Duplex with Newer
For Sale
$825,000
5703 N Rockvale, Azusa, CA 91702
Azusa, CA
Property Size1,922 SF
Lot Size0.14 Acres
Price / SF$429.24
Days on Market151
Property Features for 5703 N Rockvale
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bathroom 1, Bedroom 3, Kitchen, Bedroom 1, Bathroom 3, Bedroom 2, Laundry Room, Bathroom 2, Bedroom 5
Parking features
Driveway, Carport
Lot features
Front Yard, Walkstreet, Back Yard
Elementary school district
Azusa Unified
Middle school district
Azusa Unified
High school district
Azusa Unified
Directions
Between Gladstone and the 210 Freeway
Subdivision
607 - Azusa
Standard status
Active
APN
8623032010
Size
1,922 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1954
Floors in Building
1
Number of units
2
Roof type
Composition, Shingle
Listing Agency:
CENTURY 21 CITRUS REALTY INC · Century 21 Real Estate
(909) 592-8500
Listed By:
Aaron Rivas · License #01456597
(626) 407-8020
Added: May 4
Changed: Sep 29
Last Checked: Oct 1 at 6:06AM
MLS# CV26096911
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,922-square-foot duplex, built in 1954, contains two residential units with a combined layout of five bedrooms and three bathrooms. Unit A includes three bedrooms and two bathrooms, while Unit B has two bedrooms and one bathroom. Interior areas include kitchens, laundry space, and separate bedroom and bathroom accommodations. Central air serves the property, and parking is provided through a driveway and carport.
The property sits on a 0.1353-acre lot in Azusa, California, with public water and public sewer service. Roofing includes shingle and composition materials, and the roof is described as newer. Fumigation was completed in 2023. Shopping, dining, schools, and major freeways are identified in the surrounding area.
The property sits on a 0.1353-acre lot in Azusa, California, with public water and public sewer service. Roofing includes shingle and composition materials, and the roof is described as newer. Fumigation was completed in 2023. Shopping, dining, schools, and major freeways are identified in the surrounding area.
Key Highlights
- Two‑unit property with a combined 5 bedrooms and 3 bathrooms
- Unit A offers 3 bedrooms and 2 bathrooms; Unit B has 2 bedrooms and 1 bathroom
- 1,922 square feet on a 0.1353‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,565
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$671,300
$671.3K
Cap Rate 7%
$479,500
$479.5K
Cap Rate 9%
$372,944
$372.9K
Market Conditions
NOI Build-Up for 1,922 SF
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.
Gross rent
$51.9K $27.00/SF
− Vacancy
−$3.9K −$2.05/SF
EGI
$48.0K $24.95/SF
− OpEx
−$14.4K −$7.48/SF
NOI
$33.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$671,300
Cap Rate 7%
$479,500
Cap Rate 9%
$372,944
Alternative Uses
Best Use
Multifamily LT 5
$479.5K
$419.6K – $559.4K
NOI $33,565 @ 7.0% cap · market cap 4.07%
Second Best
Apartment 5plus
$441.8K
$386.6K – $515.5K
NOI $30,927 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$1.03M
$900.4K – $1.20M
NOI $72,032 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
503
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a three-bedroom and two-bedroom layout with central air and dedicated parking features.
Where is this duplex located?
The property is located at 5703 N Rockvale Azusa, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two‑unit property with a combined 5 bedrooms and 3 bathrooms; Unit A offers 3 bedrooms and 2 bathrooms; Unit B has 2 bedrooms and 1 bathroom; 1,922 square feet on a 0.1353‑acre lot
