$5,900,000 Price Analysis   ♡   Sierra Madre, CA 91024 20 bed 21 bath 13,460 SqFt ($438/SqFt) 0.43 acre lot. Built 1961 Listed 2024-05-30, Taxes $23,845 | Ⓧ USDA Ineligible due to price & location near Sierra Madre |
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 pretty 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 th 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 and trash. Close to Sierra Madre Village and park, shopping, Pasadena , schools and freeways. BACK ON MARKET!
NO FAULT OF THE SELLER.
Presented by Gina Dohlen at
Dohlen Real Estate Inc.
Property MLS #CV24109022 from CRMLS
Heating Features: Central
Heating: Yes
Parking Features: Parking YN: Yes, Parking Features: Assigned, Carport, Detached Carport, Covered
Parking Total: 16
Lot Size Acres: 0.4348
Lot Size Source: Assessor
Lot Size Square Feet: 18940
Unit Features: Bedrooms in Unit 11 : 2, Bathrooms in Unit 11 : 2, Bedrooms in Unit 12 : 1, Bathrooms in Unit 12 : 1
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 2
Bedrooms in Unit-9: 2
Bedrooms in Unit-10: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 3
Total Bathrooms in Unit-5: 2
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 2
Total Bathrooms in Unit-9: 2
Total Bathrooms in Unit-10: 2
Tenant Pays: Electricity, Gas
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 10812.00
Area: 656 - Sierra Madre
Source Neighborhood: 656 - Sierra Madre
Number of Separate Electric Meters: 12
Number of Separate Gas Meters: 12
Parcel Number: 5768015019
Postal Code Plus 4: 2259
Professional Management Expense: 23781.00
Trash Expense: 10000.00
Zoning: SRRPYY
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $1,308,939 + $554,771 $1,863,710 | $23,845 |
| 2021 | $1,283,274 + $543,894 $1,827,168 | $22,874 |
| 2020 | $1,270,116 + $538,318 $1,808,434 | $22,038 |
| 2019 | $1,245,212 + $527,763 $1,772,975 | $22,067 |
| 2018 | $1,220,797 + $517,415 $1,738,212 | $22,156 |
| 2017 | $1,196,860 + $507,270 $1,704,130 | $21,891 |
| 2016 | $1,173,393 + $497,324 $1,670,717 | $21,201 |
| 2015 | $1,155,768 + $489,854 $1,645,622 | $20,876 |
| 2014 | $1,133,129 + $480,259 $1,613,388 | $20,499 |
| 2013 | $1,128,008 + $478,089 $1,606,097 | $20,480 |
| 2012 | $1,105,891 + $468,715 $1,574,606 | $20,296 |
| 2010 | $1,084,207 + $459,525 $1,543,732 | $19,541 |
| 2009 | $1,078,661 + $457,175 $1,535,836 | $19,613 |
| 2009 | $1,076,104 + $456,091 $1,532,195 | $19,613 |
| 2008 | $1,057,511 + $448,211 $1,505,722 | $18,447 |
| 2007 | $1,036,776 + $439,423 $1,476,199 | $17,907 |
$5,900,000
CRMLS
Listed 2024-05-30
$6,900,000
CRMLS
Sold 1990-02-16
$1,075,000
Public Record
Year Built: 1961
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: front entrance
Property Age: 63
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.