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Sold for $6,000,000
  • Listed by: Dohlen Real Estate Inc • Gina Dohlen • Contact: 626-991-8232
    Bought with: Realty Investment Advisors, Inc.
    $6,000,000

    609 W Sierra Madre Blvd, Sierra Madre, CA 91024

    28beds
    18baths
    18,922sqft
    Multi Family
    Built in 1956
    -- sqft lot
    $2,989,100 Zestimate®
    $317/sqft
    $3,055 Estimated rent

    Home value

    $2,989,100

    $2.42M - $3.71M

    $3,055/mo

    Zestimate® history
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    What's special

    RARE FIND! NORTH SIERRA MADRE 18 UNIT BUILDING FIRST TIME ON THE MARKET IN 47 YEARS! Nestled near the foothill mountains and close to the Sierra Madre Village. This property has been very well maintained and ready to purchase. Investors can appreciate the location and condition. There are 18 total units, 8 large 1 bedroom 1 bath and 10 large 2 bedroom and 1 bath with either a private patio or balcony. 12 of the 18 units have been remodeled with new baths/kitchen, flooring, painting, new appliances, new window a/c's, new windows and sliding doors. Seller has made improvements with newer fencing for downstairs patios, 2 concrete upstairs balconies were redone and all individual electrical boxes were recently upgraded. Roof is a 30 yr and was replaced around 15 yrs ago. CCTV security camera system for the carport area installed by a professional. There is a pool which was remodeled approximately 10 years ago, a community laundry room and carports with storage for the tenants. Close to Pasadena, freeways, schools and shopping. Also for sale is the adjacent 12 unit building at 595 W. Sierra Madre Blvd. for $5.9 Million.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gina Dohlen DRE #01266931 626-991-8232,

    Dohlen Real Estate Inc

    Bought with:

    Alexander Metaxas, DRE #01784652

    Realty Investment Advisors, Inc.

    Source: CRMLS,MLS#: CV24108781MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 28
    • Bathrooms: 18
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: Common Area, Laundry Room
    Features
    • Balcony, Ceiling Fan(s), Granite Counters, Living Room Deck Attached, Recessed Lighting, Solid Surface Counters
    • Flooring: Carpet, Vinyl
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 18,922
    • Total interior livable area: 18,922 sqft

    Property

    Parking
    • Total spaces: 18
    • Parking features: Assigned, Carport, Detached Carport
    • Carport spaces: 18
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front entrance
    • Pool features: Community, Gunite, In Ground
    Lot
    • Size: 0.75 Acres
    • Features: Front Yard, Landscaped, Near Park, Sprinkler System, Walkstreet, Yard
    Details
    • Parcel number: 5768015020
    • Zoning: SRRPYY
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Sidewalks, Park, Pool
    Location
    • Region: Sierra Madre

    Financial & listing details

    • Price per square foot: $317/sqft
    • Date on market: 5/30/2024
    • Cumulative days on market: 38 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Total actual rent: 37279
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    10/9/2024Sold$6,000,000-24.1%$317/sqft
    Source: CRMLS #CV24108781 Report a problem
    9/30/2024Pending sale$7,900,000$418/sqft
    Source: CRMLS #CV24108781 Report a problem
    7/9/2024Contingent$7,900,000$418/sqft
    Source: CRMLS #CV24108781 Report a problem
    7/1/2024Price change$7,900,000-11.2%$418/sqft
    Source: CRMLS #CV24108781 Report a problem
    5/30/2024Listed for sale$8,900,000$470/sqft
    Source: CRMLS #CV24108781 Report a problem
    3/18/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/16/2024Price change$2,750-3.5%
    Source: Zillow Rentals Report a problem
    2/15/2024Listed for rent$2,850+9.6%
    Source: Zillow Rentals Report a problem
    11/9/2023Listing removed--
    Source: Zillow Rentals Report a problem
    10/29/2023Listed for rent$2,600
    Source: Zillow Rentals Report a problem
    7/8/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/1/2023Listed for rent$2,600+18.2%
    Source: Zillow Rentals Report a problem
    5/20/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/16/2023Listed for rent$2,200+4.8%
    Source: Zillow Rentals Report a problem
    5/14/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/10/2023Listed for rent$2,100-14.3%
    Source: Zillow Rentals Report a problem
    4/23/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/7/2022Listed for rent$2,450+11.4%
    Source: Zillow Rental Manager Report a problem
    6/23/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/18/2021Listed for rent$2,200+22.2%
    Source: Zillow Rental Manager Report a problem
    3/3/2021Listing removed--
    Source: Owner Report a problem
    11/18/2020Listing removed$1,800
    Source: Owner Report a problem
    10/29/2020Listed for rent$1,800-21.7%
    Source: Owner Report a problem
    9/11/2019Listing removed$2,300
    Source: Owner Report a problem
    8/23/2019Listed for rent$2,300+35.3%
    Source: Owner Report a problem
    9/27/2018Listing removed$1,700
    Source: Owner Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 91024

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,989,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,989,100