Sold

70 Auburn AVE

SIERRA MADRE CA, 91024

$2,125,000


$690.38 per sqft

Sold

6 Beds

6 Baths

3,078 sqft

Multi-family

Built in 1940

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.

WS24097882MR

MLS ID

May 15, 2024

Listed

January 14, 2025

Updated

Map

70 Auburn AVE
SIERRA MADRE CA, 91024

Interior Features

Total Stories

2


Bedrooms

6


Total Bathrooms

6


Appliances

Garage


Laundry Description

Garage


Fireplace

Yes


Fireplace Description

Family Room, Living Room


Cooling

Yes


Cooling Description

Central, Wall/Window Unit(s)


Heating

Yes


Heating Description

Central, Wall

Exterior/Building Features

Lot Size

0.24 Acres


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Sierra Madre


Days on Market

41


Garage

Yes


Garage Spaces

4


Parking Total

4


View

Yes


View Description

Hills


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

SRR3CC*

Listing History

Date

Event

Price

10/9/2024

Sold

$2,125,000

9/12/2024

Pending

Listed by WEI BEVERLY ZHANG with RE/MAX Galaxy
Listing Contact: 626-922-9910 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Vanessa Withers shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 1/14/2025

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