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Listed by Joel Balswick • BALSWICK REALTY
$ 615,000
Est. payment /mo
New
313 North Pasadena Azusa, CA 91702
2 Beds
1 Bath
720 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 720 sqft
Price per Sqft $854
MLS Listing ID CV-26170504
Style Craftsman
Bedrooms 2
Full Baths 1
Year Built 1924
Lot Size 7,715 Sqft
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
Property 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
.
Location
State CA
County Los Angeles
Area 607 - Azusa
Zoning NG2-MED
Interior
Heating None
Cooling None
Fireplaces Type Family Room
Laundry None
Exterior
Parking Features Driveway
Pool None
Community Features Biking, Sidewalks, Street Lights
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer