$4,900,000
Active
48 Days Online
0 Beds0 Baths10,284 SQFT
Active

590 W Siera Madre Boulevard Sierra Madre, CA 91024

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site48 Days
  • MLS StatusActive
  • MLS ID NumberAR24156284
  • Home Size Source Assessor
  • Year Built1937
  • Lot Size0.6891 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction StuccoWood Siding
  • Parking Spaces 10
  • Number of Stories 2
  • Acreage 0.6891
  • Water Public
  • Security Carbon Monoxide Detector(s)Smoke Detector(s)
  • Property Sub Type Multi Family
  • Utilities Electricity AvailableNatural Gas AvailableSewer AvailableWater Available
  • Zoning SRRPYY
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central
  • Laundry Features Gas Dryer HookupWasher Hookup

Exterior Features

  • Roof Composition
  • Lot 11-15 Units/ AcreLevel with StreetRectangular LotLevelWalkstreet

Community Features

  • MLS Area 656 - Sierra Madre
  • Security Features Carbon Monoxide Detector(s)Smoke Detector(s)

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Monthly Payment (Est.)

$23,806
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