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Sold for $850,000
  • Listing Provided by: RE/MAX 2000 REALTY
    Bought with: RE/MAX 2000 REALTY
    $850,000

    450 S Aspan Ave, Azusa, CA 91702

    6beds
    2baths
    2,117sqft
    Multi Family
    Built in 1947
    -- sqft lot
    $963,300 Zestimate®
    $402/sqft
    $2,500 Estimated rent

    Home value

    $963,300

    $896,000 - $1.03M

    $2,500/mo

    Zestimate® history
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    $5,393/mo

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    What's special

    Single - story cottagesAttached garage parking
    We are pleased to exclusively offer for sale an exceptional investment opportunity in the city of Azusa featuring two detached, single-story cottages, each boasting a 3-Bed/1-Bath layout. This unique property sits on a substantial 14,212 square foot lot, providing a generous 2,117 square feet of rental space. Notably, the rear house was constructed in 1990, adding modernity and style to the investment. Each cottage offers tenants desirable amenities including; private front and rear yards, private laundry hookups, attached garage parking and central A/C & Heat. Tenants are responsible for all utilities, excluding water. This setup minimizes the owner's monthly expenses, enhancing the property's profitability. The investment offers a 35% upside in rental income for a savvy investor familiar with the repositioning of tenancy. This potential for increased revenue makes it an attractive option for investors looking to capitalize on market dynamics and optimize their returns. Both units are tenant occupied and the property will be delivered with the tenants in place.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Kristopher German DRE #01800021 909-645-0443,

    RE/MAX 2000 REALTY

    Bought with:

    Kristopher German, DRE #01800021

    RE/MAX 2000 REALTY

    Source: CRMLS,MLS#: CV24027719MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,117
    • Total interior livable area: 2,117 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Garage
    • Garage spaces: 3
    • Uncovered spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.33 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 8614028036
    • Zoning: AZR1CY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Azusa

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan

    Price history

    DateEventPrice
    3/29/2024Sold$850,000$402/sqft
    Source: CRMLS #CV24027719 Report a problem
    2/13/2024Pending sale$850,000$402/sqft
    Source: CRMLS #CV24027719 Report a problem
    2/8/2024Listed for sale$850,000+347.4%$402/sqft
    Source: CRMLS #CV24027719 Report a problem
    4/27/2012Sold$190,000+1.1%$90/sqft
    Source: Public Record Report a problem
    1/28/2012Listed for sale$188,000-46.2%$89/sqft
    Source: ERA Regency Realtors #I12012025 Report a problem
    8/3/2011Sold$349,421$165/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,003 +214.6%$867,000 +270.6%
    2024$3,497 +2.5%$233,957 +2%
    2023$3,412 +1.3%$229,371 +2%
    2022$3,370 +2.6%$224,875 +2%
    2021$3,283 +1.7%$220,466 +1%
    2020$3,227 $218,207 +2%
    2019$3,227 +10.9%$213,930 +2%
    2018$2,911 $209,736 +2%
    2017$2,911 +1.3%$205,625 +2%
    2016$2,873 +3.6%$201,594 +1.5%
    2015$2,773 +7.5%$198,567 +2%
    2014$2,579 $194,679 -35.1%
    2012-- $300,000 +573.4%
    2011-- $44,548 +0.8%
    2010-- $44,216 -0.2%
    2009-- $44,322 +2%
    2008-- $43,453 +2%
    2007-- $42,602 +2%
    2006-- $41,768
    2005-- $41,768 +4%
    2004-- $40,148 +1.9%
    2003-- $39,414 +2%
    2002-- $38,643 +4%
    2000-- $37,145

    Find assessor info on the county website

    Neighborhood: 91702

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $963,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $963,300