from Downtown Azusa, shopping, dining, Metro A Line, and major freeways. Property currently includes an older single-family residence, however the true value is in the land and future development potential. Ideal opportunity for investors, builders, and developers seeking multifamily or residential income potential in a high-demand rental market. R2 zoning offers excellent possibilities for redevelopment (buyer to verify density, unit count, zoning, and development requirements with the City of Azusa). Large flat parcel with utilities nearby and strong upside potential in a rapidly growing area. First time on the market in many years.
Location
Financial Information
List Price:  $ 1850000
Property Features
Community Features:  Suburban
Heating:  Central
High School District:  ABC Unified
Interior Features:  Unfurnished
Levels:  One
Senior Community YN:  false
Water Source:  Public
High School District:  ABC Unified
Senior Community YN:  false
MLS Area Major:  607 - Azusa
City:  Azusa
Listed By:   Eva Abed   Keller Williams Realty Calabasas 
CA Lic#