Wednesday, April 2, 2008

Azusa Residential Income 2 Units

List Price: $564,000

Year Built: 1946
Sqft: 1,480

Financial Analysis
Gross Schedule Income: $32,400
Operating Expense: $8,868
Net Operating Income: $23,532
Total Annual Operating Exp: $8,868
Separate Water Meters: 1
Separate Gas Meters: 2
Separate Electrical Meters: 2

Property Description: 2 on a lot. Ideal property for an owner to occupy w/income,offering privacy for both units surrounded by vintage homes in North Azusa. The charming cottage has been updated retaining the vintage character of the 2b/1ba. The 1b/1ba apartment with large patios and decking is over the garage at the back of the property. Private garages,carport,private entrances,private laundry facilities. There is an outside covered work area with a bathroom. Upgrades to both units include bathroom fixtures,honeycomb floor tiles,subway shower tiles,kitchen floors,hardwood blinds. The cottage features english garden and river rock flower beds, sprinkler system, newer white picket fence. New interior paint, upgraded lighting, hardwood floors, large closets with vanity style dressers, pedestal bathroom sink, french doors from main bedroom to the covered patio,large laundryroom,CA/FA.The property has newer fencing all around, newer deck roofing, and copper plumbing installed with bathroom upgrades. Unique!





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