$5,900,000
Accepting Backup Offers

595 W Sierra Madre Boulevard

Sierra Madre, CA 91024
0.43 acres | #CV24109022
Listing OfficeDohlen Real Estate Inc
Browse 43 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

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 Details
      • Lot DescriptionFrontYard, Lawn, Landscaped, SprinklerSystem
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$6,900,000
      • MLS #CV24109022
      • MLS #CV24109022
      • Property SubtypeApartment
      • Cost5900000
      • Acres0.4348
      • Utility SourcePublic
      • Year Built1961
      • Stories2

Location

Pamela BriggsThe Briggs Team
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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