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Listed by: Douglas Steinriede (818) 843-5200 DRE #00284936 | Dover Management Corp. (818) 843-5200
$9,500,000
22 Beds
- 15 Baths
8,400sqft
483 Sturtevant Dr, Sierra Madre, CA 91024
$9,500,000
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Multi Family
Built in 1923
$-- HOA
2,448 sqft lot
$1,131/sq.ft
Description
Nestled against the San Gabriel Wilderness, Sierra Court Cottages offers an investor the opportunity to own a unique 15-cottage community spread across eight (8) parcels in Sierra Madre, totaling 31,712 square feet. The 15 cottages are comprised of various configurations and have been tastefully renovated to preserve the original artistic integrity of the site. Current ownership has invested nearly $1.2 million in capital improvements, including new electrical systems, plumbing, roofing, exterior work, and landscaping. Operating expenses are currently low due to the implementation of resident utility billing (RUBS) across the community, allowing new ownership to operate t...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1923
HOA Fees
-
Finished Area
8,400 sqft
Lot Size
2,448 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25557095
MLS Status
Active
Days on Market
164
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