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483-533 Sturtevant Dr
Sierra Madre, CA 91024

$9,500,000 USD

Apartments For Sale  •  8,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,400 SF
  • Lot Size 0.73 AC
  • Building Class B
  • Year Built 1922
  • Zoning SRR1-CUP*
0 Transit Score
43 Walk Score

Highlights

Unique trophy asset in A+ Sierra Madre location
15 renovated cottages spread across 8 separate parcels, totaling 31,712 SF
Nearly $1.2 million in CAPEX invested, including electrical, plumbing, and roofing
Opportunity to build up to 6 ADUs totaling over 3,800 SF of rentable space, or sell each parcel separately for premium ROI
RUBS program in place; low operating expenses

Public Transportation

Commuter RailDriveWalkDistance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 18 min - 7.6 mi
AirportDriveWalkDistance
Bob Hope 33 min - 23.9 mi
Los Angeles International 51 min - 32.5 mi
Long Beach (Daugherty Field) 48 min - 35.6 mi
John Alden 310-387-3489 Dover Management Corporation
John Alden 310-387-3489 Dover Management Corporation