Under Contract

602 Cedarglen

Azusa, CA 91702
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Bed 4

Bed

Bath 4

Bath

SqFt2,591

Sqft

SqFt6,012

Sqft(Lot)

We are pleased to present the opportunity to acquire a four-unit multifamily investment property located at 602 Cedarglen Drive in Azusa, California. Situated on a corner lot within an established residential neighborhood, the property offers investors the opportunity to acquire a well-located apartment asset in the San Gabriel Valley with strong underlying rental demand and proximity to major educational and employment drivers. Built in 1963, the property consists of approximately 2,591 square feet of building area situated on a 0.14-acre MOD (Moderate Density Residential) zoned lot. The property is comprised of one building featuring an all one-bedroom / one-bathroom unit mix averaging approximately 650 square feet. Additional property features include four tuckunder carport parking spac es that provide covered tenant parking. The property is separately metered for gas and electricity, while ownership currently pays for water, sewer, and trash services. The property benefits from a desirable Azusa location with convenient access to surrounding retail, dining, and transportation amenities. The asset is located near Azusa Pacific University and Citrus College, two major educational institutions that contribute to consistent rental demand within the area. Residents also benefit from proximity to the Metro A Line (Gold Line), providing connectivity throughout the San Gabriel Valley and into Downtown Los Angeles. Additionally, the property offers convenient access to the 210 Freeway, allowing tenants efficient access to surrounding employment hubs across Los Angeles County and the Inland Empire. Azusa continues to experience ongoing revitalization through new mixed-use, residential, and transit-oriented development projects throughout the city, supporting long-term growth and housing demand within the submarket. Overall, the offering presents investors with the opportunity to acquire a multifamily asset in a transforming San Gabriel Valley submarket benefiting from continued mixed-use development, transit-oriented growth, and expanding housing demand. With proximity to higher education institutions, regional transportation infrastructure, and ongoing city revitalization efforts, the property is well positioned to benefit from Azusa’s long-term economic and residential growth trajectory. The property is subject only to California statewide rent cap regulations under AB 1482 and is not subject to any local city rent control ordinance.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,050,000

AD Id : 79153490

MLS Id : CV26112521

Beds : 4

Lot Size : 6,012 Sqft

Living Area Size : 2,591

Year Built : 1963

County : Los Angeles

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Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1963 Building Area Total: 2,591
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.138
  • Lot Size Source: Assessor Lot Size Square Feet: 6012

  • Listing Price Information

    Original List Price: 1,050,000 Listing Contract Date: 2026-05-22
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 8612001031 Annual Tax: 11986

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 607 - Azusa Directions: on N Rockvale Avenue, turn on 6th street and it is on the North East corner of 6th street and Cedarglen Drive. Source Property Type: Residential Income Area: 607 - Azusa Property SubType: Quadruplex
  • Building and Construction

    Property Age: 63 Common Walls: 2+ Common Walls Structure Type: Quadruplex Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Property Attached: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5703 N Rockvale, Azusa, CA, 91702 $850,000 5 3 1,922 1,922 SqFt
5703 N Rockvale, Azusa, CA, 91702 $850,000 5 3 1,954 1,954 SqFt
308 N Pasadena Avenue, Azusa, CA, 91702 $788,800 3 2 1,038 1,038 SqFt
1047 N San Gabriel, Azusa, CA, 91702 $1,450,000 4 3 2,463 2,463 SqFt
212 N Azusa, Azusa, CA, 91702 $875,000 2 1 1,918 1,918 SqFt
543 N Barbara, Azusa, CA, 91702 $1,355,000 8 6 3,000 3,000 SqFt
1126 W Calle De La Luna.., Azusa, CA, 91702 $432,000 2 1 771 771 SqFt

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ByOwner last updated this listing 06/05/2026 @ 01:53

MLS: CV26112521 LISTED BY: Gisele Pinedo, MARCUS & MILLICHAP 909-456-3400 SOURCE: CRMLS

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