$1,400,000

1047 N San Gabriel Ave Azusa, CA 91702

North Azusa Neighborhood

Estimated payment $7,531/month

4 Beds
3 Baths
2,463 Sq Ft
$568 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • Corner Lot
  • No HOA
  • Attic
  • Lawn
  • 5-minute walk to Northside Park

About This Home

Charming Mid-Century Triplex on Oversized Corner Lot | All Units Vacant | ADU Potential. Incredible opportunity to own a well-maintained, single-level mid-century triplex located on a generous 75’ x 140’ corner lot with alley access. Freshly painted exterior. This character-filled property offers excellent flexibility for owner-users or investors looking to establish market rents and explore future development potential, including ADU possibilities. The triplex features three single-story units, each showcasing classic stucco siding, front and back porches, and two separate entrances for added privacy and convenience. There are two one-bedroom, one-bath units, both offering laundry closets, newer floor coverings, tiled kitchen countertops, large kitchen sinks, hallway and kitchen storage, and individual window air conditioning units. The two-bedroom, one-bath unit includes a separate laundry room with built-in storage and a utility sink, along with newer flooring in the kitchen and laundry area, tiled countertops, a spacious layout, central air/heat and the same attention to storage and comfort. All bathrooms in the units feature shower-over-tub configurations. Kitchens are equipped with essential appliances including stove/oven, microwave, and large sinks. All kitchen appliances are new. Every unit is bright and functional, offering an excellent foundation for future value-add improvements or immediate rental. The property also includes a large interior courtyard that creates a peaceful community setting and encourages outdoor living. A detached four-car garage sits at the rear of the lot, with alley access, and offers prime potential for conversion to an accessory dwelling unit (buyer to verify). In addition, three more off-street parking spaces provide plenty of room for residents or guests. Recent exterior upgrades include newer block wall fencing for privacy and security, an automatic sprinkler system, and newer roof ( 10 yrs. old) Mature landscaping that features a thriving avocado tree and fruit tree. All three units are currently vacant, making this an ideal opportunity for a buyer seeking flexibility, immediate rental income, or a live-in investment scenario. This is a rare find with character, space, and long-term upside. Whether you're looking to expand your portfolio, live in one unit and rent the others, or explore development options, this property is full of potential and ready for its next chapter.

Listing Agent

Enrique Liza

COMPASS Brokerage Phone: 626-818-0980 License #00691382 Listed on: 11/05/2025

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 1948

Lot Details

  • 10,453 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Triplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,463 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Attic

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Floor Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 2 / 6
  • Tax Tract Number 4006
  • Assessor Parcel Number 8608014022
  • $851 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $6,000
  • Insurance Expense $2,000
  • Trash Expense $3,900
  • Water Sewer Expense $3,600
  • New Taxes Expense $17,500
  • Operating Expense $33,000
  • Net Operating Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,440

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 3.94
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3600.00
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 6000.00
  • Parcel Number: 8608014022
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 568.41
  • Room Type: All Bedrooms Down, Attic, Laundry, Living Room

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Covered, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Microwave, Water Heater
  • Heating Type: Central, Floor Furnace
  • Laundry Features: Dryer Included, In Closet, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 3900.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Lot 10000-19999 Sqft, Rectangular Lot, Level, Sprinklers Timer
  • Lot Size Sq Ft: 10453.00
  • Lot Size Acres: 0.2400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 678 Square Feet
  • Average2 Bed Area: 1192 Square Feet
  • Gross Multiplier: 15.87
  • Gross Scheduled Income: 88200.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 10453.0000 Square Feet
  • Net Operating Income: 55200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 33000.00
  • Rent Control: Yes
  • Total Expenses: 33000.00

Tax Info

  • New Taxes Expense: 17500.00
  • Tax Block: 6
  • Tax Lot: 2
  • Tax Tract Number: 4006
  • TaxOtherAnnualAssessmentAmount: 851.00

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,440 $136,618 $57,700 $78,918
2024 $2,440 $133,940 $56,569 $77,371
2023 $2,386 $131,314 $55,460 $75,854
2022 $2,355 $128,740 $54,373 $74,367
2021 $2,291 $126,216 $53,307 $72,909
2019 $2,227 $122,475 $51,727 $70,748
2018 $2,017 $120,074 $50,713 $69,361
2016 $1,908 $115,413 $48,745 $66,668
2015 $1,880 $113,680 $48,013 $65,667
2014 $1,804 $111,454 $47,073 $64,381
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 For Sale $1,400,000 -- $568 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF25247645

California Regional Multiple Listing Service (CRMLS)

APN: 8608-014-022