Sierra Madre, CA 91024,283 W Montecito AVE
Sierra Madre, CA 91024,283 W Montecito AVE
Sierra Madre, CA 91024,283 W Montecito AVE
15
$2,580,000
$2,499,000
3.2%
Est.Price: ?

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9,583 Sqft Lot

283 W Montecito AVE Sierra Madre, CA 91024

Est. payment /mo
SOLD DATE : 08/27/2021

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Key Details

Sold Price $2,580,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR21121671

Year Built 1963

Lot Size 9,583 Sqft

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

Heating Forced Air, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Laminate, Vinyl

Fireplaces Type See Remarks

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

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

Building

Lot Description 6-10 Units/Acre

Story Two

Sewer Sewer Tap Paid

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kelly Campbell-Giurbino • Pinnacle Real Estate Investments
Bought with Kelly Campbell-Giurbino • Pinnacle Real Estate Investments

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agent

Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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