Property listed by Purunjian Inc., Paul Purunjian 562-225-5728
$800,000
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… Read More 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 staircase provide character and inspiration for the planned remodel. A desirable corner setting completes this rare opportunity to blend classic charm with new residential construction. Square footages are approximate and based on plans. Rental income is projected following completion and lease-up.
Set against the San Gabriel Mountains, Azusa blends foothill charm with everyday convenience. Downtown shopping and dining, Metro A Line service, Azusa Pacific University, and nearby Citrus College complement access to hiking, mountain biking, and recreation in the surrounding foothills and San Gabriel Canyon—offering a compelling setting to live, invest, and build. Read Less
Listing Snapshot
Days Online
2
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
1
Square Ft.
1,380
Lot Size
0.16 Acres
Year Built
1890
MLS Number
PW26240639
Additional Details
Building
Built in 1890, Living area: 1380.0, Living area units: SquareFeet, 1 storey, Levels: One, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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