
Azusa, California 91702
Analysis of 313 N Pasadena, Azusa, California 91702 is currently available with a list price of $615,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1924 (over 100 years old) with no evidence of recent renovations. The listing explicitly states that the 'true value lies in the land' and markets the property as a redevelopment opportunity for ground-up construction. The structure requires significant renovation and is being sold primarily for its NG2 zoning potential.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7715, living area = 720.
The NG2 Medium Density zoning allows for multiple residential units and ADUs, offering significant value-add opportunities for investors and builders to maximize the 7,715 sqft lot.
Conveniently positioned near the Metro A Line, Azusa Pacific University, and Citrus College, ensuring high future demand for residential units in a transit-oriented area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property was recently sold within the past year on 2026-02-04. The sold price is $500,000.00.
The existing 1924 structure requires significant renovation and capital expenditure, making it unsuitable for traditional financing or immediate occupancy.
Prime Azusa Redevelopment & Investment Opportunity Unlock the potential of this centrally located property in Azusa's NG2 (Medium Density) residential area. The existing 2-bedroom, 1-bath home requires significant renovation. This presents an ideal opportunity for investors, developers, contractors, and builders seeking a value-add or redevelopment project. The true value lies in the land and its future potential. NG2-MED zoning allows for multiple residential units and accessory dwelling units (ADUs), subject to applicable zoning requirements, development standards, approvals, and buyer verification. Whether you are looking to pursue ground-up development, a value-add strategy, or consider a larger assemblage, this property is an attractive starting point in a desirable Azusa location. The neighboring property at 309 N Pasadena Ave is also available and is currently in the planning process for a proposed duplex with two ADUs. Acquiring both properties could create a larger development site and maximize your overall investment strategy. Conveniently positioned near the Metro A Line, Azusa Pacific University, Citrus College, shopping, dining, entertainment, and major commuter routes, this location enhances the property's long-term appeal. Investors, Developers & Builders, Don't Miss This Opportunity .
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.6 |
| Baths | 1.0 | 2.0 |
| Square foot | 720 | 1,306.471 |
| Lot Size | 7,715 | 6,315.941 |
| Price | $615.0K | $741.2K |
| Price per sq ft | $854 | $562 |
| Built year | 1924 | 1955 |
| HOA | $0 | $144 |
| Days on market | 31 | 61 |
Aug 9, 2026
$615,000
Initial Listing
Feb 4, 2026
$500,000
Public Record