Seller represented by:
FRED ASHKAR with Re/Max Premier Prop Arcadia

55 E Highland Ave Sierra Madre, CA 91024
  • New
  • Multi Family · 3 Units

55 E Highland Ave Sierra Madre, CA 91024 Get directions

$1,799,000 $561/Sq. ft.
7 Beds 4 Baths 3,209 Sq. ft. 12,476 Sq. ft. Lot
  • Styleranch_house
  • Age 69 Years
  • MLS# AR20241301
  • Listed 11 Days Ago

Overview

Unique and Rare Multifamily Home in Sierra Madre! Listed for the first time in over 40 years, this highly desirable triplex is an ideal blend of investment potential and living possibilities. Pride of ownership is evident in each unit with exceptionally neat landscaping and meticulously maintained interiors. Driving up to the property, you immediately notice natural exterior paint tones, a brick paver driveway, and two distinct structures consisting of one duplex and one single-family unit. Perfect for on-the-go individuals, each 2BR/1BA unit in the duplex features a 1-car garage, modern conveniences, and daily comforts. Entering, you find honey-hued hardwood floors, neutral colors, and a large living and dining space. Each kitchen features ample cabinetry, gas range, and granite countertops. Both bedrooms are generously sized and share a full bathroom! The 3BR/2BA single-family home is located further back behind a gate. Explore to find an open floor plan, a living room w/fireplace, and a dining area w/herringbone patterned hardwood floors and French doors to an amazing patio and a detached 2-car garage. Remodeled for convenience, the eat-in kitchen has gorgeous wood cabinetry, gas range, built-in microwave, and granite countertops. The spacious master bedroom includes an en suite. Other features: laundry hookups in each unit, central A/C & heat, and more! With tons of potential for positive cash flow and monthly residuals, this triplex will not last. Schedule a tour today!

  • Seller represented by:
  • REALTOR ® FRED ASHKAR with Re/Max Premier Prop Arcadia

Features

Appliances

  • Appliances: Dishwasher, Disposal, Gas Range, Range Hood, Water Line to Refrigerator
  • Appliances YN: Y
  • Laundry Features: In Kitchen, Inside

Interior Features

  • Built-in Features
  • Ceiling Fan(s)
  • Ceramic Counters
  • Unfurnished
  • Flooring: Tile, Wood

Bedrooms

  • Bedrooms: 7

Heating and Cooling

  • Cooling Features: Central Air, Electric
  • Heating Features: Central, Forced Air, Natural Gas
  • Heating: Yes

Bathrooms

  • Full Bathrooms: 4

Exterior and Lot Features

  • Fencing: Fence YN: Y, Fencing: Block, Wood
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained

Land Info

  • Lot Description: Landscaped, Lot 10000-19999 Sqft, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Acres: 0.2864
  • Lot Size Dimensions: 65x192
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12474

Garage and Parking

  • Garage Spaces: 4
  • Parking Features: Parking YN: Y, Parking Features: Assigned, Paved, Driveway Up Slope From Street, Garage Faces Front, Gated
  • Parking Total: 4

Home Features

  • View: Mountain(s)

Multi-Unit Info

  • Number of Units: 3
  • Bedrooms in Unit-1: 2
  • Bedrooms in Unit-2: 2
  • Bedrooms in Unit-3: 3
  • Total Bathrooms in Unit-1: 1
  • Total Bathrooms in Unit-2: 1
  • Total Bathrooms in Unit-3: 2
  • Unit-1 Garage Spaces: 1
  • Unit-2 Garage Spaces: 1
  • Unit-3 Garage Spaces: 2

Homeowners Association

  • Calculated Total Monthly Association Fees: 0

Rental Info

  • Tenant Pays: Electricity, Gas
  • Vacancy Allowance: 2448

Amenities and Community Features

  • Community Features: Sidewalks

Other Property Info

  • Source Listing Status: Active
  • County: Los Angeles
  • Source Property Type: Multi-Family
  • Insurance Expense: 4721.00
  • Area: 656 - Sierra Madre
  • Source Neighborhood: 656 - Sierra Madre
  • Parcel Number: 5767007033
  • Postal Code Plus 4: 1911
  • Zoning: SRR3
  • Source System Name: C2C

Commercial Info

  • Net Operating Income: 51289.00

Building and Construction

  • Total Square Feet Living: 3209.00
  • Year Built: 1951
  • Building Features: 2
  • Common Walls: 1 Common Wall
  • Construction Materials: Frame, Stucco
  • Direction Faces: North
  • Foundation Details: Raised
  • Property Age: 69
  • Property Attached: Yes
  • Roof: Composition
  • Levels or Stories: One
  • House Style: Ranch
  • Year Built Source: Assessor

Accessibility Features

  • No Interior Steps

Utilities

  • Sewer: Sewer: Sewer Paid, Water Sewer Expense: 3286.00
  • Water Source: Public

Nearby Schools

Rating School Grades Distance
8 Sierra Madre Elementary School K-5 0.3 mi
7 Sierra Madre Middle School 6-8 0.4 mi
6 Pasadena High School 9-12 2.3 mi
NA Gooden Private School, The K-8 0.1 mi

School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a school’s test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.

Neighborhood

Property History for 55 E Highland Ave

Property Tax

Property Price

Date Event Price Price / Sq ft Source
2020-11-17 Listed $1,799,000 $560 CRMLS
2018-05-11 Listing removed $2,100 $2 CRMLS
2018-04-03 Listed for rent $2,100 $2 CRMLS
2016-03-17 Listing removed $2,000 $2 CRMLS
2016-01-25 Listed for rent $2,000 $2 CRMLS
2016-01-11 Listing removed $2,000 $2 CRMLS
2015-12-08 Listed for rent $2,000 $2 CRMLS
2014-12-09 Listing removed $1,950 $2 CRMLS
2014-09-24 Listed for rent $1,950 $2 CRMLS
2014-04-02 Listing removed $1,850 $2 CRMLS
2014-03-03 Listed for rent $1,850 $2 CRMLS
2011-12-13 Listing removed $1,700 $1 CRMLS
2011-12-13 Listing removed $1,700 $1 ITECH
2011-12-06 Price Changed for rent $1,700 $1 CRMLS
2011-11-16 Listed for rent $1,800 $2 CRMLS
2011-11-16 Listed for rent $1,700 $1 ITECH
1977-01-13 Sold - - Public Record

The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTOR® directly in order to obtain the most up-to-date information available.