$649,999
Original list price: $669,888
MLS: CV26131643
Beds
2
Baths
2
Sq Ft
1,347
Lot
7.94 ac
Year Built
1981
MLS #
CV26131643
Days on Market
128
Listed
Jun 18, 2026
Description
UPDATED PHOTOS - RARE single level (NO STAIRS!) cozy move in ready condo in the highly sought after gated Rainbow Lake community. A Hidden Gem in the San Gabriel Valley. This spacious, charming, beautifully updated (see included addendum) 2 bedroom, 2 bathroom condominium offers 1,347 sqft living space with stunning lake views from expansive windows surrounding the main living areas, filling the home with natural light while showcasing many lovely, nature filled views. The convenience of single-level living—there are absolutely NO STAIRS in or out of the home. Located on a Safe, QUIET, private street, nestled at the base of the scenic foothills. BONUS ALERT: RARE condo-feature: there are TWO GARAGES (one attached!). Spacious primary suite features a generous walk-in closet and updated en suite master bath with walk-in shower, and access to a PRIVATE balcony overlooking the lake which provides the perfect setting to relax. Imagine yourself having morning coffee on your private balcony (accessible from kitchen & primary suite!) then stepping inside while continuing to enjoy the sound of the cascading waterfall (yes, a waterfall!). And in the evening take in the gorgeous sunset views. Abundant kitchen cabinet storage and ample counter space. Plenty of room to cook and entertain, all while you & your guests enjoy the lush nature filled view. Cozy up by the lovely fireplace. Laundry inside unit. Surrounded by a tranquil picturesque, natural setting, residents enjoy EXCLUSIVE access to the private angling lake with year-round license-free fishing. Spa on grounds! WALKING DISTANCE TO AZUSA SCHOOLS and The Great Park with its playground, walking paths and public outdoor exercise equipment! Also close to Azusa Pacific University and Citrus College. Safe gated friendly community. Historic fact: Once a private club frequented by Los Angeles’ rich and famous, historic Rainbow Lake was featured in film and television. Idyllically located near the Angeles National Forest and The San Gabriel River, and walking distance of the Metro A Line (Gold Line), this is a dream location for cyclists, hikers, outdoor enthusiasts, and commuters. Many nearby amenities, restaurants, shopping and entertainment. NO MELLO ROOS. Currently the lowest priced unit in this highly sought after CHARMING gated community and yet absolutely turn key and ready for you to call home. Don’t miss this rare opportunity!
Location
Azusa, Los Angeles County, CA 91702
Open on Google Maps ↗Listed by: Joshua Casper · HILL TOP REAL ESTATE
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
$5,824
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $65,000 · Loan: $584,999
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,019
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
- 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 Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $22,750 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.
Similar Homes Nearby
Active and pending listings in ZIP 91702 (Azusa)within ±10% of this home's price and size.
$599,000
758 E Matchwood
Azusa, 91702
$599,000
827 E Promenade E
Azusa, 91702
$600,000
900 W Sierra Madre 59
Azusa, 91702
$619,000
821 E Cassia E
Azusa, 91702
$629,000
419 E Lee
Azusa, 91702
$635,000
338 Monroe Ct
Azusa, 91702
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
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.
