491 W Sierra Madre Boulevard, Sierra Madre, CA 91024

$5,300,000
Property Type: Residential Income Bedrooms: 17 Baths: 17 Square Footage: 12,000 Lot Size (sq. ft.): 40,946 Status: Closed
Current Price: $5,300,000 List Date: 1/14/2019 Last Modified: 4/19/2021

Overview

Description

Great investment opportunity! The Palms Apartments Located in lovely Sierra Madre California. A Non-rent controlled 17-Unit apartment complex on Sierra Madre Blvd. The building is 2 stories with 20 parking spots. Washer and dryer on property.

Listing Details MLS# 219000497

General Property Information

# Bedrooms
17
Baths - Full
17
Baths - Total
17
Approx SqFt
12000
Lot Acres
0.94
Lot SqFt
40946.4
Year Built
1960
Common Walls
Yes

Property Features

Land Lease Type: Other Special Conditions: Standard Terms: Cash; Conventional Possession: Close of Escrow Lot Location: Hillside; Near Public Transit; Park Nearby View Type: Hills View; Mountain View Disclosures: None Levels: One Entry Location: Ground Level w/Steps Flooring: Other Water Heater Feature: None Financing: Other

Listing Location and Property Info

Entry Date
2018-10-04
Listing Price
5500000
Street #
491
Direction
W
Street Name
Sierra Madre
Suffix
Boulevard
County
Los Angeles
State/Province
CA
Zip Code
91024
APN/Tax ID
5768017017
Area
656 - Sierra Madre
Subdivision/Tract Code
Other
Country
US

Listing Info

Total # of Units in Complex
17

Property Info

Dwelling Total Floors
2
Pool
No
Spa
No
Fireplace
No

Status Change Info

Pending Date
2019-02-25
Closed Date
2019-03-01
Closed Price
5300000
Sold Price/SqFt
441.67

More Information

Units Information

# Separate Electric Meters
17
# Separate Gas Meters
17
# Separate Water Meters
17

HOA 1 Information

HOA
No
Listing Office: RE/MAX Infinity
Listing Agent: Frank Tesoro |
Last Updated: April - 19 - 2021
Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.