Duplex with Detached
1016 N Palm Dr, Azusa, CA 91702
For Sale
$1,190,000
Two private-entry homes offer separate yards and fenced outdoor areas.
Property Size2,264 SF
Lot Size0.36 Acres
Days on Market102
Property Features for 1016 N Palm Dr
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Highway Access
Amenities
mature fruit trees
owned solar panels
EV charging station
security camera system
newly completed landscaping
Building Details
Building Size
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
WeTrust Realty
Listed By:
Pei Liu · License CA #01770859
(626) 375-0798
Source:
Elliman
Added: Aug 2
Changed: Nov 2
Last Checked: Nov 10 at 7:46AM
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 WeTrust Realty
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Investment Insights
Based on property information with market context.
This Azusa duplex includes two independent residences on a 15,749-square-foot lot, each with a private entrance, separate yard, and fenced outdoor space. The 1,264-square-foot main house has 3 bedrooms and 1 bathroom and received extensive renovation work in 2016, including a new roof and framing, updated plumbing and electrical components, dual-pane UV-insulated windows, three mini-split HVAC systems, new flooring and tile, and earthquake foundation retrofitting. A detached ADU completed in 2025 adds 1,000 square feet with 3 bedrooms and 2 bathrooms, along with modern flooring, recessed lighting, custom cabinetry, and updated kitchen and bathroom finishes.
Additional improvements include two concrete driveways completed in 2020, new sewer drain lines completed in 2025, owned solar panels, an EV charging station, security cameras, and new landscaping. The property is adjacent to the Rosedale Master-Planned Community and offers access to shopping, dining, schools, public transportation, and major freeways. A JADU may also be possible, subject to City verification.
Additional improvements include two concrete driveways completed in 2020, new sewer drain lines completed in 2025, owned solar panels, an EV charging station, security cameras, and new landscaping. The property is adjacent to the Rosedale Master-Planned Community and offers access to shopping, dining, schools, public transportation, and major freeways. A JADU may also be possible, subject to City verification.
Key Highlights
- Two separate homes on a 15749 sf lot, each with a private entrance, separate yard, and fenced outdoor space
- Main house offers 1,264 sq. ft. with 3 bedrooms and 1 bathroom; extensively renovated in 2016
- Detached ADU completed in 2025 with 1,000 sq. ft., 3 bedrooms, and 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,538
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$790,760
$790.8K
Cap Rate 7%
$564,829
$564.8K
Cap Rate 9%
$439,311
$439.3K
Market Conditions
NOI Build-Up for 2,264 SF
Gross rent
$61.1K $27.00/SF
− Vacancy
−$4.6K −$2.05/SF
EGI
$56.5K $24.95/SF
− OpEx
−$16.9K −$7.48/SF
NOI
$39.5K $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%
$790,760
Cap Rate 7%
$564,829
Cap Rate 9%
$439,311
Alternative Uses
Best Use
Multifamily LT 5
$564.8K
$494.2K – $659.0K
NOI $39,538 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$520.4K
$455.4K – $607.2K
NOI $36,430 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,850 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
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
$604,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Los Angeles County, CA
Properties on Market for Duplexes in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two private-entry homes offer separate yards and fenced outdoor areas.
Where is this duplex located?
The property is located at 1016 N Palm Dr Azusa, CA.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Two separate homes on a 15749 sf lot, each with a private entrance, separate yard, and fenced outdoor space; Main house offers 1,264 sq. ft. with 3 bedrooms and 1 bathroom; extensively renovated in 2016; Detached ADU completed in 2025 with 1,000 sq. ft., 3 bedrooms, and 2 bathrooms
