
Sierra Madre, California 91024
This Versatile Residential Income Triplex is listed at $1,550,000, positioned near its $1,511,009 Fair Market Value, reflecting the stability of the Sierra Madre market. The property features a Remodeled Front Residence with a Granite Kitchen, LVP Flooring, and Scenic Mountain Views, alongside a rear duplex for consistent rental income. Located in the Pasadena Unified School District near Old Town, the property maintains a Good Condition Rating with significant lifestyle appeal. This is a strategic opportunity for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 288 290 Mariposa Subject | $1,550,000* List Price | 4 | 3 | 2,269 | $666 | - |
A 78 E Highland Avenue Active | $1,898,000 List Price | 5 | 5 | 2,894 | $656 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The front single-family residence was extensively remodeled approximately 5 years ago, featuring a modern kitchen with granite countertops, newer appliances, LVP flooring, and an updated bathroom, placing it in excellent condition. The downstairs studio unit also appears recently updated and in good condition. However, the upstairs duplex unit's kitchen has a vintage style with wood-paneled walls and a vintage-style range, and its bathroom features dated purple and black tile, indicating it requires minor cosmetic updates. Overall, the property is move-in ready with significant recent updates to two of the three units, but the third unit's dated elements prevent an 'Excellent' rating for the entire property.
The property's triplex configuration (single-family residence plus a rear duplex) offers excellent income generation for investors or flexible owner-occupancy with rental income.
Situated in a highly sought-after area near Old Town Sierra Madre, enhancing property value and tenant appeal.
The main single-family residence underwent a comprehensive remodel approximately 5 years ago, including a new roof, updated kitchen, and modern finishes, reducing immediate capital expenditures for that unit.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2269, other record living area = 2201.
Built in 1924, the property's overall age suggests potential for older infrastructure and systems in the duplex units, which were not described as extensively remodeled as the front unit.
The 3-bedroom single-family home has only one bathroom, which may be a functional limitation for larger families or multiple occupants.
Excellent opportunity to own a single-family residence with a rear duplex in a desirable Sierra Madre location near Old Town. The front unit is a detached single-family home featuring 3 bedrooms and 1 bathroom, completely gutted and remodeled approximately 5 years ago. It offers a living room with a wood-burning fireplace, a formal dining room, and an updated kitchen with granite countertops, soft-close cabinets, and newer appliances. Additional features include LVP flooring throughout, dual-pane windows, recessed lighting, a dedicated laundry room, a basement providing extra storage or flexible use space, and its own private backyard. A new composition roof was also installed on the front house around 5 years ago. The rear duplex includes two units and two one-car attached garage: one garage space is allocated for the single-family home, and the other is dedicated to the one-bedroom, one bath unit. Both units also enjoy a side yard and a backyard. Upstairs: A one-bedroom, one-bath unit with a warm, inviting kitchen featuring wood-paneled walls, open shelving, and ample cabinetry. The kitchen includes a vintage-style range, generous counter space, and a breakfast bar that opens to the living area, creating a comfortable and functional layout. Downstairs: A studio unit with a kitchen, eating area, walk-in closet, and ¾ bathroom. This versatile property offers flexibility for owner-occupants or investors seeking a well-located income opportunity in Sierra Madre.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1924 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jan 27, 2026
$1,550,000
Initial Listing