205 S Vernon Avenue, Azusa, California 91702, Azusa, 91702 - 0 bed, 0 bath
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Azusa, California 91702
Analysis of 205 S Vernon Avenue, Azusa, California 91702 is currently available with a list price of $1,600,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Azusa Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1964 and described as well-maintained, the property retains vintage infrastructure and aging systems typical of its era. While functional and suitable for rental income, it lacks recent major renovations and shows signs of being outdated, requiring minor updates to meet modern quality standards.
As a quadruplex, this property offers four distinct rental streams and qualifies for favorable residential financing, making it an ideal asset for both seasoned investors and owner-occupants.
The generous 0.41-acre lot is significantly larger than average for the area, providing ample space for potential ADU additions or future development to maximize the property's value.
With over 4,300 square feet of total living space, the units offer spacious layouts that are highly competitive in the local rental market, supporting long-term tenant retention.
Built in 1964, the property may require upcoming capital expenditures for aging systems or modern cosmetic upgrades to remain competitive and achieve top-tier market rents.
The $1.6 million list price represents a significant entry point that may result in a lower initial capitalization rate, requiring active management to realize the projected rental upside.
Excellent multi-family investment opportunity in Azusa. This well-maintained property features 4 units totaling approximately 4,326 square feet, situated on a large 0.41-acre lot. Built in 1964, the property offers 8 bedrooms and 5 bathrooms across the units, providing strong rental potential and long-term upside
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 | 4,326 | 2,727 | 67% |
| Lot Size | 17,840 | 10,487 | 67% |
| Price | $1.60M | $964.8K | 67% |
| Price per sq ft | $370 | $370 | 50% |
| Built year | 1964 | 1958 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 74 | 33% |
Mar 13, 2026
$1,600,000
Initial Listing
Aug 9, 2006
$775,000
Public Record