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309 N Pasadena Avenue presents a rare infill development opportunity in the City of Azusa. This vacant NG-2 zoned parcel offers the opportunity to acquire a site with substantial planning and design work already completed, providing a compelling opportunity for builders, developers, and investors seeking to capitalize on the continued demand for new housing in the San Gabriel Valley. Architectural plans have been prepared for a thoughtfully designed residential development consisting of a two-story duplex and two detached ADUs, creating the potential for four residential units on the property. Significant time and expense have been invested in planning, design, and project development, with the project now in the final stages of the approval process. Buyers should independently verify the status of all plans, approvals, permits, development potential, costs, fees, and governmental requirements. Ideally located near Downtown Azusa, the property offers convenient access to shopping, dining, schools, parks, public transportation, and major commuter routes throughout the San Gabriel Valley. The site benefits from close proximity to the Metro A Line, Citrus College, and Azusa Pacific University, supporting strong long-term housing demand in the area. An additional opportunity exists to acquire the adjacent parcel at 313 N Pasadena Avenue, creating the potential for a larger development assemblage. Development opportunities with substantial pre-development work already completed are increasingly difficult to find. 309 N Pasadena Avenue offers the opportunity to acquire a well-located residential development site with significant planning efforts already in place while maintaining flexibility for a future owner's vision. Buyers are advised to conduct their own investigations and verify all zoning, development potential, permits, approvals, governmental requirements, and intended uses with the appropriate agencies.
Listing agent: Joel Balswick DRE #01871230 joel_balswick@yahoo.com, Listing office: BALSWICK REALTY
MLS data updated 10/21/2026, 5:10:25 PM PT
Source: CRMLS, MLS #: CV26170510
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 11, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$779,000Original asking price · Aug 11, 2026ZIP 91702 · Aug 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.