511 W Paramount
Azusa, CA, 91702
$725,000
MLS: CV26231578
Beds
2
Baths
1
Sq Ft
893
Lot
0.40 ac
Year Built
1914
MLS #
CV26231578
Days on Market
3
Listed
Oct 28, 2026
Description
Rare Opportunity on an Expansive Lot in Azusa! Welcome to 511 W. Paramount Street, a property offering incredible potential for homeowners, investors, and developers alike! Situated on an impressive approximately 17,550-square-foot lot, this 2-bedroom, 1-bathroom home offers a rare combination of space, versatility, and opportunity. The property features a koi pond, two garages and an expansive lot with potential to be subdivided, opening the door to exciting possibilities for future development. Whether you're looking to renovate the existing home, expand, build additional units, or explore a lot split, this property offers exceptional flexibility. Conveniently located near shopping, dining, schools, and major freeways. Opportunities with this much land and development potential are increasingly hard to find. Bring your vision and explore the possibilities! Lot split and development potential are subject to city requirements and final approvals. Buyer to verify.
Location
Azusa, Los Angeles County, CA 91702
Open on Google Maps ↗Listed by: Stacey Brown · SOUTHLAND PROPERTIES
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
$5,774
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $72,500 · Loan: $652,500
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,447
- Property tax (1.25%)
- $755
- Homeowners insurance
- $300
- Mortgage insurance
- $272
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 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
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 $25,375 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.
$675,000
236 N Viceroy
Azusa, 91702
$689,000
18361 E Nearfield
Azusa, 91702
$699,000
939 N Orange
Azusa, 91702
$706,000
5653 N Viceroy Avenue
Azusa, 91702
$714,950
543 E 3rd Street
Azusa, 91702
$749,000
5248 N Enid
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.