Pasadena, CA 91107,276 S Sierra Madre Blvd
Pasadena, CA 91107,276 S Sierra Madre Blvd
Pasadena, CA 91107,276 S Sierra Madre Blvd
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$5,875,000
Est. payment /mo
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4 Beds
22 Baths
0.35 Acres Lot
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276 S Sierra Madre Blvd Pasadena, CA 91107

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25626927

Bedrooms 4

Construction Status Updated/Remodeled

Year Built 1956

Lot Size 0.347 Acres

Acres 0.3475

Property Sub-Type Multi-Family

Property Description

TURN-KEY, FULLY UPDATED PROPERTY!! Rare offering of 22 units, meticulously maintained, South of Del Mar Blvd. at $267K per unit and 5.34% Cap Rate,....Pride of Ownership just north of San Marino border. The property features UPDATED WINDOWS, ELECTRICAL, & PLUMBING SYSTEMS; REMODELED INTERIORS, Newer roof, refreshed landscaping, and secured on-site gated parking, offering a low-maintenance profile for investors seeking a streamlined, predictable operation. Thoughtful improvements enhance tenant appeal while reducing future capital expenditures. Master metered for electricity, gas and water, making this a perfect candidate to pass-thru utility expenses, trimming expenses and improving cash flow! The unit mix includes 4 spacious 1-bed + 1-bath units and 18 well-designed singles, totaling approximately 8,884 SF (per appraiser) of building area on a 14,600 SF lot. With highly functional layouts and modern finishes throughout, the building boasts units that are always in demand and stands out as an exceptionally pride-of-ownership asset in a supply-constrained submarket.

Location

State CA

County Los Angeles

Area Pasadena Se

Zoning LCR4YY

Rooms

Other Rooms None

Interior

Interior Features Turnkey, Chair Railings, Crown Moldings, Recessed Lighting

Heating Heat Pump, Wall Electric

Cooling Wall/Window, Heat Pump(s), Electric

Equipment Ceiling Fan, Dishwasher, Refrigerator, Range/Oven, Microwave

Laundry Community

Exterior

Parking Features Driveway Gate, Gated, Assigned, On street

Building

Story 2

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Realty Investment Advisors, Inc.
Jennifer D. Holmes
Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972 | jenniferd.holmes@evrealestate.com

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276 S Sierra Madre Blvd