Sierra Madre, CA 91024,590 W SIERRA MADRE Boulevard
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Sierra Madre, CA 91024,590 W SIERRA MADRE Boulevard
Listed by Nicola Speranta • Compass
Bought with Pierre Khabbaz • Partners Plus Realty Inc.

$4,600,000

Est. payment /mo

$4,900,000

6.1%
Est.Price: ?

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590 W SIERRA MADRE Boulevard Sierra Madre, CA 91024

10,284 SqFt

SOLD DATE : 11/01/2024

Key Details

Sold Price $4,600,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 10,284 sqft

Price per Sqft $447

MLS Listing ID CRAR24158304

Sold Date 11/01/24

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1937

Lot Size 3,016 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

Interior

Heating Other

Cooling Central Air

Flooring Tile, Vinyl, Carpet

Fireplace No

Appliance Gas Water Heater

Laundry Other

Building

Water Public

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