
Sierra Madre, California 91024
This 1908 Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,395,000—positioned above the $1,266,960 Fair Market Value. While the property requires modernization, it features a Condition Rating of 4 with recent critical upgrades including a newer roof, foundation, and HVAC. The 7,510 sq. ft. lot and 200 sq. ft. detached studio offer significant value-add potential for creative renovation. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to personalize a historic home in a prime, walkable Sierra Madre location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 187 Adams Subject | $1,395,000* List Price | 3 | 2 | 1,316 | $963 | - |
A 442 Crestvale Drive Sold | $1,560,000 | 3 | 2 | 1,442 | $1,082 | 0.4 mi |
B 661 W Alegria Avenue Sold | $1,155,000 | 2 | 1 | 1,056 | $1,094 | 0.5 mi |
C 320 Toyon Road Sold | $1,500,000 | 4 | 3 | 1,741 | $862 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1908 and held by the same family for over 75 years, the property is significantly dated and requires modernization of the kitchen and bathrooms to meet current standards. While the interior finishes and bonus spaces are aged, the rating is bolstered by critical 'newer' system upgrades including the roof, HVAC, water heater, and foundation work, making it a functional home that needs cosmetic and minor repair updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7510, living area = 1316.
Situated on a highly desirable street in Sierra Madre, the property offers exceptional walkability to downtown shops, restaurants, and community parks.
The home features essential recent improvements including a newer roof, foundation work, central HVAC, and a newer water heater, reducing immediate capital expenditure.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1316, other record living area = 1176. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Held by the same family for 75 years, the interior likely requires significant aesthetic modernization to meet current market preferences.
At 1,316 sq. ft. for a 3-bedroom home, the living areas may feel compact compared to modern residential standards at this price point.
Located on one of Sierra Madre’s highly desirable streets, 187 Adams St. offers timeless character, flexible living space, and a walkable location near downtown Sierra Madre. Enjoyed by the same family for over 75 years, this charming 3-bedroom, 2-bath home measures approximately 1,316 sq. ft. and presents a wonderful opportunity for the next owner to update the home and add their own personal touches. The home features warm wood floors, a bright and inviting living room with a decorative non-operating fireplace, and classic architectural details throughout. An enclosed front screen porch creates a welcoming entry, while the enclosed rear screen porch provides additional functional space for laundry, storage, hobbies, or everyday use. Recent improvements include newer central air and heat, a newer water heater, newer foundation work, and a newer roof. At the rear of the garage is an approximately 200 sq. ft. studio/bonus room with its own entrance. A portion of the garage has been incorporated into this space, creating a flexible area ideal for a home office, creative studio, gym, guest space, or additional storage. With its charming curb appeal, usable floor plan, bonus space, and prime location close to downtown Sierra Madre’s shops, restaurants, parks, and community amenities, this home offers a rare chance to reimagine a long-loved Sierra Madre residence and make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,316 | 2,166 | 20% |
| Lot Size | 7,510 | 10,064 | 31% |
| Price | $1.40M | $1.60M | 34% |
| Price per sq ft | $1.1K | $831 | 86% |
| Built year | 1908 | 1933 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 155 | 9% |
May 11, 2026
$1,395,000
Initial Listing