
Azusa, California 91702
This Lakefront Condominium is a Strong Value Opportunity, listed at $712,500—positioned well below the $714,099 Fair Market Value by 0.22%. Featuring a Condition Rating of 4, the home offers a turnkey lifestyle with recent paint, flooring, and appliance upgrades, while providing potential for future modernization of original kitchen finishes. With rare elevator access, a private porch, and panoramic lake and mountain views, this residence is an ideal fit for Owner-Occupants seeking a peaceful retreat or lifestyle-focused buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1005 Lakeview Subject | $712,500* List Price | 3 | 2 | 1,708 | $418 | - |
A 269 Alder Court Sold | $525,000 | 2 | 3 | 1,353 | $388 | 0.9 mi |
B 820 E Silver Maple Sold | $622,000 | 3 | 2 | 1,181 | $527 | 0.5 mi |
C 1047 Lakeview Sold | $635,000 | 2 | 2 | 1,347 | $471 | - |
D 905 N. Purple Sage Dr. Sold | $748,600 | 3 | 4 | 1,887 | $397 | 0.3 mi |
E 1215 N San Gabriel Sold | $645,000 | 3 | 3 | 1,303 | $495 | 0.7 mi |
F 810 E Prommenade C Sold | $660,000 | 2 | 3 | 1,519 | $434 | 0.2 mi |
G 836 E Ponderosa Active | $599,900 List Price | 4 | 3 | 1,415 | $424 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the home is well-maintained with recent cosmetic updates including fresh paint, new laminate flooring, and 2025 appliances. However, the kitchen and bathrooms retain original 1980s cabinetry and tile countertops, which are significantly dated and require modernization to meet higher condition standards.
Situated directly on the lake within the Rainbow Angling Lakes community, this unit offers rare panoramic views of the water, mountains, and waterfalls from a large private porch.
As the only building in the complex featuring an elevator, this spacious single-story residence provides exceptional ease of access, a significant advantage for mobility-conscious buyers.
The home features fresh paint, new laminate and tile flooring, and a full suite of updated appliances, including a 2025 washer and dryer, offering immediate move-in readiness.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =345962, other record lot size in square feet = 345892.
While appliances are recently upgraded, the kitchen retains its original 1981 cabinetry and tile countertops, which may require further investment to meet modern aesthetic preferences.
The monthly association fee of $585 is relatively high and represents a significant recurring expense that could impact the overall affordability for some buyers.
Welcome to a truly special single-story condominium in the desirable Rainbow Angling Lakes community of Azusa. This spacious unit is directly situated on a lake surrounded by beautiful park-like grounds, a picturesque waterfall, and stunning views of the San Gabriel Valley Mountains. From the moment you enter, you'll appreciate the abundance of natural light throughout the home. The interior has been freshly painted, creating a bright, clean, and inviting atmosphere, while laminate flooring flows throughout much of the residence. The spacious primary bedroom offers two large closets and a separate primary bathroom suite featuring dual sinks, a soaking tub, and a separate privacy toilet room. The 2nd bedroom offers additional charm with a slight bay window, bringing in even more natural light. The kitchen combines functionality with classic character, featuring original cabinetry and tile countertops along with newly installed tile flooring. Recent appliance upgrades include a new range/oven and built-in overhead microwave. The kitchen also boasts a trash compactor, dishwasher, and included in the sale is a large French-door refrigerator as well. The conveniently located laundry room provides abundant cabinet storage. A washer and electric dryer purchased in 2025 are included in the sale, adding even more convenience for the new owner. Step outside to the large back porch, ideally positioned close to the lake. It's the perfect place to relax, entertain visitors, enjoy watching the waterfowl, or simply take in the peaceful surroundings. Fishing residents are allowed to fish to their hearts content. The complex also features an HOA community spa. A truly unique community feature is that this is the only building with an elevator, offering easy access to the residence while avoiding stairs—a wonderful convenience and a rare advantage. The exteriors of all buildings have recently been painted, adding to the community's refreshed appearance and curb appeal. With its exceptional lakefront location, abundant natural light, spacious single-level floor plan, large private porch, a community spa, beautiful mountain and waterfall views, generous storage, updated flooring and appliances, elevator access, this home offers a rare opportunity to enjoy a peaceful and picturesque lifestyle in a truly remarkable setting. Come experience Rainbow Angling Lakes and discover why this beautiful home feels like your own private paradise!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.1 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,708 | 1,108.158 |
| Lot Size | 345,962 | 99,636.947 |
| Price | $712.5K | $493.2K |
| Price per sq ft | $417 | $480 |
| Built year | 1981 | 1982 |
| HOA | $585.0 | $341 |
| Days on market | 4 | 64 |
Sep 5, 2026
$712,500
Initial Listing