1016 N Palm Dr, Azusa, CA 91702

Property Description

Exceptional two-units property on a huge 15749 sf lot with outstanding income potential! Featuring two separate homes on one lot, each residence enjoys its own private entrance, separate yard, and fenced outdoor space, providing exceptional privacy and independence (main house has 3beds/1bath 1264 sf and a stand-alone ADU has 3beds/2bath 1000 sf). Adjacent to the prestigious Rosedale Master-Planned Community, this versatile property offers incredible flexibility for owner-occupants, multi-generational and investors alike. Ideally located with convenient access to shopping, dining, schools, public transportation, and major freeways.The main house, extensively renovated in 2016, offers 1,264 sq. ft. with 3 bedrooms and 1 bathroom. Major improvements include a new roof and roof framing, new water supply plumbing, updated electrical wiring in the kitchen and bathroom, new dual-pane UV-insulated windows, three energy-efficient mini-split HVAC systems, new flooring and tile throughout, and earthquake foundation retrofitting. Additional upgrades include two new concrete driveways (2020) and new sewer drain lines (2025). The spacious living room and dining area provide an ideal setting for comfortable everyday living and entertaining.The newly constructed detached ADU, completed in 2025, offers 1,000 sq. ft. with 3 bedrooms and 2 bathrooms. Beautifully designed with modern finishes throughout, it features upgraded flooring, recessed lighting, custom cabinetry, stylish countertops, and tastefully appointed kitchen and bathrooms. Additional highlights include owned solar panels, an EV charging station, security camera system, and newly completed landscaping.The beautifully landscaped grounds are enhanced by mature fruit trees, creating a peaceful and private outdoor retreat. An extra-wide, extended driveway provides ample off-street parking for multiple vehicles.There is also excellent potential to add a Junior ADU (JADU) to further maximize the property's value and income potential (buyer to verify with the City).