175 S Sierra Madre Pasadena, CA 91107
0.37 Acres Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25225770
HOA Y/N No
Year Built 1957
Lot Size 0.375 Acres
Property Sub-Type Apartment
Property Description
Property Highlights:
1) Five units across three separate buildings
2) Front House (175 S Sierra Madre) is a stand-alone Two-Story 2,848 sf Single House with its own driveway. This spacious, bright and airy, 4 bedroom, 2 bath craftsman-style home features a huge living room, family room, office, large kitchen, basement, front and large side yards. Similar single homes in the area are already worth millions of dollars.
3) Back Units: Four units, each with 2 bedrooms and 1 bath, and a dedicated garage.
Two separate driveways for convenient access, one dedicated to the Front House and the other to the rear 4 units.
Income and Development Potential: The property currently has stable, long-term tenants, providing an immediate opportunity to increase cash flow. Situated directly across from the newer Town & Country luxury townhomes, this lot is in a proven and high-demand area for new development.
Prime Location: This property is located in Southeast side of Pasadena, next to San Marino, just two and a half blocks from Colorado Boulevard, the famous route of the annual Rose Parade. The location offers easy access to a variety of amenities, including grocery stores, retail shops, restaurants, and public transportation, including the Metro rail station.
Location
State CA
County Los Angeles
Area 648 - Pasadena (Se)
Interior
Heating Central
Cooling Wall/Window Unit(s)
Fireplaces Type Living Room
Fireplace Yes
Laundry In Kitchen
Exterior
Garage Spaces 5.0
Garage Description 5.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Total Parking Spaces 10
Private Pool No
Building
Lot Description Front Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5747004039
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
