Duplex with Detached 4-Car
1012 N Vernon Avenue Azusa, CA 91702
1012 N Vernon Avenue, Azusa, CA, 91702
$899,800
For Sale
$899,800
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
Price / SF$455.36
Days on Market23
Property Features for 1012 N Vernon Avenue
General Information
- Standard status
- Active
- Size
- 1,976 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1989
Listing agency
JOHNHART CORP
(626) 488-9887
Listed by
Jesus Pina · License #01722627
(626) 488-9887
Source
Exitrealty
Added: Jun 30 Updated: Jul 22 at 2:06AM Checked: Jul 22 at 2:06AM
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
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)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $53.4k | $27.00 |
| − Vacancy | −$4.1k | −$2.05 |
| EGI | $49.3k | $24.95 |
| − OpEx | −$14.8k | −$7.48 |
| NOI | $34.5k | $17.46 |
1,976 SF · lease $27.00/SF/yr · vacancy 7.60% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
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)
