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…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.
Facts & Features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Cooling
Cooling: Central Air
Appliances
Included: Gas Oven, Gas Range
Laundry: Gas Dryer Hookup
Features
Has fireplace: No
Interior area
Total interior livable area: 1,414 sqft
Property
Parking
Total spaces: 2
Attached garage spaces: 2
Features
Stories: 1
Has private pool: No
Has view: No
Lot
Size: 0.53 Acres
Features: Zero To One Unit Acre
Details
Parcel number: 8612003046
Construction
Type & style
Home type: Residential
Property subtype: Mixed Use
Condition
Year built: 1914
Location
Mike Zwarg
Broker / Owner
951-528-0626 mike@mzhomes.us
Listing Office: Keller Williams Realty Calabasas · Listing Agent: Eva Abed · 818-912-7385 · CRMLS
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