620 N Pasadena, Azusa, California 91702, Azusa, 91702 - 2 bed, 1 bath
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Azusa, California 91702
Analysis of 620 N Pasadena, Azusa, California 91702 is currently available with a list price of $1,850,000. 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 1914 (>110 years old) with no mention of renovations. The listing explicitly states the 'true value is in the land' and markets the property as a development opportunity for its R2 zoning, indicating the structure is likely at the end of its economic life.
The massive 23,226 SF flat rectangular lot with R2 zoning provides a rare and lucrative opportunity for multi-family redevelopment in a high-demand rental market.
Situated directly across from Azusa Pacific University and minutes from the Metro A Line and Downtown Azusa, the property is perfectly positioned for student housing or transit-oriented development.
Offered for the first time in many years, this large parcel offers substantial appreciation potential in a rapidly growing area with strong demand for residential income properties.
The existing 1914 residence is aged and adds little value to the property, essentially requiring demolition or a complete overhaul to realize the land's highest and best use.
The true value is contingent upon the buyer successfully verifying and navigating City of Azusa zoning, density, and utility requirements for redevelopment.
Prime R2 development opportunity in the heart of Azusa. Rare approximately 24,000 SF flat rectangular lot located directly across from Azusa Pacific University and just minutes from Downtown Azusa, shopping, dining, Metro A Line, and major freeways. Property currently includes an older single-family residence, however the true value is in the land and future development potential. Ideal opportunity for investors, builders, and developers seeking multifamily or residential income potential in a high-demand rental market. R2 zoning offers excellent possibilities for redevelopment (buyer to verify density, unit count, zoning, and development requirements with the City of Azusa). Large flat parcel with utilities nearby and strong upside potential in a rapidly growing area. First time on the market in many years.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1914 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 7, 2026
$1,850,000
Initial Listing
May 1, 2007
$530,000
Public Record