Bought with Pierre Khabbaz
$4,600,000
$4,900,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
590 W SIERRA MADRE BLD Sierra Madre, CA 91024
3,016 Sqft Lot
Key Details
Sold Price $4,600,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRAR24158304
Sold Date 11/01/24
Style Colonial,Bungalow
Year Built 1937
Lot Size 3,016 Sqft
Source California Regional MLS
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
Rooms
Kitchen Other, Oven Range - Gas, Oven - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Gas Hookup, 30
Exterior
Garage Spaces 10.0
Pool 31, None
Roof Type Composition
Building
Story One Story
Foundation Raised
Water District - Public
Architectural Style Colonial, Bungalow
Others
Tax ID 5768023016
Special Listing Condition Not Applicable
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