611 E Grandview, Sierra Madre, California 91024, Sierra Madre, 91024 - 2 bed, 1 bath
Loading property details...
Sierra Madre, California 91024
This property presents a High-Potential Investment Opportunity with a List Price of $750,000—positioned well above the $711,230 Fair Market Value by 5%. While the property requires significant rehabilitation, the expansive 9,929 sqft lot and oversized garage provide substantial Development Potential for an ADU or structural expansion. Given the Condition Rating of 5, this asset is strictly for those prepared for a total overhaul. This project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in Sierra Madre.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 611 E Grandview Subject | $750,000* List Price | 2 | 1 | 944 | $753 | - |
A 15 Vista Circle Circle Sold | $850,000 | 2 | 1 | 1,221 | $696 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1906 with no evidence of modern renovations; the interior is stripped of floor coverings, features severely dated kitchen and bath components, and the listing explicitly states it needs significant work and requires a cash buyer for a rehab project.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9929, living area = 944.
The expansive 9,929 sqft lot and oversized garage offer significant room for expansion or the addition of an ADU, providing excellent value-add opportunities in a desirable neighborhood.
Positioned as a high-upside project for builders or investors, this property allows for a complete custom redesign to capitalize on Sierra Madre's strong market demand.
The home requires substantial repairs and is sold in a condition that likely necessitates a cash buyer, as it may not qualify for traditional financing.
With only 944 square feet of living area and a 1906 build date, the current structure is quite small and likely features an outdated layout requiring a total overhaul.
This property offers a rare opportunity for investors, builders, or buyers seeking a project with strong upside potential. The home has 2 bedrooms and 1 bathroom. The lot features a long, spacious driveway and an oversized garage, providing ample parking and storage, as well as potential for future expansion. The property does need significant work and will likely require a cash buyer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 944 | 1,709 |
| Lot Size | 9,929 | 6,554.5 |
| Price | $750.0K | $1.50M |
| Price per sq ft | $794 | $844 |
| Built year | 1906 | 1923 |
| HOA | $0 | $0 |
| Days on market | 14 | 54 |
Jul 8, 2026
$750,000
Initial Listing