
Sierra Madre, California 91024
This Spacious Multi-Generational Property is a High-Potential Investment Opportunity, listed at $1,799,999—positioned well above the $1,489,429 Fair Market Value by -20%. While priced as a premium asset, the property features a Mint Condition Rating with a brand-new 1,200 sq. ft. ADU and a modern deck, offering immediate rental income potential. Located in the Pasadena Unified School District, this turnkey residence provides exceptional flexibility for families or investors. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-end, income-generating lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 78 E Highland Avenue Subject | $1,799,999* List Price | 5 | 5 | 2,909 | $512 | - |
A 620 Baldwin Court Sold | $2,050,000 | 4 | 5 | 3,076 | $666 | 0.5 mi |
B 155 W Grandview Sold | $1,698,000 | 4 | 3 | 2,463 | $689 | 0.4 mi |
C 281 San Gabriel Court Sold | $1,598,000 | 4 | 2 | 2,365 | $676 | 0.3 mi |
D 217 N Lima Sold | $1,830,000 | 4 | 3 | 3,230 | $567 | 0.5 mi |
E 108 E Grandview Avenue Active | $1,999,000 List Price | 5 | 5 | 2,563 | $780 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation and expansion, including a brand-new 1,200 sq. ft. ADU and a 540 sq. ft. addition to the main house. The interior features a modern open-concept kitchen with quartz countertops, updated bathrooms with contemporary tile and frameless glass, and luxury vinyl flooring throughout. All systems appear updated, including central HVAC in the ADU, placing the home in mint, move-in-ready condition.
RARE SIERRA MADRE OPPORTUNITY — SPACIOUS HOME + BRAND-NEW PERMITTED ADU! Welcome to 78 E. Highland Ave, a beautifully updated single-level property in the heart of sought-after Sierra Madre. Offering 5 bedrooms, 4½ bathrooms, and exceptional flexibility, this home is ideal for families, multi-generational living, or investors seeking additional income potential. The main residence features 3 bedrooms, 2½ bathrooms, and over 1,700 sq. ft. of living space, including a newly permitted 540 sq. ft. addition. The open-concept kitchen showcases custom cabinetry, quartz countertops, and stainless-steel appliances, flowing seamlessly into the inviting living room with a cozy fireplace. The spacious primary suite offers an updated en-suite bathroom, custom closet, and patio doors leading to a modern deck, perfect for enjoying the fresh Sierra Madre air. Beautiful wood shutters and luxury vinyl waterproof flooring complete the home. AND THEN THERE'S THE ADU! A brand-new, fully permitted 1,200 sq. ft. ADU features 2 bedrooms, 2 full bathrooms, a modern open-concept kitchen, living area, and central heating and air. This versatile space is perfect for extended family, guests, a private office, or exploring rental-income opportunities. For investors and potential short-term-rental buyers, the separate ADU offers exciting possibilities, subject to applicable city regulations and requirements. The rear garage, accessible with limited side access, provides additional potential as a studio, office, gym, or creative workspace. With a pre-plumbed bathroom, the space offers even more possibilities with your finishing touches. Parking is a major bonus, with a two-car driveway plus plenty of convenient street parking, making it easy to accommodate family, guests, or occupants of the additional living space. Located near Sierra Madre's charming downtown village, enjoy local shops, restaurants, cafés, and community attractions. Whether you're looking for a beautiful family home, a multi-generational property, or an investment with additional income potential, 78 E. Highland Ave offers space, flexibility, and opportunity in one of the area's most desirable communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 5.0 | 2.2 |
| Square foot | 2,909 | 1,711.353 |
| Lot Size | 9,687 | 8,133.647 |
| Price | $1.80M | $1.47M |
| Price per sq ft | $619 | $852 |
| Built year | 1947 | 1948 |
| HOA | $0 | $140 |
| Days on market | 6 | 49 |
Sep 3, 2026
$1,799,999
Initial Listing
Apr 14, 2021
$1,020,000
Public Record
Oct 31, 2007
$587,000
Public Record