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620 N Pasadena, Azusa, CA 91702

$1,500,000
2
BD
1
BA
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Listed by Eva Abed, 818-912-7385 from Keller Williams Realty-Studio City
(If provided) CoList: from

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List Price
$1,500,000
Price Change
▼ $350,000 1789605735
MLS#
CRSR26099276
Status
ACTIVE
Levels
One Story
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Lot Size
23,226
Listing Area
607 - Azusa
Year Built
1914
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Property 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.

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Additional Information

Acres
0.53
Amenities
Other
Bedroom Description
Ground Floor Bedroom
Cooling System
Central AC
Fireplace Description
None
Heating System
Central Forced Air
Laundry Facilities
Gas Hookup
Levels
One Story
Lot Size
23,226
Neighborhood
607 - Azusa
Pool Description
None
Unincorporated Yn
Yes
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