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Listed by Paul Purunjian, DRE #01417303 • Purunjian Inc.
$800,000
Est. payment /mo
2 Beds
1 Bath
1,380 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,380 sqft
Price per Sqft $579
MLS Listing ID CRPW26240639
Bedrooms 2
Full Baths 1
Year Built 1890
Lot Size 6,935 Sqft
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
Rare four-unit development opportunity on a prime corner lot in Azusa! 945 N. Dalton Avenue combines classic architectural character with approved plans for approximately 2,924 square feet of total living area upon completion, plus additional attic space not included in the stated square footage. Plans include remodeling the existing home into an approximately 880-square-foot primary residence and a 500-square-foot junior ADU, plus constructing a detached 772-square-foot ADU and a detached 772-square-foot SB9 residence. The four-unit project can be delivered ready to issue (RTI), giving buyers a valuable head start. With projected gross rental income of approximately $11,000 per month across all four completed residences, this property offers exceptional potential for investors seeking a quality portfolio addition, builders and developers pursuing their next project, and first-time investors looking to establish a rental portfolio. Owner-users and first-time buyers with a vision can explore living in one residence while renting the others to help offset ownership costs. The existing home features distinctive gabled rooflines, decorative exterior detailing, a prominent river-rock chimney, and a welcoming front porch. Tall windows, an ornate fireplace mantel, and a wood stair
Location
State CA
County Los Angeles
Area 607 - Azusa
Interior
Heating Central Forced Air
Cooling Central AC
Fireplaces Type Living Room
Laundry Other
Exterior
Pool None
View Hills
Building
Story One Story
Water District - Public
Others
Tax ID 8608019020
Special Listing Condition Not Applicable
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