Listing Agent: Paul Purunjian      Broker/Office: Purunjian Inc.
945 Dalton N Azusa CA 91702
$ 800,000
  2   |    1   |    1380 Sq Feet

Listing ID

#PW26240639

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1890

Days on website

2

Description
Rare four-unit development opportunity on a prime corner lot in Azusa! 945 N. Dalton Avenue combines classic architectural character with approved plans for approximately 2,924 square feet of total living area upon completion, plus additional attic space not included in the stated square footage. Plans include remodeling the existing home into an approximately 880-square-foot primary residence and a 500-square-foot junior ADU, plus constructing a detached 772-square-foot ADU and a detached 772-square-foot SB9 residence. The four-unit project can be delivered ready to issue (RTI), giving buyers a valuable head start.

With projected gross rental income of approximately $11,000 per month across all four completed residences, this property offers exceptional potential for investors seeking a quality portfolio addition, builders and developers pursuing their next project, and first-time investors looking to establish a rental portfolio. Owner-users and first-time buyers with a vision can explore living in one residence while renting the others to help offset ownership costs.

The existing home features distinctive gabled rooflines, decorative exterior detailing, a prominent river-rock chimney, and a welcoming front porch. Tall windows, an ornate fireplace mantel, and a wood staircase provide character and inspiration for the planned remodel. A desirable corner setting completes this rare opportunity to blend classic charm with new residential construction. Square footages are approximate and based on plans. Rental income is projected following completion and lease-up.

Set against the San Gabriel Mountains, Azusa blends foothill charm with everyday convenience. Downtown shopping and dining, Metro A Line service, Azusa Pacific University, and nearby Citrus College complement access to hiking, mountain biking, and recreation in the surrounding foothills and San Gabriel Canyon—offering a compelling setting to live, invest, and build.
Location
Financial Information
List Price:  $ 800000
Property Features
Community Features:  Suburban
Heating:  Central
High School District:  Azusa Unified
Laundry Features:  Inside
Levels:  One
Senior Community YN:  false
Structure Type:  House
View:  Hills
Water Source:  Public
High School District:  Azusa Unified
Senior Community YN:  false
MLS Area Major:  607 - Azusa
City:  Azusa
Listed By:   Paul Purunjian   Purunjian Inc. 
CA Lic#