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1047 N San Gabriel Avenue Azusa, CA $ 1,400,000
1047 N San Gabriel Avenue
$ 1,400,000
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1047 N San Gabriel Avenue

Azusa, CA, 91702
$ 1,400,000
Baths1.0 Sq 2,463

Monthly Estimate*

$ 8,734

Listed by COMPASS
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Studio

Multi-Family Home for sale in Azusa, CA

for $1,400,000 with 1 full bath. This 2,463 square foot home was built in 1948 on a lot size of 0.24.

Charming Mid-Century Triplex on Oversized Corner Lot | All Units Vacant | ADU Potential. Incredible opportunity to own a well-maintained, single-level mid-century triplex located on a generous 75’ x 140’ corner lot with alley access. Freshly painted exterior. This character-filled property offers excellent flexibility for owner-users or investors looking to establish market rents and explore future development potential, including ADU possibilities. The triplex features three single-story units, each showcasing classic stucco siding, front and back porches, and two separate entrances for added privacy and convenience. There are two one-bedroom, one-bath units, both offering laundry closets, newer floor coverings, tiled kitchen countertops, large kitchen sinks, hallway and kitchen storage, and individual window air conditioning units. The two-bedroom, one-bath unit includes a separate laundry room with built-in storage and a utility sink, along with newer flooring in the kitchen and laundry area, tiled countertops, a spacious layout, central air/heat and the same attention to storage and comfort. All bathrooms in the units feature shower-over-tub configurations. Kitchens are equipped with essential appliances including stove/oven, microwave, and large sinks. All kitchen appliances are new. Every unit is bright and functional, offering an excellent foundation for future value-add improvements or immediate rental. The property also includes a large interior courtyard that creates a peaceful community setting and encourages outdoor living. A detached four-car garage sits at the rear of the lot, with alley access, and offers prime potential for conversion to an accessory dwelling unit (buyer to verify). In addition, three more off-street parking spaces provide plenty of room for residents or guests. Recent exterior upgrades include newer block wall fencing for privacy and security, an automatic sprinkler system, and newer roof ( 10 yrs. old) Mature landscaping that features a thriving avocado tree and fruit tree. All three units are currently vacant, making this an ideal opportunity for a buyer seeking flexibility, immediate rental income, or a live-in investment scenario. This is a rare find with character, space, and long-term upside. Whether you're looking to expand your portfolio, live in one unit and rent the others, or explore development options, this property is full of potential and ready for its next chapter.

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Multi-Family Active

Price

$ 1,400,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.24

Year Built

1948

Town/City

Azusa

County/Region

Los Angeles

MLS | Web ID

PF25247645

Days on Market

45

Features
General
Sewer Public Sewer
Heating Central Floor Furnace
Cooling Central Air Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected
Possession Close Of Escrow
Roof Composition
Appliances Gas Oven Gas Range Microwave Water Heater Dryer Washer
HOA Fee 0
Garage Spaces 4
Architectural Style Contemporary
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Stucco
Year Built 1948
Tenant Pays Electricity Gas
View None
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 0
Community Features Gutter(s) Storm Drain(s) Street Lights Sidewalks
County Los Angeles
Net Operating Income 55200
Operating Expense 33000
Insurance Expense 2000
New Construction 0
Property Type Residential Income
HOA 0
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions West of Azusa Ave. - South Sierra Madre Ave.
City Azusa
Entry Location Living Room
Senior Community Y/N 0
Open Parking Spaces 3
Number Of Units Total 3
MLS Area 607 - Azusa
Lot Size Units Square Feet
Lot Size Square Feet 10453
Listing Terms Cash Cash to New Loan
Spa Features None
Property Attached Y/N 1
Land Lease Y/N 0
Current Financing None
Property Condition Turnkey
Trash Expense 3900
Water Sewer Expense 3600
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Property Sub Type Additional Triplex
Taxes 17500
Cap Rate 3.94
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Interior
Interior Amenities All Bedrooms Down Attic
Flooring Carpet Laminate Tile Vinyl
Fireplace Features None
Total Stories 1
Common Walls 2+ Common Walls
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 0
Laundry Features Laundry Closet Laundry Room
Entry Level 1
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Exterior
Fencing Block
Parking Features Covered Door-Single Garage Garage Faces Rear
Lot Features Back Yard Corner Lot Front Yard Lawn Landscaped Level Rectangular Lot Sprinklers Timer
Water Source Public
Total Parking 7
Lot Size Area 10453
Foundation Details Raised Slab
Number of Buildings 2
Spa 0
Building Area Total 2463
Lot Size Acres 0.24
Road Surface Type Alley Paved Paved
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Road Frontage Type City Street
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* Excluded Features
List By
Compass

Broker

Enrique.Lizarazu@compass.com

Email

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Default based on a 30-year fixed rate of 6.375% 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
11/20/2025$1,400,000 Listed Price

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1047 N San Gabriel Avenue, Azusa, CA, 91702 is a Multi-Family Home for sale at $1,400,000 with 2,463 sqft and a lot size of 0.24. 1047 N San Gabriel Avenue is a studio with 1.0 baths and was built in 1948. The property's zip code is 91702 which is in Azusa, CA