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209 N San Gabriel Avenue, Azusa, California 91702, Azusa, 91702 - bed, bath

209 N San Gabriel Avenue, Azusa, California 91702 home-pic-0
ACTIVE$1,050,000
209 N San Gabriel Avenue, Azusa, California 91702
0Bed
0Bath
1,994Sqft
7,077Lot
Year Built
1955
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$527
HOA
-
Days on market
-
Sold On
-
MLS number
GD25098573
Home ConditionGood
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.05M(50th), sqft - 1994(33th), beds - undefined(50th), baths - undefined(50th).

A three-unit triplex investment opportunity featuring a courtyard, backyard, and five separate garages. The property boasts updated electrical panels and wiring (three years old) and upgraded plumbing (completed in 2024). New water heaters installed in all units within last 2 years. Wall heaters 3 to 5 years old. The exterior has been freshly painted, with the end unit fully remodeled. Railings and roofing material were added in 2024. The property includes a laundry room and is strategically located north of the 210 freeway in a desirable area near the city-renovated center. It is close to Azusa Pacific University and Citrus College, with convenient access to the Gold Metrorail, restaurants, shops, and Memorial Park just a block away, making it ideal for rental income potential. Also, a wonderful opportunity in the future to live in one unit and rent the others.

Condition Rating
Good
While built in 1955, this triplex benefits from extensive recent system upgrades, including electrical (3 years old), plumbing (2024), new water heaters (within 2 years), and new roofing (2024). One end unit has been fully remodeled to an excellent, modern standard with new kitchen cabinets, stainless steel appliances, updated bathrooms, and contemporary flooring. However, the other units, as depicted in the images, feature dated kitchens, bathrooms, and finishes (e.g., older appliances, linoleum, carpet, original tile). The property also lacks central air conditioning. The significant investment in major systems and the high quality of the remodeled unit elevate the overall condition beyond 'Fair,' making it move-in ready with well-maintained critical infrastructure, despite the inconsistent interior aesthetics of the remaining units.
Pros & Cons

Pros

Strong Investment Potential: This triplex offers an excellent investment opportunity for rental income, with the added flexibility for an owner to live in one unit and rent out the others.
Extensive Recent Upgrades: Significant capital improvements have been made, including updated electrical (3 years old), upgraded plumbing (2024), new water heaters (within 2 years), fresh exterior paint, and new railings/roofing material (2024), reducing immediate maintenance concerns.
Prime Rental Location: Strategically located near Azusa Pacific University and Citrus College, with convenient access to the 210 freeway, Gold Metrorail, city-renovated center, shops, restaurants, and Memorial Park, ensuring high tenant demand.
Valuable Tenant Amenities: The property includes five separate garages and an on-site laundry room, providing desirable conveniences for tenants that can enhance rental appeal and income.
Partially Remodeled Unit: One end unit has been fully remodeled, offering a turn-key, high-quality living space that can command premium rent or serve as an attractive owner-occupied unit.

Cons

Age of Property Structure: Built in 1955, the property's underlying structure is older, which despite recent system updates, may still present challenges or require ongoing maintenance typical of properties from that era.
Inconsistent Unit Condition: While one unit is fully remodeled, the description implies the other two units are not, suggesting potential further investment may be needed to maximize their rental potential and bring them to a similar modern standard.
Lack of Central Air Conditioning: The property description mentions wall heaters but does not indicate the presence of a central cooling system, which could be a significant drawback for tenant comfort and marketability during hot California summers.

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