87 Auburn, Sierra Madre, California 91024, Sierra Madre, 91024 - 0 bed, 0 bath
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Sierra Madre, California 91024
This Triplex Income Property represents a strategic Value-Add Asset in a prime North Sierra Madre location within the Pasadena Unified School District. Listed at $1,350,000, the property is priced competitively near its $1,323,380 Fair Market Value, reflecting market stability for multi-unit residential. With a Condition Rating of 4, this 1906-built property offers three occupied units with significant upside potential through below-market rents. Despite public record discrepancies regarding square footage, the Residential Income status provides a stable foundation for Buy-and-Hold Investors or Value-Add Specialists seeking long-term appreciation and ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 87 Auburn Subject | $1,350,000* List Price | 0 | 0 | 2,008 | $659 | - |
A 288 290 Mariposa Active | $1,550,000 List Price | 4 | 3 | 2,269 | $683 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1906, this triplex is a century-old property that appears functional and occupied but shows clear signs of age. The 'drive-by only' restriction and lack of interior photos typically indicate outdated kitchens, bathrooms, and major systems that have not undergone recent professional renovation. While the exterior structures are intact, the property likely requires minor to moderate updates to meet modern standards.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =13759, other record lot size in square feet = 8961. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2008, other record living area = 1394.
Tucked away on a flag lot in a prime North Sierra Madre location, this unique three-unit income property offers immediate cash flow with upside potential. The property includes 87 Auburn (2 bed/1 bath front house), 89 Auburn (1 bed/1 bath upstairs unit above garage), and 91 Auburn (1 bed/1 bath separate rear unit on second parcel). All units are occupied by long-term, reliable tenants with below-market rents, presenting a clear opportunity for future rent increases. Owner will not vacate tenants. Drive-by only, with interior inspections subject to accepted offers. Please do not enter the property or disturb tenants. A solid investment in one of Sierra Madre’s most desirable neighborhoods.
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 | 1906 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 17, 2026
$1,350,000
$1,600,000
-16% Price Drop
Initial Listing
Jan 23, 2026
$1,600,000
Initial Listing