$4,600,000
Sold

590 W SIERRA MADRE BOULEVARD

Sierra Madre, CA 91024
0.07 acres | #AR24158304
Listing OfficeCompass
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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.

  • Interior Details
      • InteriorCeilingFans, GraniteCounters, TileCounters, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary
  • Property Details
      • Lot DescriptionElevenToFifteenUnitsAcre
      • Stories2
    • Measurements
      • Acres0.0692
    • Parking
      • Parking Spaces10
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1937
    • Material information
      • FoundationRaised
  • Utilities / Energy Details
      • Utility FeaturesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$5,998,000
  • Other
      • MLS #AR24158304

Location

Karen SellersReal Estate Group