
Sierra Madre, California 91024
Analysis of 225 N Lima, Sierra Madre, California 91024 is currently available with a list price of $3,200,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Sierra Madre Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
This historic 1888 Queen Anne Victorian is exceptionally well-maintained and move-in ready. While it retains its original architectural character, it features critical modern upgrades including updated plumbing, electrical systems, and newer HVAC. The property is currently functional as an income-producing estate with restored period details like claw-foot tubs and grand living spaces, placing it in the 'good' category as a well-preserved historic home with modernized major systems.
The property features eight individual bedroom suites with separate electric meters and qualifies for the Mills Act, providing significant property tax relief and steady rental income potential.
Designed by renowned architects Newsom & Newsom, this 1888 Queen Anne Victorian is a designated landmark boasting 10,000 sq. ft. of meticulously preserved period details and grand living spaces.
Despite its historic status, the estate has been thoughtfully updated with modern plumbing, electrical systems, and newer HVAC, reducing the immediate need for major system overhauls.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 10000, other record living area = 500. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 10, other record bedroom count = 2.
Owning a 130-year-old, 10,000 sq. ft. historic landmark involves substantial ongoing maintenance costs and specialized preservation efforts to maintain its integrity and value.
Managing multiple rental suites alongside a primary residence requires active landlord involvement and may present privacy challenges compared to a traditional single-family home.
Rare opportunity to own a historic estate with built-in income potential in Sierra Madre. The iconic Pinney House, a magnificent 1888 Queen Anne Victorian designed by renowned architects Samuel Newsom and Joseph Cather Newsom, offers approximately 10,000 sq. ft. of living space on a beautifully landscaped 0.47-acre lot. The property currently features eight individual bedroom suites, many with private amenities and separate electric meters, creating excellent income-producing potential. Some suites are currently rented while others are available, allowing the next owner to live on the property while generating rental income. A spacious 3,000 sq. ft. loft provides flexible living space ideal for an owner's residence, creative studio, or additional guest quarters. Rich in historic character, the home showcases grand porches, a conservatory, parlor, library, formal dining room, wide staircases, large windows, restored claw-foot tubs, and beautiful period architectural details throughout. Modern upgrades include updated plumbing, electrical systems, and newer HVAC. The landscaped grounds feature English gardens, ample parking, and scenic views of the nearby San Gabriel Mountains and city lights. Designated as a historic landmark and benefiting from the Mills Act tax relief program, the Pinney House offers a rare chance to own a piece of California history while enjoying potential income from multiple suites.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 10.0 | 3.0 | 98% |
| Baths | 11.0 | 3.0 | 98% |
| Square foot | 10,000 | 2,024 | 98% |
| Lot Size | 20,529 | 10,275 | 98% |
| Price | $3.20M | $1.56M | 98% |
| Price per sq ft | $320 | $784 | 2% |
| Built year | 1888 | 1948 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 147 | 2% |
Mar 14, 2026
$3,200,000
Initial Listing
Jun 3, 2021
$2,200,000
Public Record
Dec 1, 2014
$2,480,000
Public Record