This Multifamily Property is no longer advertised on LoopNet.com.

285 W Montecito Ave
Sierra Madre, CA 91024
285 W. Montecito · Multifamily Property For Sale · 5 Units

Property Facts

No. Units 5
Property Type Multifamily
Apartment Style Low-Rise
Lot Size 0.22 AC
Building Size 3,155 SF
No. Stories 2
Year Built 1960
Zoning SRR3CC*

Amenities

Unit Amenities

  • Washer/Dryer Hookup
  • Yard

About 285 W MONTECITO AVE , SIERRA MADRE, CA 91024

This is a rare opportunity to acquire a 3 bedroom house and a fourplex in a great location, one block from downtown Sierra Madre. The front detached house is owner occupied and has 3 bedrooms, a remodeled bathroom, a large dining area plus a breakfast area in the kitchen. There is a large covered patio, a grass yard and a 2 car garage. The fourplex in the rear are all one bedroom units and there is a two car carport plus there are two open parking spaces. There is great upside potential here as the rents are way below market. The fourplex was re-plumed last year and the exterior was just painted. Owner would prefer to rent back front house at close of escrow for up to 6 months while they are in the process of purchasing a new home.

Property Taxes

Property Taxes

Parcel Number
5768-010-011
Land Assessment
$1,410,906
Improvements Assessment
$352,724
Total Assessment
$1,763,630
  • Listing ID: 12427477

  • Date on Market: 5/1/2018

  • Last Updated:

  • Address: 285 W Montecito Ave, Sierra Madre, CA 91024

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