Sierra Madre, CA 91024,590 W SIERRA MADRE BLVD
Sierra Madre, CA 91024,590 W SIERRA MADRE BLVD,Video Tour
2
$4,600,000
$4,900,000
6.1%
Est.Price: ?

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3,014 Sqft Lot

590 W SIERRA 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 Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR24158304

Year Built 1937

Lot Size 3,014 Sqft

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

Flooring Carpet, Tile, Vinyl

Fireplaces Type None

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 10.0

Garage Description 10.0

Fence Average Condition

Pool None

Community Features Curbs, Foothills, Storm Drain(s), Street Lights, Sidewalks

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

Roof Type Composition

Building

Lot Description 11-15 Units/Acre

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Read Less


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

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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