138 W Montecito, Sierra Madre, CA 91024

$1,200,000

$1,150,000

4.3%
Est.Price: ?

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Est. payment /mo

0.26 Acres Lot


SOLD DATE : 06/09/2026

Key Details

Sold Price $1,200,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR26111278

Sold Date 06/09/26

Construction Status Fixer

HOA Y/N No

Year Built 1921

Lot Size 0.260 Acres

Property Sub-Type Duplex

Property Description

Attention developers, and owner-users! Rare two on a lot opportunity in a prime Sierra Madre location, just one block from charming Old Town Sierra Madre shops, dining, and cafes. Situated on a large 11,310 sq. ft., R3 lot, this unique property features two separate homes with excellent potential to develop possibly 4 PUD units. The front house offers 2 bedrooms, 1 bathroom, and a spacious bonus room off the second bedroom that can easily serve as a 3rd bedroom, nursery, office, den, or flex space. The rear house is a private 1 bedroom, 1 bathroom unit complete with its own large fenced backyard, walk-in closet, wall A/C, and tankless water heater. Both units feature individual laundry rooms with washer and dryer hookups, providing added convenience for tenants or multi-generational living. Property is in need of TLC and presents a fantastic opportunity for buyers looking to renovate, update, and add value in a highly desirable Sierra Madre neighborhood. Large lot offers potential for expansion or future development. Conveniently located near parks, hiking trails, schools, and all that Sierra Madre has to offer. Great opportunity for investors, contractors, or owner-users seeking upside potential in a sought-after location!

Location

State CA

County Los Angeles

Area 656 - Sierra Madre

Rooms

Other Rooms Two On A Lot

Interior

Interior Features Ceiling Fan(s), In-Law Floorplan, Tile Counters, All Bedrooms Down, Bedroom on Main Level, Walk-In Closet(s)

Heating Floor Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl, Wood

Fireplaces Type None

Fireplace No

Appliance Disposal, Tankless Water Heater, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Exterior

Parking Features Driveway, Garage Faces Front, Garage, RV Access/Parking

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Curbs, Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition,Rolled/Hot Mop

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Rectangular Lot, Street Level, Value In Land, Yard

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

Additional Building Two On A Lot

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 5767022021

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Cash

Special Listing Condition Standard

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Listed by Gary Lorenzini Coldwell Banker Realty 626-688-1698, DRE #00552465
Bought with Shuyuan Chen Wetrust Realty

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