Residential Income
For Sale
$848,000
234 W 4th Street, Azusa, CA 91702
The property dates to 1901 and is located in Azusa.
Property Size1,766 SF
Days on Market24
Property Features for 234 W 4th Street
General Information
Standard status
Active
Size
1,766 SF
Total Parking Spaces
3
Property subtype
Residential Income
Net Operating Income
$52,628
Amenities
Curbs, Park
Building Details
Building Size
1,766 SF
Year Built
1901
Buildings
2
Stories
1
Listing Agency:
Southland Properties
Listed By:
Arthur Vasquez Jr · License #01858825
(626) 733-6296
Source:
Evrealestate
Added: Sep 17
Changed: Oct 1
Last Checked: Oct 9 at 7:56PM
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 Southland Properties
Investment Insights
Based on property information with market context.
Located at 234 W 4th in Azusa, California, this residential income property was built in 1901. The property is in Los Angeles County.
Key Highlights
- Built in 1901
- Located at 234 W 4th, Azusa, CA 91702
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,416
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,320
$568.3K
Cap Rate 7%
$405,943
$405.9K
Cap Rate 9%
$315,733
$315.7K
Market Conditions
NOI Build-Up for 1,766 SF
Gross rent
$56.2K $31.80/SF
− Vacancy
−$4.5K −$2.54/SF
EGI
$51.7K $29.26/SF
− OpEx
−$23.2K −$13.17/SF
NOI
$28.4K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$568,320
Cap Rate 7%
$405,943
Cap Rate 9%
$315,733
Alternative Uses
Best Use
Apartment 5plus
$405.9K
$355.2K – $473.6K
NOI $28,416 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$945.5K
$827.3K – $1.10M
NOI $66,186 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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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Frequently Asked Questions
What type of property is this?
Residential income property - The property dates to 1901 and is located in Azusa.
Where is this residential income property located?
The property is located at 234 W 4th Street Azusa, CA.
What is the asking price?
The asking price for this property is $848,000.
What are key features of this property?
This property features: Built in 1901; Located at 234 W 4th, Azusa, CA 91702
