359 N Lima Street, Sierra Madre, CA 91024

Sierra Madre
Local realty services provided by:ERA Donahoe Realty
359 N Lima Street,Sierra Madre, CA 91024
$1,000,000
  • 2 Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: sarah moore
Office: engel & voelkers pasadena
MLS#:P1-27368
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,000,000

About this home

Investor and developer opportunity in the highly desirable city of Sierra Madre. This unique property is currently improved with four residential units generating substantial rental income; however, buyers should be aware that the property is zoned R-1 and Los Angeles County Assessor records identify the property as a duplex. The City has indicated that the existing improvements will require correction, and buyers are encouraged to conduct their own investigation regarding permitted uses, approvals, redevelopment options, and compliance requirements.Based on discussions with the City, future use may include a duplex and an ADU, creating an exciting opportunity for investors, builders, and developers to reimagine the property and maximize its potential. The existing improvements include a studio unit, two one-bedroom units, a two-bedroom unit, and several bonus spaces that have historically attracted artists, writers, and creative professionals. The property has a long history of...

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Home facts

  • Listing ID #:P1-27368
  • Added:20 day(s) ago
  • Updated:June 19, 2026 at 02:13 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:5

Structure and exterior

  • Levels:1 Story

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,000,000
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