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