Sierra Madre, CA 91024,590 W SIERRA MADRE BLD
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Sierra Madre, CA 91024,590 W SIERRA MADRE BLD
Sierra Madre, CA 91024,590 W SIERRA MADRE BLD
Sierra Madre, CA 91024,590 W SIERRA MADRE BLD
Sierra Madre, CA 91024,590 W SIERRA MADRE BLD
Listed by Nicola Speranta • Compass
Bought with Pierre Khabbaz

$4,600,000

Est. payment /mo

$4,900,000

6.1%
Est.Price: ?

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590 W SIERRA MADRE BLD Sierra Madre, CA 91024

3,016 Sqft Lot

SOLD DATE : 11/01/2024

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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