154 S Lima Street, Sierra Madre, California 91024, Sierra Madre, 91024 - 6 bed, 2 bath
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Sierra Madre, California 91024
This property presents a High-Potential Investment Opportunity with a List Price of $1,550,000—positioned well below the $1,555,564 Fair Market Value by 0.36%. This valuation gap offers $5,564 in Instant Equity for buyers. With a Condition Rating of 5, the home requires a comprehensive renovation of its 2,550 sq ft interior. The expansive 11,020 sq ft lot provides significant upside for expansion or ADU development. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in a premium Sierra Madre neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 154 S Lima Street Subject | $1,550,000* List Price | 6 | 2 | 2,550 | $610 | - |
A 155 W Grandview Active Under Contract | $1,698,000 List Price | 4 | 3 | 2,463 | $689 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 74-year-old 'fixer' is on the market for the first time in over 50 years and retains original 1950s features like pink tile vanities. With dated flooring, aged windows, and a clear need for a total rehab of kitchens, baths, and likely all major systems, it fits the criteria for poor condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11020, living area = 2550.
Situated on a charming tree-lined street in the highly sought-after Sierra Madre community, offering close proximity to vibrant downtown dining, boutique shopping, and scenic hiking trails.
The expansive 11,020 square foot lot provides significant outdoor space and ample opportunity for landscaping, expansion, or the addition of an accessory dwelling unit (ADU).
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2550, other record living area = 2157. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 3.
Explicitly listed as a fixer property and sold in 'as-is' condition, the home will require a substantial capital investment for modernizing systems, finishes, and structural repairs.
With 6 bedrooms but only 2 bathrooms, the current floor plan lacks the functional convenience expected for a home of this size, likely requiring a costly reconfiguration of the interior layout.
First time on the market in over 50 years. Nestled on a charming tree-lined street in the highly desirable community of Sierra Madre, 154 South Lima Street presents an opportunity for buyers looking to update, renovate, or restore a property to their own preferences. This property offers 2,550 sq ft of living spaces; potential for owner-users, investors, or contractors seeking a project in a well-established neighborhood. Located just moments from Sierra Madre’s vibrant downtown, local dining, boutique shopping, parks, hiking trails, and award-winning schools, this exceptional property combines small-town charm with convenient access to everything the San Gabriel Valley has to offer. Buyer to independently verify all information including, but not limited to, square footage, lot size, permits, zoning, property condition, and title records through their own investigations and professional advisors. Property sold in its present “as-is” condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,550 | 1,709 |
| Lot Size | 11,020 | 6,554.5 |
| Price | $1.55M | $1.50M |
| Price per sq ft | $608 | $844 |
| Built year | 1950 | 1923 |
| HOA | $0 | $0 |
| Days on market | 35 | 54 |
Jun 17, 2026
$1,550,000
Initial Listing