595 W Sierra Madre BLD Contingent

Sierra Madre,CA 91024

$ 5900000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Contingent

Purchase Type For Sale

MLS Listing ID CRCV24109022

Year Built 1961

Lot Size 0.435 Acres

Property 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

Location

State CA

County Los Angeles

Area 656 - Sierra Madre

Interior

Heating Central Forced Air

Cooling Central AC,Window / Wall Unit

Laundry In Laundry Room,Washer/Dryer - Leased,Community Facility

Exterior

Garage Assigned Spaces,Carport ,Covered Parking,Detached Garage

Garage Spaces 16.0

Pool None

Building

Water District - Public

Others

Special Listing Condition Not Applicable ,Accepting Backups

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