NOT LISTED FOR SALE

163 N Azusa Ave Azusa, CA 91702

0.26 Acre
-- Price per Acre
11,199 Sq Ft Lot

Last Sold June 28, 2022

Last sale price $600,000

322 Days on Market

About This Lot

As of June 2022

Former Taco Nazo Mexican Seafood restaurant. Offering includes two parcels- one has the restaurant building of approximately 957 SF and storage/parking in the rear, and the other parcel contains the parking lot. There is through access to the alley on both parcels. Underlying zoning is Mixed Use and the property is well located for a wide variety of potential uses both commercial and residential. It has great frontage and visibility and easy access along N. Azusa Avenue just off the 210 Freeway exit. Property sold "as is". Value is in the land.

Last Agent to Sell the Property

Chip Hasley

Park Row Properties License #00857221 Listed on: 07/13/2021

Last Buyer's Agent

Fernando Amaya

Las Casas Realty, Inc. License #01763685

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,765

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • The property's topography is level- portions paved
  • 8611-030-007
  • Property is zoned CAZ -See Associated docs for more info, Mixed use - Commercial/Residential - see Docs for more info

Additional Features

  • Urban Location
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8611030005

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$5,765

Lot Details

0

Listing Details

  • Assessments: No
  • Current Use Comments: Former Taco Nazo Mexican seafood restaurant site and associated parking lot. Building is approximately 957 square feet according to Assessor. Parking/storage in the rear of the parcel. Property is being sold "as is, where is" and priced for land value only. Price includes the parking lot which is one lot to the south of the former restaurant. No Mexican and/or Seafood restaurant use will be approved by Sellers.
  • Improvements: Approximately 957 sq ft former restaurant with drive thru.
  • Possible Use: Buyer to verify, Commercial, Investment, Multi-Family, Parking lot, Residential
  • Possible Use Comments: Mixed use zoning- No Mexican and/or seafood restaurant use will be approved.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: CAZ -See Associated docs for more info
  • Zoning Description: Mixed use - Commercial/Residential - see Docs for more info
  • Property Type: Land
  • Parcel Number: 8611030005
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 53.57

Exterior Features

  • Fence: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Topography: Level- portions paved
  • Additional Parcels: Yes
  • Additional Parcels Description: 8611-030-007
  • Land Lease: No
  • Lot Features: Level with Street, Lot 10000-19999 Sqft, Level
  • Lot Size: 2 separate legal parcels each approximately 40 X 140
  • Lot Size Sq Ft: 11200.00
  • Lot Size Acres: 0.2571

Multi Family

  • Lot Size Area: 11200.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Jun 21, 2022
Sold by
Taco Nazo Corp
Bought by
Martinez Agustin Hernandez and Martinez Luis Marina
Seller's Agent
Chip Hasley
Park Row Properties
Buyer's Agent
Fernando Amaya
Las Casas Realty, Inc.
List Price
$849,000
Sold Price
$600,000
Premium/Discount to List
-$249,000
-29.33%

Purchase Details

Closed on
Jul 29, 2013
Sold by
Taco Nazo Corp
Bought by
Taco Nazo Corp

Purchase Details

Closed on
Dec 17, 2012
Sold by
Romero Gilberto C and Romero Maria Jesus
Bought by
Taco Nazo Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,775
Interest Rate
3.27%

Purchase Details

Closed on
Apr 18, 1994
Sold by
Santillan Antonio N and Santillan Maria Nelda
Bought by
Romero Gilbert C and Romero Maria Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
9.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Martinez Agustin Hernandez $600,000 New Title Company Name
Taco Nazo Corp -- Lawyers Title
Taco Nazo Inc $285,000 Lawyers Title
Romero Gilbert C $300,000 United Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taco Nazo Inc $154,775
Previous Owner Romero Gilbert C $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Sold $600,000 -14.2% --
05/31/2022 05/31/22 Pending -- -- --
01/21/2022 01/21/22 Price Changed $699,000 -11.2% --
10/04/2021 10/04/21 Price Changed $786,888 -7.3% --
07/13/2021 07/13/21 For Sale $849,000 -- --
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 $5,765 $336,401 $300,321 $36,080
2024 $5,765 $329,806 $294,433 $35,373
2023 $5,628 $323,340 $288,660 $34,680
2022 $6,145 $367,332 $95,874 $271,458
2021 $6,004 $360,131 $93,995 $266,136
2019 $5,822 $349,452 $91,208 $258,244
2018 $5,549 $342,601 $89,420 $253,181
2016 $5,313 $329,299 $85,949 $243,350
2015 $5,224 $324,353 $84,658 $239,695
2014 $4,933 $318,000 $83,000 $235,000
Source: Public Records

Agents Affiliated with this Home

  • Chip Hasley

    Seller's Agent in 2022

    Chip Hasley

    Park Row Properties

    (619) 508-7581

    2 in this area

    3 Total Sales

    Chip Hasley
    Section Image

  • F

    Buyer's Agent in 2022

    Fernando Amaya

    Las Casas Realty, Inc.

    (323) 244-0127

    2 in this area

    22 Total Sales

    Fernando Amaya
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2108147

California Regional Multiple Listing Service (CRMLS)

APN: 8611-030-005

California Los Angeles County Azusa 91702

163 N Azusa Ave, Azusa, CA

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