Sold for $4,600,000

Listed by: Compass • Nicola Speranta • Contact: 626-253-6746

Bought with: Partners Plus Realty Inc.

$4,600,000

590 W Sierra Madre Blvd, Sierra Madre, CA 91024

22beds

11baths

10,284sqft

Mixed Use

Built in 1937

-- sqft lot

$-- Zestimate^®

$447/sqft

$2,342 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,342/mo

Zestimate^® history

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$29,403/mo

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What's special

PRIME LOCATION, PRIME OPPORTUNITY! NESTLED IN THE HEART OF SIERRA MADRE THIS MULTIPLE-UNIT PROPERTY HAS A RARE SETUP WITH 6 HOLLYWOOD BUNGALOWS; 1 FOUR-PLEX WITH A SINGLE APARTMENT ABOVE THE PARKING GARAGES; JUST OVER HALF AN ACRE, 30,016 SQ FT LOT; 10284 SQ FT OF LIVING SPACE; 11 UNITS; 22 BEDROOMS WITH 11 BATHROOMS; ALL UNITS ARE 2 BED WITH 1 BATH; FEATURING AMPLE OFF STREET COVERED PARKING WITH 1 CARPORT ALLOCATED TO EACH UNIT! THE OWNERS HAVE LOVED AND MAINTAINED THIS SPECIAL PROPERTY FOR MORE THAN 40 YEARS! WELL-MAINTAINED UNITS WITH MANY UPDATES AND UPGRADES. ALL UNITS HAVE THEIR OWN WASHER & DRYER HOOK-UP. BEAUTIFULLY LANDSCAPED; THERE IS AMPLE OPPORTUNITY TO ADD VALUE TO THIS PROPERTY. EXCELLENT PRO-FORMA INCOME. NOT ONLY ARE YOU IN DOWNTOWN SIERRA MADRE, BUT YOU ARE ALSO MINUTES FROM HASTINGS RANCH SHOPS AND THE FREEWAY! BUILT-IN 1937. CALL OUR OFFICE FOR DETAILED MEMORANDUM.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 22
Bathrooms: 11

Rooms

Room types: Bedroom, Living Room, Primary Bedroom

Primary bedroom

Features: Main Level Primary

Bedroom

Features: All Bedrooms Down

Bedroom

Features: Bedroom on Main Level

Heating

Central

Cooling

Central Air

Appliances

Included: Gas Oven, Gas Range, Gas Water Heater
Laundry: Washer Hookup, Gas Dryer Hookup

Features

Ceiling Fan(s), Granite Counters, Tile Counters, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Flooring: Carpet, Tile, Vinyl
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 10,284
Total interior livable area: 10,284 sqft

Property

Parking

Total spaces: 10
Parking features: Garage
Garage spaces: 10

Features

Levels: One,Two
Stories: 1
Entry location: 1
Pool features: None
Spa features: None
Fencing: Average Condition

Lot

Size: 3,016 Square Feet
Features: 11-15 Units/Acre

Details

Parcel number: 5768023016
Zoning: SRRPYY
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Bungalow,Colonial
Property subtype: Mixed Use

Materials

Stucco, Wood Siding
Foundation: Raised
Roof: Composition

Condition

Updated/Remodeled
New construction: No
Year built: 1937

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Community & HOA

Community

Features: Curbs, Foothills, Storm Drain(s), Street Lights, Sidewalks
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Location

Region: Sierra Madre

Financial & listing details

Price per square foot: $447/sqft
Tax assessed value: $4,692,000
Date on market: 8/1/2024
Cumulative days on market: 48 days
Listing terms: Cash,Conventional,1031 Exchange

Price history

Date	Event	Price
10/17/2025	Listing removed	$2,800
Source: CRMLS #AR25151316 Report a problem
7/7/2025	Listed for rent	$2,800
Source: CRMLS #AR25151316 Report a problem
11/1/2024	Sold	$4,600,000+1022%$447/sqft
Source: CRMLS #AR24158304 Report a problem
8/1/2014	Sold	$410,000$40/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$4,692,000 +2%
2025	$53,943 +214%	$4,600,000 +246.3%
2024	$17,181 +0.6%	$1,328,240 +2%
2023	$17,082 +3.3%	$1,302,213 +2%
2022	$16,533 +4.2%	$1,276,696 +2%
2021	$15,862 +3.8%	$1,251,679 +1%
2020	$15,288	$1,238,853 +2%
2019	$15,288 -0.8%	$1,214,578 +2%
2018	$15,407	$1,190,780 +2.1%
2017	$15,407 +1.3%	$1,166,648 +2%
2016	$15,213 +3.3%	$1,143,774 +1.5%
2015	$14,727 +76.7%	$1,126,595 +99.6%
2014	$8,334	$564,534 +5.3%
2010	--	$536,127 +3.8%
2007	--	$516,535 +2%
2006	--	$506,408
2005	--	$506,408 +4%
2004	--	$486,745