
Azusa, California 91702
This Stunning Lakeside Condominium is a Strong Value Opportunity, listed at $669,888—positioned slightly above the $649,111 Fair Market Value. While priced at market, the property boasts an Excellent Condition Rating with extensive 2021-2024 renovations, including a new HVAC, updated kitchen, and remodeled baths. Featuring a rare single-level floor plan with stunning lake views and private fishing access, this home offers a resort-style lifestyle. Its move-in ready status and proximity to the Metro A Line make it an ideal choice for Owner-Occupants or first-time buyers seeking a turnkey retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1083 Lakeview Subject | $669,888* List Price | 2 | 2 | 1,347 | $478 | - |
A 824 N Pasadena Sold | $490,000 | 2 | 2 | 994 | $493 | 0.3 mi |
B 824 N Pasadena Avenue 11 Sold | $492,500 | 2 | 2 | 989 | $498 | 0.3 mi |
C 820 E Silver Maple Sold | $622,000 | 3 | 2 | 1,181 | $527 | 0.5 mi |
D 807 E Laurel Oak 46 Sold | $633,000 | 3 | 3 | 1,312 | $482 | 0.5 mi |
E 750 E 5th Street 51 Sold | $589,000 | 3 | 3 | 1,521 | $387 | 0.8 mi |
F 843 Orchid Way D Sold | $736,000 | 3 | 3 | 1,613 | $456 | 0.4 mi |
G 837 Iris Way C Sold | $735,000 | 3 | 3 | 1,453 | $506 | 0.4 mi |
H 750 E 5th Active | $519,000 List Price | 2 | 3 | 1,204 | $431 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive renovations within the last 5 years (2021-2024), meeting the criteria for excellent condition. Key updates include a new HVAC system (2021), water heater (2023), windows and sliding doors (2022), and fresh interior paint. The kitchen features 2021 countertops and dishwasher, while the bathrooms have been remodeled with a new shower and toilets. The home is in mint, move-in ready condition with all major systems recently replaced.
Situated in the exclusive gated Rainbow Lake community, this home offers a rare resort-style lifestyle with stunning lake views and private, license-free fishing access.
The property is truly move-in ready, featuring significant recent capital improvements including a new HVAC system (2021), energy-efficient windows and sliders (2022), and updated bathrooms.
This rare single-level floor plan features absolutely no stairs for entry or exit, making it an ideal choice for buyers seeking long-term accessibility and ease of movement.
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.
The monthly HOA fee of $585 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some perspective buyers.
The property utilizes two separate single-car garages rather than a unified two-car garage with direct home access, which may be less convenient for multi-vehicle households.
MOVE-IN READY, STAIRLESS, LAKESIDE retreat in the highly desirable gated Rainbow Lake community of Azusa. This beautifully updated, 2 bedroom, 2-bathroom condominium offers 1,347 square feet living space with stunning lake views and the convenience of single-level living—there are absolutely NO STAIRS in or out of the home. Expansive windows surround the main living areas, filling the home with natural light while showcasing the lovely views. The spacious primary suite features a large walk-in closet and an updated walk-in shower, while a private balcony overlooking the lake provides the perfect setting to relax. Additional highlights include two single-car garages and numerous upgrades throughout. Recent improvements include new central air and heating (2021), windows and all three sliding glass doors (2022), double front doors (2023), water heater (2023), countertops throughout (2021), remodeled guest bath with new shower (2022) and toilet (2024), interior paint (2021), closet doors (2024), dishwasher (2021), and fresh exterior building paint (2025). NO MELLO ROOS. Surrounded by a picturesque, natural setting, residents enjoy exclusive access to a private angling lake with year-round license-free fishing. Once a private club frequented by Los Angeles’ rich and famous, historic Rainbow Lake was featured in film and television before being transformed into a condominium community in the 1980s. Ideally located near the Angeles National Forest and The San Gabriel River, and walking distance of the Metro A Line (Gold Line), this is a dream location for cyclists, hikers, outdoor enthusiasts, and commuters alike. Don’t miss this rare opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,347 | 1,027 |
| Lot Size | 345,962 | 48,035 |
| Price | $669.9K | $480.6K |
| Price per sq ft | $497 | $485 |
| Built year | 1981 | 1981 |
| HOA | $585.0 | $312 |
| Days on market | 34 | 65 |
Jun 18, 2026
$669,888
Initial Listing
Apr 30, 2021
$400,000
Public Record
Sep 27, 2013
$327,000
Public Record
Jul 27, 2012
$219,000
Public Record