700 W Highland Avenue, Sierra Madre, California 91024, Sierra Madre, 91024 - 4 bed, 3 bath
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Sierra Madre, California 91024
This Split-Level Residential Asset represents a Strong Value Opportunity, listed at $1,398,888—positioned well below the $1,512,432 Fair Market Value by 7%. This valuation gap provides $113,544 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home requires modernization, yet its 8,017sf lot, deck, and patio offer significant potential. Located in a top-tier school district, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking to build long-term equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 W Highland Avenue Subject | $1,299,000* List Price | 4 | 3 | 2,410 | $580 | - |
A 154 S Lima Street Active | $1,550,000 List Price | 6 | 2 | 2,550 | $608 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property features partial updates to the kitchen and bathrooms that appear to be 15-25 years old, placing it in the 'dated' category. While functional and well-maintained, the presence of popcorn ceilings, older carpeting, and the listing's own description as a 'canvas for your vision' to 'modernize' confirms it needs cosmetic and system updates to meet modern standards.
Situated in a highly sought-after Sierra Madre neighborhood served by top-rated schools, offering excellent long-term value and lifestyle appeal.
The property features a spacious 2,410 sqft interior on a large 8,017 sqft usable lot, providing ample room for families and outdoor activities.
With its split-level design, solid bones, and timeless details, the home serves as an ideal canvas for a custom modernization or value-add renovation.
The home is presented as a 'refresh' opportunity, suggesting that significant cosmetic or structural updates may be needed to meet contemporary standards.
Despite its location in the foothills, the property is noted as having no views, which may be a drawback for buyers seeking the area's typical mountain or city vistas.
Nestled in one of the area's most sought-after neighborhoods and served by highly regarded schools, this split level character-filled 4-bedroom, 3-bath 2,410sf home offers a rare opportunity to create something truly special. Brimming with warmth, charm, and timeless architectural details, the home features generous living spaces, a flexible floor plan, and plenty of natural light throughout. Its solid bones and distinctive character provide the perfect canvas for your vision. Whether you're looking to modernize, refresh, or simply enhance its existing charm, the possibilities are endless. Well appointed with a large usable lot spanning over 8,000sf. Set on a lovely street surrounded by well-maintained homes, mature landscaping, and a strong sense of community, this is a chance to invest in location, lifestyle, and long-term value. Bring your creativity and unlock the full potential of this exceptional home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,410 | 1,709 |
| Lot Size | 8,017 | 6,554.5 |
| Price | $1.30M | $1.50M |
| Price per sq ft | $539 | $844 |
| Built year | 1964 | 1923 |
| HOA | $0 | $0 |
| Days on market | 41 | 54 |
Jul 15, 2026
$1,299,000
$1,398,888
-7% Price Drop
Initial Listing
Jun 11, 2026
$1,398,888
Initial Listing