16 days on rocket

70 Auburn Ave, Sierra Madre, CA, 91024

$2,228,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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70 Auburn Ave, Sierra Madre$2,228,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage4 spaces
Year Built1940
HeatingCentral, Wall Furnace
CoolingCentral Air, Wall/Window Unit(s)
FireplaceFamily Room, Living Room
ViewHills, Neighborhood
MLS #WS24097882
Lot Size0.24 Acres
StatusActive

About 70 Auburn Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 2

Listing Office:

  • Office Name: RE/MAX Galaxy
  • Office Phone: (626) 922-9910
  • Listing Agent: WEI BEVERLY ZHANG

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Flooring Type: Tile, Wood
  • Interior: Balcony, Ceiling Fan(s), Attic
  • Fireplace: Family Room, Living Room

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Hills, Neighborhood
  • Exterior: Balcony, Rain Gutters

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Central, Wall Furnace
  • Cooling: Central Air, Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Pasadena High School, Public District Grades 9-12
  • Marshall Fundamental, Public District Grades 6-12
  • Sierra Madre Elementary School, Public District Grades KG-8
  • Sierra Madre Middle School, Public District Grades 6-8
  • Don Benito Fundamental, Public District Grades KG-5
  • Norma Coombs Alternative, Public District Grades KG-5

Other

Directions Information:

  • Directions: North Baldwin Ave, West on Sierra Madre Blvd, North on Auburn to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,228,000
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Housing Market Comparison

See how this home compares to others in Sierra Madre, CA.

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Sierra Madre, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$756

Avg. Days On Market

11

# of Sold Homes

3

70 Auburn Ave vs Sierra Madre

16 DAYS ON ROCKET

+5 Days

$2,228,000

+$852K More

KEY TAKEAWAY

This property is $852K more than the Median Sold Price in Sierra Madre, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS24097882

Listing Office:

  • Office Name: RE/MAX Galaxy
  • Office Phone: (626) 922-9910
  • Listing Agent: WEI BEVERLY ZHANG

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 22, 2018Home Sold
$1,175,000
May 22, 2018Home Sold
$1,175,000

History based on county public records data.

Payment Calculator

$11.1K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,746

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6112820
6
/10

  • Don Benito Fundamental

  • 3700 Denair St

  • 1.12 miles

  • Public District Grades KG-5

school-card-donut-6112821
6
/10

  • Norma Coombs Alternative

  • 2600 Paloma St

  • 2.41 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6112822
7
/10

  • Sierra Madre Elementary School

  • 141 W Highland Ave

  • 0.13 miles

  • Public District Grades KG-8

school-card-donut-6112823
8
/10

  • Sierra Madre Middle School

  • 160 N Canon Ave

  • 0.57 miles

  • Public District Grades 6-8

High School

school-card-donut-6112824
7
/10

  • Pasadena High School

  • 2925 E Sierra Madre Blvd

  • 2.15 miles

  • Public District Grades 9-12

school-card-donut-6112825
6
/10

  • Marshall Fundamental

  • 990 N Allen Ave

  • 3.31 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,146. Most Sierra Madre, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Sierra Madre›91024›70 Auburn Ave

This home is located at 70 Auburn Ave in Sierra Madre, CA and zip code 91024 in the The San Gabriel Valley neighborhood. This home, which was built in 1940, sits on a 0.24 acre lot. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $2,228,000.

In April 2024 more than 3 listings in Sierra Madre, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. The number of homes for sale in Sierra Madre, CA increased by 7.7% between March 2024 and April 2024. In April 2024, listings were on the market for 11 days. During the same period, the median list price in this real estate market was $1,376,000.

From Rocket Homes Real Estate and based on county public records data.

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