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1047 N San Gabriel Avenue

Azusa, CA 91702
  • $1,400,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: PF25247645
UPDATED: 65 min ago
$1,400,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1948
County:
Area:

School Ratings & Info

Listing Agent(s): Enrique Lizarazu of COMPASS (626-205-4040)


Description

Charming Mid-Century Triplex on Oversized Corner Lot | All Units Vacant | ADU Potential. Incredible opportunity to own a well-maintained, single-level mid-century triplex located on a generous 75 x 140 corner lot with alley access. Freshly painted exterior. This character-filled property offers excellent flexibility for owner-users or investors looking to establish market rents and explore future development potential, including ADU possibilities. The triplex features three single-story units, each showcasing classic stucco siding, front and back porches, and two separate entrances for added privacy and convenience. There are two one-bedroom, one-bath units, both offering laundry closets, newer floor coverings, tiled kitchen countertops, large kitchen sinks, hallway and kitchen storage, and individual window air conditioning units. The two-bedroom, one-bath unit includes a separate laundry room with built-in storage and a utility sink, along with newer flooring in the kitchen and laundry area, tiled countertops, a spacious layout, central air/heat and the same attention to storage and comfort. All bathrooms in the units feature shower-over-tub configurations. Kitchens are equipped with essential appliances including stove/oven, microwave, and large sinks. All kitchen appliances are new. Every unit is bright and functional, offering an excellent foundation for future value-add improvements or immediate rental. The property also includes a large interior courtyard that creates a peaceful community setting and encourages outdoor living. A detached four-car garage sits at the rear of the lot, with alley access, and offers prime potential for conversion to an accessory dwelling unit (buyer to verify). In addition, three more off-street parking spaces provide plenty of room for residents or guests. Recent exterior upgrades include newer block wall fencing for privacy and security, an automatic sprinkler system, and newer roof ( 10 yrs. old) Mature landscaping that features a thriving avocado tree and fruit tree. All three units are currently vacant, making this an ideal opportunity for a buyer seeking flexibility, immediate rental income, or a live-in investment scenario. This is a rare find with character, space, and long-term upside. Whether you're looking to expand your portfolio, live in one unit and rent the others, or explore development options, this property is full of potential and ready for its next chapter.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T20:36:48.75. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169661499
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1047 N San Gabriel Avenue Azusa, CA 91702

  • Price: $1,400,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 65 min ago
  • ID#: PF25247645
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1948
Built
Neighborhood:
607 - Azusa
County:
Los Angeles
Area:
607 - Azusa
Property Description
Charming Mid-Century Triplex on Oversized Corner Lot | All Units Vacant | ADU Potential. Incredible opportunity to own a well-maintained, single-level mid-century triplex located on a generous 75 x 140 corner lot with alley access. Freshly painted exterior. This character-filled property offers excellent flexibility for owner-users or investors looking to establish market rents and explore future development potential, including ADU possibilities. The triplex features three single-story units, each showcasing classic stucco siding, front and back porches, and two separate entrances for added privacy and convenience. There are two one-bedroom, one-bath units, both offering laundry closets, newer floor coverings, tiled kitchen countertops, large kitchen sinks, hallway and kitchen storage, and individual window air conditioning units. The two-bedroom, one-bath unit includes a separate laundry room with built-in storage and a utility sink, along with newer flooring in the kitchen and laundry area, tiled countertops, a spacious layout, central air/heat and the same attention to storage and comfort. All bathrooms in the units feature shower-over-tub configurations. Kitchens are equipped with essential appliances including stove/oven, microwave, and large sinks. All kitchen appliances are new. Every unit is bright and functional, offering an excellent foundation for future value-add improvements or immediate rental. The property also includes a large interior courtyard that creates a peaceful community setting and encourages outdoor living. A detached four-car garage sits at the rear of the lot, with alley access, and offers prime potential for conversion to an accessory dwelling unit (buyer to verify). In addition, three more off-street parking spaces provide plenty of room for residents or guests. Recent exterior upgrades include newer block wall fencing for privacy and security, an automatic sprinkler system, and newer roof ( 10 yrs. old) Mature landscaping that features a thriving avocado tree and fruit tree. All three units are currently vacant, making this an ideal opportunity for a buyer seeking flexibility, immediate rental income, or a live-in investment scenario. This is a rare find with character, space, and long-term upside. Whether you're looking to expand your portfolio, live in one unit and rent the others, or explore development options, this property is full of potential and ready for its next chapter.
Exterior Features

Architectural Style Contemporary Construction Materials Stucco Entry Level 1 Entry Location Living Room Fencing Block Foundation Details RaisedSlab Lot Features Back YardCorner LotFront YardLawnLandscapedLevelRectangular LotSprinklers Timer Number Of Separate Electric Meters 3 Open Parking Spaces 3 Parking Features CoveredDoor-SingleGarageGarage Faces Rear Parking Total 7 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Alley PavedPaved Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas OvenGas RangeMicrowaveWater HeaterDryerWasher Common Walls 2+ Common Walls Cooling Central AirWall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminateTileVinyl Heating CentralFloor Furnace Heating YN Yes Interior Features All Bedrooms DownAttic

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.94 Common Interest None Community Features Gutter(s)Storm Drain(s)Street LightsSidewalks Current Financing None Garage YN Yes Gross Income 0 Gross Scheduled Income 88200 Insurance Expense 2000 Land Lease YN No Laundry Features Laundry ClosetLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 55200 New Construction YN No New Taxes Expense 17500 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Operating Expense 33000 Possession Close Of Escrow Property Condition Turnkey Property Sub Type Triplex Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 3900 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Sewer Expense 3600 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T20:36:48.75. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Enrique Lizarazu of COMPASS (626-205-4040)