Duplex with Detached 4-Car
For Sale
$899,800
Pending
1012 N Vernon Avenue, Azusa, CA 91702
Two-unit duplex with two bedrooms and two bathrooms in each unit, plus a detached 4-car garage for parking and storage.
Property Size1,976 SF
Days on Market110
Property Features for 1012 N Vernon Avenue
General Information
Standard status
Pending
Size
1,976 SF
Total Parking Spaces
4
Property subtype
Multi Family
Additional Details
Highway Access
Yes
Multifamily Units
2
Building Details
Year Built
1989
Tenancy
Multi
Listing Agency:
JOHNHART CORP
(818) 246-1099
Listed By:
Jesus Pina · License #01722627
(626) 488-9887
Source:
Exitrealty
Added: Jul 5
Changed: Oct 16
Last Checked: Oct 16 at 7:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JOHNHART CORP
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Investment Insights
Based on property information with market context.
This well-maintained duplex features two separate units, each offering a 2-bedroom, 2-bathroom layout. The floor plans are designed to provide spacious living areas and comfortable, functional configurations.
The property includes a detached 4-car garage, providing on-site parking and storage. It is positioned for everyday convenience with nearby shopping, dining, schools, parks, public transportation, and access to major freeways.
Ideal for a range of buyers, the duplex can support rental income from one unit while allowing an owner to occupy the other.
The property includes a detached 4-car garage, providing on-site parking and storage. It is positioned for everyday convenience with nearby shopping, dining, schools, parks, public transportation, and access to major freeways.
Ideal for a range of buyers, the duplex can support rental income from one unit while allowing an owner to occupy the other.
Key Highlights
- 1989 duplex with two separate units in the City of Azusa
- Each unit offers 2 bedrooms and 2 bathrooms
- Approximately 988 SF of living space per unit (per public remarks)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,508
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$690,160
$690.2K
Cap Rate 7%
$492,971
$493.0K
Cap Rate 9%
$383,422
$383.4K
Market Conditions
NOI Build-Up for 1,976 SF
Gross rent
$53.4K $27.00/SF
− Vacancy
−$4.1K −$2.05/SF
EGI
$49.3K $24.95/SF
− OpEx
−$14.8K −$7.48/SF
NOI
$34.5K $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 Rate 5%
$690,160
Cap Rate 7%
$492,971
Cap Rate 9%
$383,422
Alternative Uses
Best Use
Multifamily LT 5
$493.0K
$431.4K – $575.1K
NOI $34,508 @ 7.0% cap · market cap 3.84%
Second Best
Apartment 5plus
$454.2K
$397.4K – $529.9K
NOI $31,795 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$1.06M
$925.7K – $1.23M
NOI $74,056 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,146
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit duplex with two bedrooms and two bathrooms in each unit, plus a detached 4-car garage for parking and storage.
Where is this duplex located?
The property is located at 1012 N Vernon Avenue Azusa, CA.
What is the asking price?
The asking price for this property is $899,800.
What are key features of this property?
This property features: 1989 duplex with two separate units in the City of Azusa; Each unit offers 2 bedrooms and 2 bathrooms; Approximately 988 SF of living space per unit (per public remarks)
