483-533 Sturtevant Dr | Sierra Madre, CA 91024
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- LoopNet Team
483-533 Sturtevant Dr
Sierra Madre, CA 91024
Sierra Bungalows · Multifamily Property For Sale · 15 Units
Investment Highlights
- Unique Trophy Asset, A+ Sierra Madre Location.
- Nearly $1.2 Million in CAPEX Invested, Including Electrical Plumbing & Roofing.
- Opportunity to Sell Each Parcel Separately for Premium ROI.
- 15 Renovated Cottages Spread Across 8 Separate Parcels, Totaling 31,712 SF.
- Opportunity to Build up to 6 ADUs Totaling Over 3,800 SF of Rentable Space.
- RUBS Program in Place; Low Operating Expenses.
PROPERTY FACTS
| No. Units | 15 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 18,750 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | B | Year Built | 1922 |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 18,750 SF |
| No. Stories | 1 |
| Year Built | 1922 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 13 | - | - |
| 3+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 5764-017-008 | Improvements Assessment | $598,129 |
| Land Assessment | $750,353 | Total Assessment | $1,348,482 |
PROPERTY TAXES
Parcel Number
5764-017-008
Land Assessment
$750,353
Improvements Assessment
$598,129
Total Assessment
$1,348,482
zoning
| Zoning Code | SRR1-CUP* |
| SRR1-CUP* |
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