This is a rare opportunity to acquire a 3 Br house and a fourplex in a great location one block from downtown Sierra Madre. The front detached house is owner occupied and has 3 bedrooms, a remodeled bathroom, a large dining area plus a breakfast area in the kitchen. There is a large covered patio, a grass yard and a 2 car garage. The fourplex in the rear are all one bedroom units and there is a two car carport plus there are two open parking spaces. There is great upside potential here as the rents are way below market. The fourplex was re-plumed last year and the exterior was just painted. Owner would prefer to rent back front house at close of escrow for up to 6 months while they are in the process of purchasing a new home.
Full Property Details
Full Property Details for 285 W Montecito Avenue
Sold For: $1,550,000
MLS ID: AR18087557
Added: 97 day(s) ago
Rooms/Areas: Entry, Living Room
Interior Features: Built-Ins, Ceiling Fan
Appliances: Garbage Disposal, Gas Water Heater
Flooring: Carpet, Tile
Laundry: Gas Dryer Hookup, In Garage, Washer Hookup
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Price & Sales History
Price & Sales History for 285 W Montecito Avenue
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
285 W Montecito Avenue, Sierra Madre, CA 91024 (MLS# AR18087557) is a
Multi-Family property that was sold at $1,550,000 on July 05, 2018.
This property was listed by Gary Lorenzini from our Arcadia Office.Want to learn more about 285 W Montecito Avenue?
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Lease with a Right to Purchase
A new affordable option from Home Partners of America. They buy the home, you lease it for 1-5 years with a right to purchase.