DON'T MISS A NEW LISTING AGAIN!
FREE AUTOMATED EMAIL UPDATES
Great investment opportunity with tremendous upside potential on future rent increase. 3372 sf. Triplex on a 9000 sf lot, built in 1981 at the edge of beautiful N. Azusa. Spacious units, all are 2 bed and 2 bath. Two of the units are one story ground level. Unit 1 faces the street and rents for $1550 per month. Unit 2 shares one wall with unit 1 and rents for $1288, they are a long time section 8 tenant. Unit 3 sits above the 5 one car garages and has a private balcony facing the common lawn area and fruit trees at the back of the lot. It rents for $1450 with 8 years of tenancy. Each home has a one car detached garage. 2 additional garages are used by the owner and or long time renter that is off premises and pays $25 per month since 1991. The two ground level units have their own private fenced patio areas. All units should easily command $1900 per month as they are appx. 1125 sf each. All units have central air and heat along with interior laundry hook ups. The 2 extra garages should rent for roughly $150 to $250 per month each. Interior inspection upon acceptance of an offer. All units have individual electric and gas meters. Composition shingle roof. The landlord pays the water bill. Walk to Canyon Park at Sierra Madre and San Gabriel Rd. or to the Target store to the south.