$680,000
MLS: CV26198002
Beds
2
Baths
2
Sq Ft
1,489
Lot
7.94 ac
Year Built
1981
MLS #
CV26198002
Days on Market
1
Listed
Sep 11, 2026
Description
Welcome to a hidden paradise in the gated Rainbow Lake Community of Azusa. Nestled into the hillside, this spacious end-unit residence offers 2 bedrooms, 2 full bathrooms, and approximately 1,489 square feet of single-level living. One of the home’s most captivating features is its expansive city and mountain view. From the living room and private balcony, enjoy a wide-open outlook across the surrounding neighborhoods and toward the distant horizon, creating a peaceful sense of space that is difficult to find in typical condo living. The home features a comfortable and functional floor plan with generous living areas throughout. The primary suite offers direct access to the balcony, a spacious walk-in closet, and a private bathroom with dual sinks. Central air conditioning and indoor laundry provide everyday convenience, while two separate garage spaces offer added parking and storage flexibility. Two outdoor areas—a front patio and private balcony—provide additional places to relax, entertain, or simply enjoy the surrounding scenery. Rainbow Lake is one of Azusa’s most distinctive gated communities. Originally known as Rainbow Lake Club, the community is centered around its private lake and offers residents fishing, scenic walking paths, and a relaxing spa area. Its hillside setting and mature surroundings create a peaceful atmosphere that feels tucked away from the city, giving the neighborhood a character all its own. Adding to the appeal is its location directly adjacent to the desirable Rosedale community. The surrounding Rosedale area features seven parks along with walking trails, playgrounds, green spaces, and additional recreational opportunities, allowing residents to enjoy an active outdoor lifestyle just beyond Rainbow Lake. It’s a unique combination—the privacy, lake, and peaceful setting of a gated community, together with the parks and conveniences of the larger Rosedale neighborhood. Convenient access to shopping, dining, Metro transportation, and the 210 Freeway keeps everyday necessities within easy reach. For buyers looking for something beyond the typical condo lifestyle—more space, privacy, beautiful views, outdoor surroundings, and a truly unique community setting—1033 Lakeview Terrace offers a special opportunity to discover one of Azusa’s hidden gems.
Location
Azusa, Los Angeles County, CA 91702
Open on Google Maps ↗Listed by: Jing Qin · PINNACLE REAL ESTATE GROUP
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$5,822
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $68,000 · Loan: $612,000
Average 30-yr fixed rate 6.76% as of Sep 10, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,973
- Property tax (1.25%)
- $708
- Homeowners insurance
- $300
- Mortgage insurance
- $255
- HOA dues
- $585
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Sep 10, 2026
- 30-year fixed
- 6.76%
- 15-year fixed
- 6.09%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Azusa home with as little as 3.5% down using an FHA loan — roughly $23,800 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Azusa, CA 91702 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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