590 W SIERRA MADRE Boulevard
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590 W SIERRA MADRE Boulevard

590 W SIERRA MADRE Boulevard, Sierra Madre, CA 91024

$4,600,000
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.

10,284 Sq.Ft. LIVING AREA

3,016 Sq.Ft. lot

Nicola Speranta

Nicola Speranta

Features & Amenities

Interior

  • Laundry room Washer Hookup, Gas Dryer Hookup
  • Flooring Carpet, Tile, Vinyl
  • Fireplace None
  • APPLIANCES Gas Oven, Gas Range, Gas Water Heater
  • other interior Features Ceiling Fan(s), Granite Counters, Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary

Area & Lot

  • Status Sold
  • Living Area10,284 Sq.Ft.
  • Lot Area3,016 Sq.Ft.
  • MLS® IDAR24158304
  • TypeMulti-Family
  • YEAR BUILT1937
  • NeighborhoodSierra Madre
  • Architecture StylesBungalow, Colonial

Exterior

  • STORIES1
  • Garage Space10.0
  • water SourcePublic
  • utilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
  • PoolNone
  • roofComposition
  • lot features11-15 Units/Acre
  • HEAT TYPECentral
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer
  • SubstructureRaised
  • security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)

Financial

  • Sales Price$4,600,000
  • Zoning SRRPYY
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Sierra Madre

34.1617° N, 118.0528° W

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