Duplex with Central
For Sale
$825,000
5703 N Rockvale, Azusa, CA 91702
MULTI_FAMILY - Azusa, CA
Property Size1,922 SF
Lot Size0.14 Acres
Price / SF$429.24
Days on Market101
Property Features for 5703 N Rockvale
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Kitchen, Laundry Room, Bedroom 4, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 3
Parking features
Driveway, Carport
Lot features
Front Yard, Walkstreet, Back Yard
Elementary school district
Azusa Unified
Middle school district
Azusa Unified
High school district
Azusa Unified
Directions
Between Gladstone and the 210 Freeway
Subdivision
607 - Azusa
Standard status
Active
APN
8623032010
Size
1,922 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1954
Floors in Building
1
Number of units
2
Roof type
Shingle, Composition
Listing Agency:
CENTURY 21 CITRUS REALTY INC · Century 21 Real Estate
(909) 592-8500
Listed By:
Aaron Rivas · License #01456597
(909) 592-8500
Added: May 4
Changed: Aug 11
Last Checked: Aug 12 at 5:06PM
MLS# CV26096911
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This Azusa duplex includes two residential units with separate layouts. Unit A offers three bedrooms and two bathrooms, while Unit B features two bedrooms and one bathroom. The home includes central air cooling and a laundry room. Parking is supported with a carport and driveway.
Major property updates include a newer roof and fumigation completed in 2023. The building was constructed in 1954 and is served by public water and public sewer.
Additional property features include a composition and shingle roof and a room layout that includes kitchens and multiple bedrooms and bathrooms across both units. The property is located at 5703 N Rockvale in Azusa, convenient to shopping, dining, schools, and major freeways.
Major property updates include a newer roof and fumigation completed in 2023. The building was constructed in 1954 and is served by public water and public sewer.
Additional property features include a composition and shingle roof and a room layout that includes kitchens and multiple bedrooms and bathrooms across both units. The property is located at 5703 N Rockvale in Azusa, convenient to shopping, dining, schools, and major freeways.
Key Highlights
- Two‑unit duplex in Azusa
- Unit A: three bedrooms and two bathrooms
- Unit B: two bedrooms and one bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,565
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$671,300
$671.3K
Cap Rate 7%
$479,500
$479.5K
Cap Rate 9%
$372,944
$372.9K
Market Conditions
NOI Build-Up for 1,922 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$51.9K $27.00/SF
− Vacancy
−$3.9K −$2.05/SF
EGI
$48.0K $24.95/SF
− OpEx
−$14.4K −$7.48/SF
NOI
$33.6K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$671,300
Cap Rate 7%
$479,500
Cap Rate 9%
$372,944
Alternative Uses
Best Use
Multifamily LT 5
$479.5K
$419.6K – $559.4K
NOI $33,565 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$441.8K
$386.6K – $515.5K
NOI $30,927 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$1.03M
$900.4K – $1.20M
NOI $72,032 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
Explore this area
Business Placement
Demographics for 91702, CA
62,328
Population
18,218
Households
3.4
Avg Household Size
34
Median Age
24%
College-Educated
78%
High-School Grad
65.0 sq mi
ZIP Area
959
Density / Sq Mi
$87,577
Median Household Income
$35,714
Median Earnings
$1,847
Median Rent
$604,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Azusa with central air, public utilities, and two separate units featuring three and two bedrooms.
Where is this duplex located?
The property is located at 5703 N Rockvale Azusa, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two‑unit duplex in Azusa; Unit A: three bedrooms and two bathrooms; Unit B: two bedrooms and one bathroom
