Sierra Madre, CA 91024,590 W SIERA MADRE BLVD
Sierra Madre, CA 91024,590 W SIERA MADRE BLVD,Video Tour
Sierra Madre, CA 91024,590 W SIERA MADRE BLVD
4
$4,600,000
$4,900,000
6.1%
Est.Price: ?

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0.69 Acres Lot

590 W SIERA MADRE BLVD Sierra Madre, CA 91024

Est. payment /mo
SOLD DATE : 11/01/2024

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Key Details

Sold Price $4,600,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR24156284

Sold Date 11/01/24

HOA Y/N No

Year Built 1937

Lot Size 0.689 Acres

Lot Dimensions Public Records

Property Description

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.

Location

State CA

County Los Angeles

Area 656 - Sierra Madre

Zoning SRRPYY

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Carport Spaces 10

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Roof Type Composition

Total Parking Spaces 10

Building

Lot Description 11-15 Units/Acre, Level, Rectangular Lot, Street Level, Walkstreet

Story 2

Water Public

Others

Tax ID 5768023016

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Nicola Speranta • Compass • 626-253-6746
Bought with Pierre Khabbaz • Partners Plus Realty Inc.

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Jade Lee Duffy

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