Pending
590 W SIERA MADRE Boulevard
Sierra Madre CA, 91024
$4,900,000
$476.47 per sqft
Pending
10,284 sqft
Commercial
Built in 1937
Listed by Nicola Speranta with Compass 626-253-6746
PRIME LOCATION, PRIME OPPORTUNITY! NESTLED IN THE HEART OF SIERRA MADRE THIS MULTIPLE-UNIT PROPERTY HAS A RARE SETUP WITH 6 HOLLYWOOD BUNGALOWS; 1 FOUR-PLEX WITH A SINGLE APARTMENT ABOVE THE PARKING GARAGES; JUST OVER HALF AN ACRE, 30,016 SQ FT LOT; 10284 SQ FT OF LIVING SPACE; 11 UNITS; 22 BEDROOMS WITH 11 BATHROOMS; ALL UNITS ARE 2 BED WITH 1 BATH; FEATURING AMPLE OFF STREET COVERED PARKING WITH 1 CARPORT ALLOCATED TO EACH UNIT! THE OWNERS HAVE LOVED AND MAINTAINED THIS SPECIAL PROPERTY FOR MORE THAN 40 YEARS! WELL-MAINTAINED UNITS WITH MANY UPDATES AND UPGRADES. ALL UNITS HAVE THEIR OWN WASHER & DRYER HOOK-UP. BEAUTIFULLY LANDSCAPED; THERE IS AMPLE OPPORTUNITY TO ADD VALUE TO THIS PROPERTY. EXCELLENT PRO-FORMA INCOME. NOT ONLY ARE YOU IN DOWNTOWN SIERRA MADRE, BUT YOU ARE ALSO MINUTES FROM HASTINGS RANCH SHOPS AND THE FREEWAY! BUILT-IN 1937. CALL OUR OFFICE FOR DETAILED MEMORANDUM.
AR24156284
MLSⓇ ID
July 31, 2024
Listed
October 17, 2024
Updated
Map
590 W SIERA MADRE Boulevard
Sierra Madre CA, 91024
Interior Features
Total Stories
2
Laundry Description
Washer Hookup, Gas Dryer Hookup
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.69 Acres
Lot Features
11-15 Units/Acre, Level, Rectangular Lot, Street Level, Walkstreet
Roof
Composition
Other Property Details
Area Name
656 - Sierra Madre
Days on Market
49
Garage
No
Parking Total
10
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
SRRPYY
Listing History
Date | Event | Price |
|---|---|---|
10/14/2024 | Pending | — |
10/7/2024 | Price change | $4,900,000 -19% |
Listing Contact: 626-696-4800
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/17/2024 at 5:22 PM UTC