Excellent opportunity to own a single-family residence with a rear duplex in a desirable Sierra Madre location near Old Town. The front unit is a detached single-family home featuring 3 bedrooms and 1 bathroom, completely gutted and remodeled approximately 5 years ago. It offers a living room with a wood-burning fireplace, a formal dining room, and an updated kitchen with granite countertops, soft-close cabinets, and newer appliances. Additional features include LVP flooring throughout, dual-pane windows, recessed lighting, a dedicated laundry room, a basement providing extra storage or flexible use space, and its own private backyard. A new composition roof was also installed on the front house around 5 years ago. The rear duplex includes two units and two one-car attached garage: one garage space is allocated for the single-family home, and the other is dedicated to the one-bedroom, one bath unit. Both units also enjoy a side yard and a backyard. Upstairs: A one-bedroom, one-bath unit with a warm, inviting kitchen featuring wood-paneled walls, open shelving, and ample cabinetry. The kitchen includes a vintage-style range, generous counter space, and a breakfast bar that opens to the living area, creating a comfortable and functional layout. Downstairs: A studio unit with a kitchen, eating area, walk-in closet, and ¾ bathroom. This versatile property offers flexibility for owner-occupants or investors seeking a well-located income opportunity in Sierra Madre.
Tucked away on a flag lot in a prime North Sierra Madre location, this unique three-unit income property offers immediate cash flow with upside potential. The property includes 87 Auburn (2 bed/1 bath front house), 89 Auburn (1 bed/1 bath upstairs unit above garage), and 91 Auburn (1 bed/1 bath separate rear unit on second parcel). All units are occupied by long-term, reliable tenants with below-market rents, presenting a clear opportunity for future rent increases. Owner will not vacate tenants. Drive-by only, with interior inspections subject to accepted offers. Please do not enter the property or disturb tenants. A solid investment in one of Sierra Madre’s most desirable neighborhoods.
Nestled against the San Gabriel Wilderness, Sierra Court Cottages offers an investor the opportunity to own a unique 15-cottage community spread across eight (8) parcels in Sierra Madre, totaling 31,712 square feet. The 15 cottages are comprised of various configurations and have been tastefully renovated to preserve the original artistic integrity of the site. Current ownership has invested nearly $1.2 million in capital improvements, including new electrical systems, plumbing, roofing, exterior work, and landscaping. Operating expenses are currently low due to the implementation of resident utility billing (RUBS) across the community, allowing new ownership to operate the asset at a sub-30% expense ratio. The site is eligible for the construction of six (6) ADUs, totaling 3,800 square feet of additional rentable space. Current ownership has initiated the planning process and completed a site survey for construction. By adding the six (6) ADUs, new ownership can achieve a return on construction costs of over 260%.Alternatively, new ownership could opt to sell each parcel individually before or after the ADU construction to realize a premium return on investment. *Listing includes APN #s - 5764-017-006; 5764-017-007;5764-017-008; 5764-017-026;5764-017-011; 5764-017-010;5764-017-009; 5764-017-029*
Sierra Madre is located in California. Sierra Madre, California has a population of 11,253. Sierra Madre is more family-centric than the surrounding county with 33.9% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Sierra Madre, California is $116,884. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Sierra Madre is 48.3 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 45.5 degrees. The average rainfall is approximately 22.2 inches per year, with 0 inches of snow per year.
