157 N Alameda Avenue, Azusa, California 91702, Azusa, 91702 - 3 bed, 2 bath
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157 N Alameda Avenue
Azusa, California 91702
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,384Sq Ft
6,957Lot Size
Property Price
LIST PRICE$749,800
EST. MARKET VALUE
$717,338
4% AboveMARKET VALUE
SUMMARY
This multi-unit property presents a High-Potential Investment Opportunity with a List Price of $749,800—positioned well above the $717,338 Fair Market Value by 4%. While priced at a premium, the property offers significant upside through its Multi-Unit Income Potential and ADU Development Opportunity via the detached two-car garage. With a Fair Condition Rating (4), the vintage infrastructure requires modernization, yet the vacant delivery allows for immediate repositioning. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to offset mortgage costs.
Estimated Market Value
$717,338
Based on Realkey algorithm analyzing recent comparable sales in Azusa.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 157 N Alameda Avenue Subject | $749,800* List Price | 3 | 2 | 1,384 | $518 | - |
A 5703 N Rockvale Active | $825,000 List Price | 5 | 3 | 1,922 | $429 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1923, this multi-unit property is well-maintained but dated. The kitchen features older wood cabinetry and laminate countertops, and the bathrooms show aging fixtures and tile work. Systems appear dated, specifically noting the use of wall heaters rather than central HVAC. While clean and move-in ready, the property requires cosmetic and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
Featuring two separate homes on one lot (a 2BR/1BA front house and a 1BR/1BA back house), this property offers exceptional flexibility for rental income, multi-generational living, or a 'live-in-one, rent-the-other' strategy.
- ADU Development Opportunity
The detached two-car garage provides a prime opportunity for conversion into a third living unit (ADU), allowing an owner to maximize the property's density and significantly increase the total monthly cash flow.
- Delivered Vacant
The property will be delivered 100% vacant, allowing the buyer to bypass complex tenant relocation issues, avoid existing rent-control traps, and immediately place new tenants at current market-rate rents.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1923, the property likely requires updates to aging systems such as plumbing, electrical, and foundation to meet modern standards and mitigate long-term maintenance costs.
- Limited Unit Square Footage
With only 1,384 total square feet split between two separate residences, the individual living areas are relatively compact, which may limit the pool of prospective tenants or residents seeking more spacious interiors.
About 157 N Alameda Avenue
MULTI-HOME OPPORTUNITY IN AZUSA! Discover the incredible potential of this unique property featuring a front house (2 bedroom and 1bathoom), separate back house (1bedroom and 1 bathroom), and a detached two-car garage offering the possibility for an additional ADU or third living space (buyer to verify). All units will be delivered 100% vacant at the close of escrow, allowing you to bypass tenant relocation complexities, avoid rent-control traps, and choose your own tenants from day one. Whether you're looking for multi-generational living, rental income, or an investment opportunity, this property offers flexibility that is hard to find. Live in one home and rent the other, create a private space for extended family, or explore the potential to maximize the property with an additional unit. The detached two-car garage adds even more possibilities for a flex space, storage, or future conversion. Conveniently located near the 210 Freeway, shopping, restaurants, schools, parks, and everyday amenities, this property combines a desirable location with tremendous upside. Three potential living spaces on one property make this a must-see opportunity for homeowners and investors alike
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1923
- Lot Size
- 6,957 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.5 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,384 | 2,481.5 |
| Lot Size | 6,957 | 8,436 |
| Price | $749.8K | $1.04M |
| Price per sq ft | $542 | $465 |
| Built year | 1923 | 1952 |
| HOA | $0 | $0 |
| Days on market | 4 | 82 |
Pricing History
Listed for Sale
Sep 5, 2026
$749,800
Initial Listing