502 W 1st St, Azusa, CA 91702
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502 W 1st St Azusa, CA 91702

$800,000 Sold Price as of 06/30/2020
  • 9 Beds
  • 5 Baths
  • 3,722 Sq.Ft.
Sold
$800,000 Sold Price as of 06/30/2020 Refinance Your Mortgage

Map preview of 502 W 1st St, Azusa, CA 91702

Property Overview: 502 W 1st St Azusa, CA has 9 bedrooms, 5 bathrooms, 3,722 living square feet and 15,643 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: TREMENDOUS OPPORTUNITY TO OWN SIGNIFICANT INCOME PROPERTY LOCATED NEAR THE HEART OF DOWNTOWN AZUSA AND MINUTES AWAY FROM GLENDORA. PEACEFUL LOCATION CLOSE TO SHOPPING, SCHOOLS, APU AND TRANSPORTATION. ASSESSOR RECORDS STATE OVER 3,700 SF BUT MAIN HOUSE HAS 2ND STORY THAT MAY NOT BE INCLUDED IN ASSESSOR VALUE. EACH UNIT IS A SEPARATE STRUCTURE WITH NO SHARED WALLS AND INDIVIDUAL GARAGE PARKING. MAIN HOUSE HAS 2 CAR GARAGE. INCOME POTENTIAL IS SUBSTANTIAL. LONG TERM TENANTS HAVE RESIDED HERE FOR MANY YEARS ON MONTH-TO-MONTH RENTAL AGREEMENTS. 3 UNITS ARE IDENTICAL AT 864 SF 1-STORY FLOOR PLANS EACH WITH 2 BEDROOMS/1 BATH & ONE CAR GARAGE PARKING. DO NOT DISTURB TENANTS. ALL CONTACT MADE THRU AGENT.

Listed by DIANE WHEATLEY | BRE #01193694 | REALTY MASTERS & ASSOCIATES
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
15,643
HOA Dues
$0/mo
Year built
1963
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
IV20050280
City
Azusa
County
Los Angeles
Time on Site
1540 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 5
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,400
  • Net Operating Income: $46,800
  • Gross Operating Income: --
  • Other Income Description: To be verified
Annual Expense Breakdown
  • Total Operating Expense: $2
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $1,200
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 502 W 1st St

Interior Features
Laundry Information
  • Has Laundry
  • In Kitchen, See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Attached Carport, Detached Carport
Lot Information
  • Lot Features: Corner Lot, Level with Street, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 8614007001
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Just South of 210 Fwy, Azusa Ave Exit to 1st St, West to Corner of Orange & 1st
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 502 W 1st St

Last sold for $800,000 on July 1st, 2020
  • July, 2020

  • Jul 1, 2020

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • July, 2020

  • Jul 1, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2020

  • Jun 30, 2020

    Date

    Sold

    CRMLS: IV20050280

    $800,000

    Price

  • May 23, 2020

    Date

    Pending

    CRMLS: IV20050280

    $1,050,000

    Price

  • May 13, 2020

    Date

    Price Change

    CRMLS: IV20050280

    $1,050,000

    Price

  • May 13, 2020

    Date

    Active

    CRMLS: IV20050280

    $1,145,000

    Price

  • May 13, 2020

    Date

    Pending

    CRMLS: IV20050280

    $1,145,000

    Price

  • May 7, 2020

    Date

    Price Change

    CRMLS: IV20050280

    $1,145,000

    Price

  • May 1, 2020

    Date

    Price Change

    CRMLS: IV20050280

    $1,150,000

    Price

  • May 1, 2020

    Date

    Price Change

    CRMLS: IV20050280

    $1,155,000

    Price

  • May 1, 2020

    Date

    Price Change

    CRMLS: IV20050280

    $1,055,000

    Price

  • Apr 23, 2020

    Date

    Price Change

    CRMLS: IV20050280

    $1,160,000

    Price

  • Mar 24, 2020

    Date

    Active

    CRMLS: IV20050280

    $1,200,000

    Price

Show More

Tax History for 502 W 1st St

Assessed Value (2020): $139,146
Year Land Value Improved Value Assessed Value
2020 $41,556 $97,590 $139,146

Home Value Compared to the Market

This property vs the competition

502 W 1st St sold on June 30, 2020 for 47.37% higher than the current median sold price for the city of Azusa which is $712,500. The median sold price per/sqft for Azusa is $482 and this home is sold at $282.11 per/sqft which puts the price per square foot 41.47% lower than the current median sale per square foot for the city of Azusa.

About 502 W 1st St

Detailed summary of property

502 W 1st St is a multi family that recently sold in Azusa, CA 91702. This multi family property offered 9 bedrooms, 5 bathrooms, roughly 3,722 living square feet, and sits on an approximately 15,643 square foot lot. 502 W 1st St was first listed on ArdentRealEstateGroup.com on July 4, 2020. The homeowner sold the property for $800,000. Home in Azusa are selling for a median price of $712,500 and a median price per square foot of $482. Based on Ardent Real Estate Group's Azusa Market Data, this home is sold 47.37% higher than the current median priced home. Local homes that are currently for sale include 504 N Catalina Ave, 1007 E Maple St and 11533 Burke St. While the average home in Azusa, CA is selling in 47 days, 502 W 1st St has a days on market of 57 days. There are currently 77 homes for sale in the Azusa real estate market and 47 of them are single family homes while 22 of them are condos and 8 are townhomes. For more information on this home for sale at 502 W 1st St Azusa, CA 91702 contact Ardent Real Estate Group and we will put you in touch with one of our Azusa agents.

Public Facts for 502 W 1st St

Public county record property details
Beds
9
Baths
4
Year built
1963
Sq. Ft.
3,722
Lot Size
15,642
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
8614-007-001

The source for these homes facts are from public records.

91702 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$688,000
Median List Price/Sq.Ft.
$487
Median Sold Price
$712,500
Median Sold Price/Sq.Ft.
$482
Total Inventory
75
Median Sale to List Price %
101.79%
Avg Days on Market
15
Loan Type
Conventional (51.72%), FHA (17.24%), VA (3.45%), Cash (6.9%), Other (20.69%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.