$594,000

FOR SALE

313 N Pasadena

Azusa, Ca, 91702

MLS #CV26170504

Subdivision: -

Building: -

2 Beds

1/- Baths

720 sqft

$ 825.00 /sqft

Property Details

The price has been reduced for a quick sale. Prime Azusa Redevelopment & Investment OpportunityUnlock 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're pursuing ground-up development, a value-add strategy, or 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.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
No
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
Cash,CashToExistingLoan,CashToNewLoan,Conventional
Year Built
1924
Cooling
None
Pets Allowed
-
Amenities
-
Interior
AllBedroomsDown
Maintenance Fee Includes
-
Governing Bodies
-
Construction
-
Security
-
Heating
None
Garage/Carport
-
Dining Area
-
Exterior
-
Pet Restrictions
No
Parking
Driveway
Application Fee
-
Water Access
-
Pool
No
Gated Community
-
Status
Active
Listing Office
BALSWICK REALTY

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Listing Courtesy of: BALSWICK REALTY