Four-Unit
For Sale
$1,200,000
205 S Vernon Avenue, Azusa, CA 91702
Residential income property with wall furnaces and wall/window units.
Property Size4,326 SF
Lot Size0.41 Acres
Price / SF$277.39
Days on Market231
Property Features for 205 S Vernon Avenue
General Information
Standard status
Active
Size
4,326 SF
Lot size
0.41 Acres
Property subtype
Quadruplex
Additional Details
Multifamily Units
4
Amenities
Wall/Window Unit(s)
Wall Furnace
Building Details
Year Built
1964
Stories
1
Listing Agency:
TREC HOMES INC.
Listed By:
Roger Felix · License #01302635
(626) 840-5239
Source:
Kw
Added: Mar 14
Changed: Oct 28
Last Checked: Oct 28 at 1:18PM
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 TREC HOMES INC.
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Investment Insights
Based on property information with market context.
This quadplex contains four residential units with approximately 4,326 square feet of total area. The property includes eight bedrooms and five bathrooms across the unit mix, with wall furnaces and wall/window units serving the interiors.
Constructed in 1964, the property occupies a 0.41-acre lot at 205 S Vernon Avenue in Azusa, California. Its four-unit configuration provides a defined multifamily layout for an owner or operator evaluating residential income property.
Constructed in 1964, the property occupies a 0.41-acre lot at 205 S Vernon Avenue in Azusa, California. Its four-unit configuration provides a defined multifamily layout for an owner or operator evaluating residential income property.
Key Highlights
- Four residential units totaling approximately 4,326 square feet
- Eight bedrooms and five bathrooms across the units
- Situated on a 0.41‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,548
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,510,960
$1.5M
Cap Rate 7%
$1,079,257
$1.1M
Cap Rate 9%
$839,422
$839.4K
Market Conditions
NOI Build-Up for 4,326 SF
Gross rent
$116.8K $27.00/SF
− Vacancy
−$8.9K −$2.05/SF
EGI
$107.9K $24.95/SF
− OpEx
−$32.4K −$7.48/SF
NOI
$75.5K $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%
$1,510,960
Cap Rate 7%
$1,079,257
Cap Rate 9%
$839,422
Alternative Uses
Best Use
Multifamily LT 5
$1.08M
$944.4K – $1.26M
NOI $75,548 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$994.4K
$870.1K – $1.16M
NOI $69,609 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,129 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Residential income property with wall furnaces and wall/window units.
Where is this quadplex located?
The property is located at 205 S Vernon Avenue Azusa, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Four residential units totaling approximately 4,326 square feet; Eight bedrooms and five bathrooms across the units; Situated on a 0.41‑acre lot
