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483-533 Sturtevant Dr
Sierra Madre, CA 91024
Sierra Bungalows · Multifamily Property For Sale
·
15 Units
Investment Highlights
- Unique trophy asset in A+ Sierra Madre location
- Nearly $1.2 million in CAPEX invested, including electrical, plumbing, and roofing
- RUBS program in place; low operating expenses
- 15 renovated cottages spread across 8 separate parcels, totaling 31,712 SF
- Opportunity to build up to 6 ADUs totaling over 3,800 SF of rentable space, or sell each parcel separately for premium ROI
Property Facts
| No. Units | 15 | Lot Size | 0.73 AC |
| Property Type | Multifamily | Building Size | 8,400 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | B | Year Built | 1922 |
| Zoning | SRR1-CUP* | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.73 AC |
| Building Size | 8,400 SF |
| No. Stories | 1 |
| Year Built | 1922 |
| Zoning | SRR1-CUP* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | 800 |
| 2+1 | 6 | - | 600 |
| 1+1 | 7 | - | 500 |
| Studios | 1 | - | 500 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,531,086 | |
| Land Assessment | $2,843,459 | Total Assessment | $4,374,545 |
Property Taxes
Parcel Numbers
Land Assessment
$2,843,459
Improvements Assessment
$1,531,086
Total Assessment
$4,374,545
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