70 Auburn Avenue, Sierra Madre, CA 91024
-
Listed Price :
$2,228,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1940
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.
Interior Features
| Laundry Information |
| Location(s) |
In Garage |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Tile, Wood |
| Interior Information |
| Features |
Balcony, Ceiling Fan(s), Attic |
| Cooling Type |
Central Air, Wall/Window Unit(s) |
Listing Information
| Address |
70 Auburn Avenue |
| City |
Sierra Madre |
| State |
CA |
| Zip |
91024 |
| County |
Los Angeles |
| Listing Agent |
WEI BEVERLY ZHANG DRE #02101239 |
| Co-Listing Agent |
HECTOR MARQUEZ DRE #01978541 |
| Courtesy Of |
RE/MAX Galaxy |
| List Price |
$2,228,000 |
| Status |
Pending |
| Type |
Residential Income |
| Subtype |
Triplex |
| Structure Size |
N/A |
| Lot Size |
10,536 |
| Year Built |
1940 |
Listing information courtesy of: WEI BEVERLY ZHANG, HECTOR MARQUEZ, RE/MAX Galaxy. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 12th, 2024 at 12:54 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
