$3,500,000
700 W 2nd Street, Azusa CA 91702
Multi-Family (6 Units)
Property type
38 days
On market
$342
Price per sqft
12 cars
Garage
1987
Year built
41,700 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Jill Gutierrez DRE #01942273, RE/MAX MASTERS REALTY, Mark Peterson DRE #00886538 626-914-5848, RE/MAX MASTERS REALTY
Listing updated: Apr 29, 2026 at 01:19pm.
Last checked: Jun 5, 2026 at 04:30pm
Source: CRMLS #CV26090949
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 3 | 2 | $3,305 | $3,305 | $3,395 | Unfurnished |
| 1 | 3 | 3 | 2 | $3,600 | $3,600 | $3,600 | Unfurnished |
| 1 | 3 | 3 | 2 | $3,550 | $3,550 | $3,600 | Unfurnished |
| 1 | 3 | 3 | 2 | $3,119 | $3,119 | $3,200 | Unfurnished |
| 1 | 3 | 3 | 2 | $2,695 | $2,695 | $3,200 | Unfurnished |
| 1 | 3 | 3 | 2 | $3,800 | $3,800 | $3,800 | Unfurnished |
# of Buildings: 6
# of Units Total: 6
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 6
Rent Control: Yes
Units Leased: 5
Total Actual Rent: $241,500
Tenant Pays: Cable Tv, Electricity, Gas, Water
Financial Snapshot
Gross Rent Multiplier
14.4x
List Price / Annual Gross Rent
Cap Rate
4.9%
NOI / List Price
Gross Scheduled Income: $243,696
Operating Expense: $56,619
Net Operating Income: $192,321
Annual Operating Expenses
Gardener: $7,920
Insurance: $17,763
Maintenance: $1,300
Professional Management: $0
Trash: $5,760
Other Expense: $23,576
Interior
Cooling: Central Air
Heating: Central
Fireplace: None
Laundry: Inside, In Garage
Entry Location: 1
Exterior
Property Attached: No
Stories Total: 2
Levels: One, Two
Roof: Composition
Common Walls: No Common Walls
Lot Features: Back Yard, Sprinklers In Rear, Sprinklers In Front, Landscaped
Pool: None
Spa: None
Fencing: Block, Vinyl, Wood
Water Source: Public
Sewer: Public Sewer
View: Mountains
Garage and Parking
Parking: Attached Carport, Assigned
Garage Spaces: 12
Uncovered Spaces: 5
Parking Total: 17
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 8615015037
Additional Parcels: No
Tax Lot: 55
Zoning: AZR1C*
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs
Nearby Schools
Nearby schools around the 700 W 2nd Street, Azusa, CA 91702. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,800,000
Total Interest
$3,571,246
Total Payment
$6,371,246
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$21,494
per month
Property History for 700 W 2nd Street
Azusa Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91702.
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