
Azusa, California 91702
This mid-century triplex represents a High-Potential Investment Opportunity, listed at $1,450,000—positioned above the $1,357,236 Fair Market Value. While priced at a premium, the property offers immediate income potential with three vacant units and significant ADU conversion potential via the detached 4-car garage on an oversized 10,453 sqft lot. Featuring a Condition Rating of 4, the asset includes a newer roof and updated appliances, balancing vintage character with functional upgrades. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational living solution.
Property is moderate renovation needed.
Built in 1948, this triplex is exceptionally well-maintained but remains dated in key areas. While it features new appliances, fresh paint, and updated flooring, the kitchens and bathrooms retain vintage tile-work and cabinetry that exceed the 20-year threshold for modern updates. The roof is approximately 10 years old, but central HVAC is only present in one of the three units, with others utilizing older wall heaters.
All three units are delivered vacant, providing a rare opportunity for an investor to set market-rate rents immediately or for an owner-user to occupy one unit while leasing the others without tenant relocation hurdles.
The oversized 10,453 sqft corner lot features a detached 4-car garage and alley access, offering an ideal footprint for ADU conversion or additional development to maximize the property's value and ROI.
The property boasts a freshly painted exterior, new kitchen appliances, updated flooring, and a newer roof (approx. 10 years old), significantly reducing immediate capital expenditure for the new owner.
While the 2-bedroom unit features central air and heat, the two 1-bedroom units lack this amenity, which may limit their rental premium and appeal during warmer months.
As a 1948 mid-century build, the property may have original plumbing or electrical components that require ongoing monitoring or future upgrades not explicitly detailed in the recent renovations.
Charming mid-century triplex on an oversized 75’ x 140’ corner lot with alley access and excellent ADU potential. Freshly painted exterior and all units are vacant, offering a rare opportunity for owner-users or investors to establish market rents immediately. This well-maintained single-story property features three separate units, including two 1-bedroom/1-bath units and one spacious 2-bedroom/1-bath unit. Each unit offers front and rear entrances, bright interiors, ample storage, updated flooring, tiled kitchen countertops, large sinks, and laundry areas. The 2-bedroom unit also includes central air and heat, a separate laundry room with utility sink, and a spacious layout ideal for comfortable living. All kitchens feature new appliances including stove/oven and microwave. The property is centered around a large private courtyard, creating a peaceful community setting with mature landscaping, including avocado and fruit trees. Additional improvements include newer block wall fencing, automatic sprinklers, and a newer roof (approx. 10 years old). A detached 4-car garage at the rear of the property offers outstanding potential for ADU conversion (buyer to verify), plus three additional off-street parking spaces. Ideal for multi-generational living, rental income, or future development potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,463 | 2,463 | 50% |
| Lot Size | 10,453 | 10,453 | 50% |
| Price | $1.45M | $964.8K | 80% |
| Price per sq ft | $589 | $484 | 80% |
| Built year | 1948 | 1958 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 85 | 20% |
May 24, 2026
$1,450,000
Initial Listing