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RARE FIND! NORTH SIERRA MADRE 12 UNIT BUILDING NESTLED NEAR THE FOOTHILLS AND NEAR THE SIERRA MADRE VILLAGE! FIRST TIME ON THE MARKET IN 34 YEARS. Investors will appreciate this well maintained beautiful apartment complex and location. There are 4 units with 1 bedroom 1 bath with 1 renovated, 8 units with 2 bedrooms and 1 1/2 baths with 3 of the units renovated. Front unit is a 2 bedroom 1 1/2 bath with central heat and air. All the other units have forced central heat and window a/c's. Some of the upgrades have been 7 newer sliding doors and recently upgraded main electrical panel. Roof is a 30 yr. and was replaced around 15 yrs. ago. There are 16 carports and community laundry room for the tenants. Individual gas and electric meters. Landlord pays water & trash. Close to Sierra Madre Village and park, shopping, Pasadena , schools and freeways. BACK ON MARKET! NO FAULT OF THE SELLER.APARTMENT "E" WHICH IS A 2 BEDROOM 1 1/2 BATHS IS VACANT AND CURRENTLY BEING REMODELED. CONSTRUCTION IS ALMOST COMPLETE AND THE RENT WILL BE $2,850 A MONTH WITH A 1YR LEASE
Property Type(s):
Residential Income
| Last Updated | 10/30/2024 | Year Built | 1961 |
|---|---|---|---|
| Community | Sierra Madre | County | Los Angeles |
Price History
| Prior to Jul 1, '24 | $6,900,000 |
|---|---|
| Jul 1, '24 - Today | $5,900,000 |
Additional Details
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Sierra Madre |
| GARAGE | Assigned, Carport, Covered, Detached Carport |
| HEAT | Central |
| HOA DUES | 0 |
| LOT | 0.43 acre(s) |
| LOT DESCRIPTION | Front Yard, Landscaped, Lawn, Sprinkler System |
| PARKING | Assigned,Covered,Carport,Detached Carport |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
| ZONING | SRRPYY |
Location
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Listed with Dohlen Real Estate Inc
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