$2,580,000
$2,499,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
9,583 Sqft Lot
SOLD DATE : 08/27/2021
Key Details
Sold Price $2,580,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR21121671
Sold Date 08/27/21
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1963
Lot Size 9,583 Sqft
Lot Dimensions Public Records
Property Description
"The Montecito"... A rare investment opportunity in Quaint Sierra Madre, one block North of Sierra Madre Blvd. A town without stoplights, nestled beside the San Gabriel mountain range. Currently, an option to LIVE in the front 3 BD/2 BA unit, or keep all 6 rented out. This property has been family-owned for decades, is well maintained, and has been improved over recent years. Three units have been renovated floor to ceiling, including electrical. The other three units: one has had all new flooring and all of them have various updates and improvements. Ample parking with a 2-car parking attached to front 3-bd unit, and a carport structure - all with storage and open parking in the back/top of the property. Onsite laundry, leased equipment, operated via an app. Unit A may be seen/shown now and has central air conditioning and a fireplace. The other 5 units have window/wall AC units. Tenants pay their own metered electric and gas. Newer asphalt and painted parking markings entire exterior. Newer complete exterior paint/shutters to building. Parking: Private 2-car for front unit, all others have 1 designated carport + an open space if needed based on occupancy. Water/Sew/Trash combined as one. Public Record is incorrect: SIX Units, totaling 12 Bedrooms and 7 Bathrooms. A no-pet property. No sign on property - please be accompanied by agt/appt.
Location
State CA
County Los Angeles
Area 656 - Sierra Madre
Zoning SRR3CC*
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Carpet, Laminate, Vinyl
Fireplaces Type See Remarks
Fireplace Yes
Appliance Gas Range
Laundry Common Area, See Remarks
Exterior
Parking Features Assigned, Asphalt, Converted Garage, Carport, Detached Carport, Driveway Up Slope From Street, Off Street
Garage Spaces 2.0
Carport Spaces 5
Garage Description 2.0
Fence Wood
Pool None
Community Features Foothills, Hiking, Mountainous, Urban
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Amenities Available Pets Not Allowed
View Y/N Yes
View Mountain(s), Neighborhood
Roof Type Composition
Total Parking Spaces 12
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story Two
Entry Level Two
Sewer Sewer Tap Paid
Water Public
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5768010012
Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Security Lights
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Kelly Campbell-Giurbino • Pinnacle Real Estate Investments