55 E Highland Avenue Sierra Madre, CA
$ 1,799,000
Property Attributes
  • MLS#AR20241301
  • TypeIncome
  • CitySierra Madre
  • AreaSierra Madre
  • Zip91024
  • StyleRanch
  • Price$ 1,799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3209
  • Lot Size12,476 SqFt
Listing Provided Courtesy Of:
Fred Ashkar with Re/Max Premier Prop Arcadia.
Property Description

Unique and Rare Multifamily Home in Sierra Madre! Listed for the first time in over 40 years, this highly desirable triplex is an ideal blend of investment potential and living possibilities. Pride of ownership is evident in each unit with exceptionally neat landscaping and meticulously maintained interiors. Driving up to the property, you immediately notice natural exterior paint tones, a brick paver driveway, and two distinct structures consisting of one duplex and one single-family unit. Perfect for on-the-go individuals, each 2BR/1BA unit in the duplex features a 1-car garage, modern conveniences, and daily comforts. Entering, you find honey-hued hardwood floors, neutral colors, and a large living and dining space. Each kitchen features ample cabinetry, gas range, and granite countertops. Both bedrooms are generously sized and share a full bathroom! The 3BR/2BA single-family home is located further back behind a gate. Explore to find an open floor plan, a living room w/fireplace, and a dining area w/herringbone patterned hardwood floors and French doors to an amazing patio and a detached 2-car garage. Remodeled for convenience, the eat-in kitchen has gorgeous wood cabinetry, gas range, built-in microwave, and granite countertops. The spacious master bedroom includes an en suite. Other features: laundry hookups in each unit, central A/C & heat, and more! With tons of potential for positive cash flow and monthly residuals, this triplex will not last. Schedule a tour today!

Price History
11/17/2020 Listed $1,799,000

General Features

Accessibility No Interior Steps
Appliances Dishwasher, Disposal, Gas Range, Range Hood, Water Line to Refrigerator
Architectural Style Ranch
Attached Structure Attached
Co-Listing Agent Last Name Ashkar
Co-Listing Agent Last Name John
Co-Listing Agent State License # 01807861
Co-listing Agent John Ashkar - BRE#01807861
Community Features Sidewalks
Construction Materials Frame, Stucco
Cooling Central Air, Electric
Directions N/Sierra Madre Blvd, E/Baldwin, S/Grandview Ave
Exterior Features Rain Gutters
Facing Direction North
Flooring Tile, Wood
Garage Spaces 4.00
HOA Fee 0.00
Heating Central, Forced Air, Natural Gas
Interior Features Built-in Features, Ceiling Fan(s), Ceramic Counters, Unfurnished
Levels One
Listagentaor Arcadia
Listing Agent Fred Ashkar - BRE#00925837
Listing Agent State License 00925837
MLS Area 656 - Sierra Madre
Number of Units Leased 3
Parking Features Assigned, Paved, Driveway Up Slope From Street, Garage Faces Front, Gated
Pool Features None
Price Per Square Foot 560.61
Property Attached Y/N Yes
Roof Composition
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Sewer Paid
Source System CRMLS
Spa Features None
Special Listing Conditions Standard
Total Units 3
View Mountain(s)
Zoning SRR3*

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area 870
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area 1470
3rd Bedroom Area Unit Type Square Feet
Air Conditioning Y/N Yes
Appliances Y/N Yes
Common Walls 1 Common Wall
Dishwasher Count 3
Fireplace Features None
Garbage Disposal Count 3
Heating Y/N Yes
Laundry Features In Kitchen, Inside
Laundry Y/N Yes
Range Count 3
Refrigerator Count 3
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 3209.00
Fence Y/N Yes
Fencing Block, Wood
Foundation Details Raised
Lot Dimensions 65x192
Lot Features Landscaped, Lot 10000-19999 Sqft, Rectangular Lot, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
Lot Size Acres 0.2864
Lot Size Area 12474.0000
Lot Size Source Assessor
Lot Size Square Feet 12474.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 3
Number of Separate Gas Meters 3
Number of Separate Water Meters 1
Parking Y/N Yes
Patio Count 3
Road Frontage Type City Street
Road Surface Type Maintained
Total Parking 4.00
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91024

AVG $1.8M
AVG 36
Year Built
AVG 1951
AVG 88
Data Provided by Walkscore ® not using MLS data

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