700 W 2nd Street Azusa, CA $ 3,500,000
700 W 2nd Street
$ 3,500,000
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700 W 2nd Street

Azusa, CA, 91702
$ 3,500,000
Baths2.1 Sq 10,220

Monthly Estimate*

$ 21,550

Listed by RE/MAX MASTERS REALTY
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Studio

Multi-Family Home for sale in Azusa, CA

for $3,500,000 with 2 full baths, 1 half bath. This 10,220 square foot home was built in 1987 on a lot size of 0.9573.

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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Multi-Family Active

Price

$ 3,500,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.9573

Year Built

1987

Town/City

Azusa

County/Region

Los Angeles

MLS | Web ID

CV26090949

Days on Market

3

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow Negotiable
Roof Composition
Zoning AZR1C*
HOA Fee 0
Garage Spaces 12
Pool Features None
Year Built 1987
Tenant Pays Cable TV Electricity Gas Water
View Mountain(s)
Stories Count 1
Levels One Two
Property Subtype Single Family Residence
Gross Income 248940
Community Features Curbs
County Los Angeles
Net Operating Income 192321
Operating Expense 56619
Insurance Expense 17763
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 1300
Garage Y/N true
Special Listing Conditions Standard Trust
Status Active
Directions Off of N Vernon ave & W Second St
City Azusa
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 5
Number Of Units Total 6
MLS Area 607 - Azusa
Lot Size Units Square Feet
Lot Size Square Feet 41700
Carport Y/N true
Number of Units Leased 5
Listing Terms Cash to New Loan Conventional
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 5760
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 55
Total Actual Rent 241500
Property Sub Type Additional Single Family Residence
Cap Rate 4.9
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Interior
Fireplace Features None
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside In Garage
Entry Level 1
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Exterior
Fencing Block Vinyl Wood
Parking Features Attached Carport Assigned
Lot Features Back Yard Sprinklers In Rear Sprinklers In Front Landscaped
Water Source Public
Total Parking 17
Lot Size Area 41700
Number of Buildings 6
Spa false
Building Area Total 10220
Lot Size Acres 0.9573
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 6
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
Re/Max Masters Realty

Broker

jillpeterson@remax.net

Email

Affordability Calculator

$21,550
Per Month
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Monthly Principal & Interest
$21,550
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$3,500,000 Listed Price

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700 W 2nd Street, Azusa, CA, 91702 is a Multi-Family Home for sale at $3,500,000 with 10,220 sqft and a lot size of 0.9573. 700 W 2nd Street is a studio with 2.1 baths and was built in 1987. The property's zip code is 91702 which is in Azusa, CA