700 W 2nd St 5 Unit Apartment Building $3,500,000 ($700,000/Unit) 5.49% Cap Rate Azusa, CA 91702

700 W 2nd St in Azusa offers a rare opportunity for investors to acquire a six-unit multifamily property meticulously maintained by the same owner since 1987. This well-positioned asset features four two-story homes and two single-story homes along a private street, providing both privacy and layout diversity. Recent enhancements include new roofs on select homes and remodeled bathrooms, ensuring both immediate appeal and long-term durability.
Positioned near major freeways, this property offers seamless access to Downtown Los Angeles, SoFi Stadium, and Disneyland, while benefiting from proximity to educational hubs like Azusa Pacific University and Citrus College. The expansive lot provides additional upside with room for RV parking, storage improvements, or adding ADUs, further enhancing revenue potential. With 6 separate meters and an established income stream, the asset represents a highly attractive acquisition for both seasoned and emerging investors seeking stability and scalable growth in a thriving Los Angeles County submarket.