| 313 Pasadena N Azusa CA 91702 | |
| Price | $ 615,000 |
| Listing ID | CV26170504 |
| Status | Active |
| Property Type | Single Family Residence |
| County | Los Angeles |
| Beds | 2 |
| Baths | 1 |
| House Size | 720 |
| Year Built | 1924 |
| Days on website | 7 |
Description
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 are looking to pursue ground-up development, a value-add strategy, or consider 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
.
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 are looking to pursue ground-up development, a value-add strategy, or consider 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
.
Financial Information
List Price: $ 615000
Property Features
Community Features: Biking, Sidewalks
High School District: Azusa Unified
Levels: One
Parking Features: Driveway
Patio And Porch Features: Porch
Roof: Shingle
Senior Community YN: false
Structure Type: House
Water Source: Public
High School District: Azusa Unified
Senior Community YN: false
MLS Area Major: 607 - Azusa
City: Azusa
CA Lic#
