1005 N Alameda, Azusa, CA 91702

Property Description

LIVE IN ONE, RENT OUT THE OTHER — OR CREATE THE PERFECT MULTIGENERATIONAL FAMILY SETUP! This rare opportunity features two separate homes on one lot, offering exceptional flexibility for an owner-occupant, multigenerational household, or investor. Live in the front home while generating rental income from the rear home, provide separate living spaces for extended family, or take advantage of the property’s income-producing potential. There may also be potential for an additional ADU.Check with the City for ADU options. Located north of Foothill in a highly desirable Azusa location, the front home offers 3 bedrooms and 1 bath, while the rear home features 1 bedroom and 1 bath, along with a new roof and fresh exterior paint. Both homes have access from the street or alley, providing added convenience and privacy. The front home includes a one-car garage, while the rear home has a covered carport. Each home has its own private yard, along with a shared common area. The property may qualify for FHA financing. There is also potential for future expansion, offering additional possibilities for the new owner. Located less than five minutes from the canyon entrance, you’ll have easy access to hiking, bicycling, off-roading, gold mining, and other outdoor activities. The property is also conveniently close to shopping, restaurants, movie theaters, Target, Azusa Pacific University, Citrus College, and the Metro A Line station, just a couple of blocks away. Properties offering this combination of flexibility, location, and two separate living spaces rarely become available in this area. Whether you’re looking for a home with rental income, a comfortable multigenerational living arrangement, or an investment property, this property offers multiple ways to make it work for you. Don’t miss this unique opportunity to own two homes on one lot in a highly sought-after Azusa neighborhood.