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700 W 2nd Street

Azusa, CA 91702
  • $3,500,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: CV26090949
UPDATED: 16 min ago
$3,500,000
  • 0
    BEDS
  • 0.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1987
County:
Area:

School Ratings & Info

Listing Agent(s): Jill Gutierrez of RE/MAX MASTERS REALTY (909-445-8100) and Mark Peterson of RE/MAX MASTERS REALTY(909-445-8100)


Description

Welcome to 700 W 2nd St in Azusa—a truly rare and exciting investment opportunity, offered for the first time since 1987. This one-of-a-kind property features six well-appointed residences, each offering 3 bedrooms and 2.5 bathrooms, thoughtfully arranged on a private street for added privacy and charm. The community includes four spacious two-story homes and two desirable single-story homes, all meticulously maintained and showcasing pride of ownership throughout. Recent improvements add even more value, including new roofs on two of the homes and beautifully remodeled upstairs bathrooms in home #6, blending modern updates with the property’s already well-kept condition. Situated on an expansive lot, the property presents incredible upside potential with opportunities to subdivide, expand, or enhance income streams. There’s ample room for RV parking, additional storage, or the possible addition of an ADU, making it an ideal option for investors looking to maximize returns. Tenants enjoy a highly convenient central location with easy access to major freeways and are just a short drive from Downtown Los Angeles, Dodger Stadium, SoFi Stadium, Disneyland, and more. The property is also near Azusa Pacific University and neighboring Glendora, home to Citrus College, further enhancing its long-term rental appeal. Whether you’re seeking a strong income-producing asset or a versatile multi-generational living setup, this property offers endless possibilities. Opportunities like this are few and far between—don’t miss your chance to own a standout asset in the heart of Azusa.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-11T18:34:09.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
www.inlandempiresold.com/homes/175884872
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700 W 2nd Street Azusa, CA 91702

  • Price: $3,500,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 16 min ago
  • ID#: CV26090949
0
Beds
0
Baths
0
½ Baths
0.96
Acres
1987
Built
Neighborhood:
607 - Azusa
County:
Los Angeles
Area:
607 - Azusa
Property Description
Welcome to 700 W 2nd St in Azusa—a truly rare and exciting investment opportunity, offered for the first time since 1987. This one-of-a-kind property features six well-appointed residences, each offering 3 bedrooms and 2.5 bathrooms, thoughtfully arranged on a private street for added privacy and charm. The community includes four spacious two-story homes and two desirable single-story homes, all meticulously maintained and showcasing pride of ownership throughout. Recent improvements add even more value, including new roofs on two of the homes and beautifully remodeled upstairs bathrooms in home #6, blending modern updates with the property’s already well-kept condition. Situated on an expansive lot, the property presents incredible upside potential with opportunities to subdivide, expand, or enhance income streams. There’s ample room for RV parking, additional storage, or the possible addition of an ADU, making it an ideal option for investors looking to maximize returns. Tenants enjoy a highly convenient central location with easy access to major freeways and are just a short drive from Downtown Los Angeles, Dodger Stadium, SoFi Stadium, Disneyland, and more. The property is also near Azusa Pacific University and neighboring Glendora, home to Citrus College, further enhancing its long-term rental appeal. Whether you’re seeking a strong income-producing asset or a versatile multi-generational living setup, this property offers endless possibilities. Opportunities like this are few and far between—don’t miss your chance to own a standout asset in the heart of Azusa.
Exterior Features

Carport YN Yes Entry Level 1 Entry Location 1 Fencing BlockVinylWood Lot Features Back YardSprinklers In RearSprinklers In FrontLandscaped Number Of Separate Electric Meters 6 Open Parking Spaces 5 Parking Features Attached CarportAssigned Parking Total 17 Pool Features None Pool Private YN No Property Attached YN No Roof Composition Spa Features None Spa YN No View Mountain(s) View YN Yes

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 4.9 Common Interest None Community Features Curbs Garage YN Yes Gross Income 248940 Gross Scheduled Income 243696 Insurance Expense 17763 Land Lease YN No Laundry Features InsideIn Garage Levels OneTwo Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New LoanConventional Maintenance Expense 1300 Net Operating Income 192321 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Number Of Units Leased 5 Operating Expense 56619 Other Expense 23576 Possession Close Of EscrowNegotiable Property Sub Type Single Family Residence Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tenant Pays Cable TVElectricityGasWater Total Actual Rent 241500 Trash Expense 5760 Water Source Public Zoning AZR1C*



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-11T18:34:09.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.
 
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RE/MAX Empire Properties
street
Hemet CA, 92545
Listing Agent(s): Jill Gutierrez of RE/MAX MASTERS REALTY (909-445-8100) and Mark Peterson of RE/MAX MASTERS REALTY(909-445-8100)