2030 Sierra Leone Avenue, La Puente, California 91748, La Puente, 91748 - bed, bath
ACTIVE$2,750,000$8,864/sqft
2030 Sierra Leone Avenue, La Puente, California 91748
0Bed
0Bath
8,864Sqft
19,602Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multifamily Investment Opportunity: The property comprises 10 units (a 4-unit and a 6-unit building) on a single parcel, offering significant rental income potential and economies of scale for an investor.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19602, other record lot size in square feet = 12097. Living area discrepancy between mls listing and other public or private record. mls listing living area = 8864, other record living area = 5364.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1964 (62 years old).
Condition: The property was built in 1964, making it 60 years old. While the description notes updates to copper piping, roofing, water heaters, and parking, the property analysis explicitly states a 'weakness' regarding the 'Age of Property & Potential for Outdated Interiors,' suggesting units may require 'significant renovation' to attract modern tenants. The lack of individual unit HVAC is also a significant drawback in Southern California. Without interior images, and with the explicit mention of dated interiors needing substantial work, the overall condition of the living spaces likely falls into the 'poor' category, requiring substantial rehabilitation despite exterior maintenance.
Year Built
1964
Close
-
List price
$2.75M
Original List price
$2.75M
Price/Sqft
$310
HOA
-
Days on market
-
Sold On
-
MLS number
AR26010866
Home ConditionPoor
Features
ViewNeighborhood
About this home
2030 Sierra Leone Ave is a multifamily residential property located in the Rowland Heights/La Puente area of Los Angeles County, California. It is part of a larger complex often referenced together with 2040 Sierra Leone Ave, forming a two-parcel, 10-unit apartment community. The property consists of two adjacent two-story buildings — one with 4 units and the other with 6 units, totaling about 8,864 square feet of living space on approximately 0.45 acres of land. Each unit typically features 2 bedrooms and 1 bathroom, with a mix of wood or tile flooring and common laundry facilities. Originally built in the 1960s with some later additions in the early 1980s, the buildings have undergone various updates over the years, including improvements to copper piping, roofing, water heaters, and parking resurfacing. The property includes carport or open parking spaces and is located close to local amenities, shopping, schools, and major freeways, making it attractive for residential tenants.
D
Danni Shen
Listing Agent
Price History
Date
Event
Price
04/20/98
Sold
$550,000
05/27/22
Sold
$2,800,000
10/20/20
Sold
$2,700,000
Condition Rating
Poor
The property was built in 1964, making it 60 years old. While the description notes updates to copper piping, roofing, water heaters, and parking, the property analysis explicitly states a 'weakness' regarding the 'Age of Property & Potential for Outdated Interiors,' suggesting units may require 'significant renovation' to attract modern tenants. The lack of individual unit HVAC is also a significant drawback in Southern California. Without interior images, and with the explicit mention of dated interiors needing substantial work, the overall condition of the living spaces likely falls into the 'poor' category, requiring substantial rehabilitation despite exterior maintenance.
Pros & Cons
Pros
Multifamily Investment Opportunity: The property comprises 10 units (a 4-unit and a 6-unit building) on a single parcel, offering significant rental income potential and economies of scale for an investor.
Desirable Unit Mix: Each unit typically features 2 bedrooms and 1 bathroom, a highly sought-after configuration that appeals to a broad range of renters, including small families and roommates.
Recent Capital Improvements: The buildings have undergone various updates, including copper piping, roofing, water heaters, and parking resurfacing, indicating proactive maintenance and reducing immediate capital expenditure for a new owner.
Strategic Location: Situated in the Rowland Heights/La Puente area, the property benefits from proximity to local amenities, shopping, schools, and major freeways, enhancing tenant desirability and ensuring consistent demand.
On-site Amenities: The property includes common laundry facilities and dedicated carport or open parking spaces, providing essential conveniences that enhance tenant satisfaction and property appeal.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19602, other record lot size in square feet = 12097. Living area discrepancy between mls listing and other public or private record. mls listing living area = 8864, other record living area = 5364.
Age of Property & Potential for Outdated Interiors: Built in 1964, the property's age suggests that while some systems have been updated, individual unit interiors may be dated, potentially requiring significant renovation to command top-tier rents and attract modern tenants.
Lack of Individual Unit HVAC: The description does not specify individual unit heating or air conditioning systems. In Southern California, the absence of modern HVAC could be a significant deterrent for prospective tenants and impact rental rates.
High Price Point & Limited Immediate Upside: With a current list price of $2.75 million, very close to its last sale price of $2.8 million in 2022, the property may offer limited immediate appreciation potential, requiring a long-term investment horizon and careful financial analysis for cash flow.