$1,799,000

55 E Highland Avenue

Sierra Madre CA, 91024

Description

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!

Details

MLS#AR20241301
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1951
Days On Site106

Features

SQ Feet3,209
Units3
Building(s)2
Water FrontNo
Property ViewYes
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Area Information
StateCA
CountyLos Angeles
CitySierra Madre
Zip Code91024
Area656 - Sierra Madre
Listing VS Median (in 91024)
Price:
$1,799,000
low | high
Med:
$1,330,000
76.070038910506% of Average
SqFt:
3,209
low | high
Med:
1,738
95.839825490807% of Average
$ / SqFt:
$561
low | high
Med:
$765
13.497557459041% of Average
On Site:
106
low | high
Med:
40
100% of Average
Sourced by Back At You
Listing Updated: February 8, 2021 8:28:48 AM PST
Fred Ashkar LogoMLS Number: AR20241301
Listing Provided By:
Fred Ashkar  of  Re Max Premier Prop Arcadia
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.