NOT LISTED FOR SALE

1018 N Azusa Ave Azusa, CA 91702

North Azusa Neighborhood

Estimated Value: $1,146,000 - $1,578,538

5 Beds
4 Baths
4,248 Sq Ft
$318/Sq Ft Est. Value

Last Sold October 29, 2016

Last sale price $920,000 $217 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,475/month

9 Days on Market

Highlights

  • Mountain View
  • Cooling System Mounted To A Wall/Window
  • Foothills
  • No HOA
  • Laundry Room
  • Awning

About This Home

As of October 2016

Fourplex located in north Azusa near the entry to Azusa Canyon National Monument and the new Rosedale Community in Azusa. If you haven't been to Azusa lately, you haven't been to Azusa. The Canyon City is ripe with growth, new residential neighborhoods, two new Gold Line Stations, Gateway to the San Gabriel Mountains National Monument through Azusa Canyon, revitalization of the downtown, not to mention one of the greatest private colleges in the country, Azusa Pacific University. I won't go as far as to call Azusa a College Town, but the revitalization of Azusa is exciting. The Gold Line has made Azusa a new residential destination for anyone working west with convenient light rail transportation at your fingertips. Come and see for yourself. This is the best place in the Valley to invest right now.

Last Agent to Sell the Property

Daniel Boyer

SOUTHLAND PROPERTIES License #01355369 Listed on: 08/05/2016

Co-Listed By

Gary Boyer

SOUTHLAND PROPERTIES License #01112549

Last Buyer's Agent

Enrique Lizarazu

Podley Properties License #00691382

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,399

Year Built

  • Built in 1963

Lot Details

  • 7,200 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Wood Fence
  • Level Lot
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 3 Carport Spaces
  • Single Garage Door
  • On-Street Parking
  • Assigned Parking

Home Design

  • Split Level Home
  • Property Attached
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,248 Sq Ft Home
  • 2-Story Property
  • Awning
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance
  • Tax Lot 20
  • Tax Tract Number 4006
  • Assessor Parcel Number 8608015046

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Foothills
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $223
  • Insurance Expense $1,600
  • Trash Expense $1,020
  • Water Sewer Expense $1,125
  • New Taxes Expense $10,900
  • Gross Income $5,030
  • Net Operating Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,399

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • View: Yes
  • Water Sewer Expenses: 1125.00
  • Zoning: AZR3C*
  • Property Type: Residential Income
  • Parcel Number: 8608015046
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Entry Location: Ground Level With Steps,Ground Level No Steps,Top
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Multi/Split
  • Price Per Square Foot: 216.57

Exterior Features

  • Exterior Features: Awning(s)
  • View: Mountain(s)
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Assigned, Garage, Garage - Single Door, Street
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Unknown
  • Trash Expense: 1020.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Sidewalks, Suburban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level
  • Lot Size Sq Ft: 7200.00
  • Price Per Lot Square Foot: 129.03

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance

Multi Family

  • Average2 Bed Area: 1000
  • Average3 Bed Area: 1200
  • Electric Expense: 223.00
  • Gross Income: 5030.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1600.00
  • Net Operating Income: 45000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 15000.00
  • Rent Control: No
  • Total Actual Rent: 5000.00
  • Vacancy Allowance: 95

Tax Info

  • New Taxes Expense: 10900.00
  • Tax Lot: 20
  • Tax Tract Number: 4006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Pan Derrick G and Chan Athena L
Bought by
Pan Derrick Guang Wei and Chan Athena Lai
Current Estimated Value
$1,352,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,000
Outstanding Balance
$583,723
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$784,712

Purchase Details

Listed on
Aug 5, 2016
Closed on
Oct 19, 2016
Sold by
Stanton Thomas A
Bought by
Pan Derrick Guang Wei and Chan Athena Lai Ming
Seller's Agent
Daniel Boyer
SOUTHLAND PROPERTIES
Buyer's Agent
Enrique Lizarazu
Podley Properties
List Price
$879,900
Sold Price
$920,000
Premium/Discount to List
$40,100
4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$690,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2002
Sold by
Merlos Juan M
Bought by
Stanton Thomas A and Stanton Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
6.85%

Purchase Details

Closed on
Jan 20, 1999
Sold by
Valenzuela Isaac
Bought by
Merlos Juan M and Merlos Maria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
6.96%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 5, 1998
Sold by
Valenzuela Isaac
Bought by
Valenzuela Isaac G and Valenzuela Rosa E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pan Derrick Guang Wei -- First American Title Company
Pan Derrick G -- First American Title Company
Pan Derrick Guang Wei $920,000 Lawyers Title
Stanton Thomas A $375,000 Fidelity Title
Merlos Juan M $245,000 --
Valenzuela Isaac G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Derrick G $653,000
Closed Pan Derrick Guang Wei $690,000
Previous Owner Stanton Thomas A $400,000
Previous Owner Stanton Thomas A $201,250
Previous Owner Stanton Thomas A $281,250
Previous Owner Merlos Juan M $228,000
Previous Owner Merlos Juan M $171,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2016 10/29/16 Sold $920,000 -1.0% $217 / Sq Ft
08/30/2016 08/30/16 Price Changed $929,000 +5.6% $219 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $879,900 -- $207 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,399 $1,067,732 $429,412 $638,320
2024 $13,399 $1,046,797 $420,993 $625,804
2023 $13,047 $1,026,273 $412,739 $613,534
2022 $12,886 $1,006,151 $404,647 $601,504
2021 $12,555 $986,423 $396,713 $589,710
2020 $12,315 $976,610 $392,646 $583,964
2019 $12,140 $957,468 $384,948 $572,520
2018 $11,641 $938,700 $377,400 $561,300
2016 $6,144 $467,965 $149,747 $318,218
2015 $6,046 $460,937 $147,498 $313,439
2014 $5,680 $451,909 $144,609 $307,300
Source: Public Records

Agents Affiliated with this Home

  • Daniel Boyer

    Seller's Agent in 2016

    Daniel Boyer

    SOUTHLAND PROPERTIES

    (626) 484-0688

    6 in this area

    162 Total Sales

    Daniel Boyer
    Section Image
  • Gary Boyer

    Seller Co-Listing Agent in 2016

    Gary Boyer

    SOUTHLAND PROPERTIES

    (626) 833-0783

    13 Total Sales

    Gary Boyer
    Section Image

  • E

    Buyer's Agent in 2016

    Enrique Lizarazu

    Podley Properties

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16173178

California Regional Multiple Listing Service (CRMLS)

APN: 8608-015-046

California Los Angeles County Azusa 91702 North Azusa

1018 N Azusa Ave, Azusa, CA

This home is located at 1018 N Azusa Ave, Azusa, CA 91702 since 05 August 2016 and is currently estimated at $1,352,885, approximately $318 per square foot. This property was built in 1963. 1018 N Azusa Ave is a home located in Los Angeles County with nearby schools including Henry Dalton Elementary School, Azusa High School, and St. Frances of Rome School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. 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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