Sierra Madre, CA 91024,70 Auburn AVE
See all 35 photos
Sierra Madre, CA 91024,70 Auburn AVE
Sierra Madre, CA 91024,70 Auburn AVE
Sierra Madre, CA 91024,70 Auburn AVE
Sierra Madre, CA 91024,70 Auburn AVE

$2,228,000

Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

70 Auburn AVE Sierra Madre, CA 91024

3,078 SqFt

SOLD DATE : 10/09/2024

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,078 sqft

Price per Sqft $690

MLS Listing ID WS24097882

Year Built 1940

Lot Size 10,537 Sqft

Property Description

Located in a highly desirable area, 70 Auburn stands out as a premier multi-family property offering significant investment potential. This property boasts two well-maintained units with stable, communicative tenants, ensuring consistent rental income from the get-go. The landlord?s meticulous attention to maintenance and tenant relations exemplifies the property?s excellent management.

Nestled between these dwellings are charming courtyards adorned with citrus and lemon trees, providing a peaceful oasis for relaxation and outdoor enjoyment. The third unit presents a wealth of possibilities, either to be expanded or simply refined with minor touch-ups. An array of supplies for these enhancements is already provided by the current owner, further reducing initial costs for the new investor.

Each unit benefits from a fully prepared laundry facility, adding to the convenience for residents and enhancing the property's appeal. Positioned for both residential and entrepreneurial uses thanks to its zoning with an entrepreneurial overlay, 70 Auburn offers numerous development opportunities. Whether looking to capitalize on the existing structure or to explore more extensive redevelopment options, this property caters to a broad spectrum of investment strategies.

With its strategic location and versatile potential, 70 Auburn represents a rare opportunity to invest in a property that promises both immediate returns and long-term growth.

Location

State CA

County Los Angeles

Area 656 - Sierra Madre

Zoning SRR3CC*

Rooms

Ensuite Laundry In Garage

Interior

Laundry Location In Garage

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile, Wood

Fireplaces Type Family Room, Living Room

Laundry In Garage

Exterior

Exterior Feature Rain Gutters

Garage Spaces 4.0

Garage Description 4.0

Fence Wood

Pool None

Community Features Curbs

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Hills, Neighborhood

Roof Type Shingle

Building

Lot Description Back Yard

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by WEI BEVERLY ZHANG • RE/MAX Galaxy • 626-922-9910
Bought with James Moran • Moran Real Estate Inc.

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.