70 Auburn Avenue

Sierra Madre, CA 91024

$2,228,000
Price
6
Beds
6
Baths
3,078 Sq. Ft.
$724 / Sq. Ft.
3,078
Sq. Ft.
$724
per Sq. Ft.

Description

Located in a highly desirable area, 70 Auburn stands out as a premier multi-family property offering significant investment potential. This property boasts two well-maintained units with stable, communicative tenants, ensuring consistent rental income from the get-go. The landlord’s meticulous attention to maintenance and tenant relations exemplifies the property’s excellent management. Nestled between these dwellings are charming courtyards adorned with citrus and lemon trees, providing a peaceful...Located in a highly desirable area, 70 Auburn stands out as a premier multi-family property offering significant investment potential. This property boasts two well-maintained units with stable, communicative tenants, ensuring consistent rental income from the get-go. The landlord’s meticulous attention to maintenance and tenant relations exemplifies the property’s excellent management. Nestled between these dwellings are charming courtyards adorned with citrus and lemon trees, providing a peaceful oasis for relaxation and outdoor enjoyment. The third unit presents a wealth of possibilities, either to be expanded or simply refined with minor touch-ups. An array of supplies for these enhancements is already provided by the current owner, further reducing initial costs for the new investor. Each unit benefits from a fully prepared laundry facility, adding to the convenience for residents and enhancing the property's appeal. Positioned for both residential and entrepreneurial uses thanks to its zoning with an entrepreneurial overlay, 70 Auburn offers numerous development opportunities. Whether looking to capitalize on the existing structure or to explore more extensive redevelopment options, this property caters to a broad spectrum of investment strategies. With its strategic location and versatile potential, 70 Auburn represents a rare opportunity to invest in a property that promises both immediate returns and long-term growth.
  1. Listed by WEI BEVERLY ZHANG • DRE #02101239 • Brokerage DRE #02185725 • RE/MAX Galaxy • 626-922-9910
  2. Listed by HECTOR MARQUEZ • DRE #01978541 • Brokerage DRE #02185725 • RE/MAX Galaxy

Property Details for 70 Auburn Avenue

View
Hills, Neighborhood
Parking Spaces Total
4
Private Pool
No
Cooling Type
Central Forced Air, Wall/Window
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3078

Location

Listing Courtesy of RE/MAX Galaxy, WEI BEVERLY ZHANG, DRE #02101239; RE/MAX Galaxy, HECTOR MARQUEZ, DRE #01978541
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LISTING UPDATED: 05/25/2024 12:01 PM

Property Details for 70 Auburn Avenue

StatusActive
MLS #WS24097882
Days on Market16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.24 AC / 10,536 SF
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX Galaxy, WEI BEVERLY ZHANG, DRE #02101239; RE/MAX Galaxy, HECTOR MARQUEZ, DRE #01978541
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Virtual Tour

Building Information for 70 Auburn Avenue

Stories2Residences-Year Built1940Building Size-Lot Size0.24 AC / 10,536 SF

Payment Calculator

$13,439 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,159

Property Taxes

$1,280

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 70 Auburn Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $4,800
Tax / Assessment Info
  • Tax Tract Number: 502...
  • Tax Census Tract: 4305.02
  • CFD/Mello-Roos Fee: $791
  • Tax Lot: 11
Community / Development
Community / Development
  • Accessibility Features: 2+ Access Exits
  • Disability Access: 2+ Access Exits
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Equipment: Garage
  • Interior Features: Balcony, Ceiling Fan(s)
  • Room Type: Attic, Family Room
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: Family Room, Living Room
  • Fireplace Rooms: Family Room, Living Room
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating Type: Central, Wall
  • Heating: Central, Wall Furnace
  • Flooring: Tile, Wood
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System
  • Exterior Features: Balcony, Rain Gutters
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wood
  • Fencing: Wood
  • Foundation Details: Raised
  • View Description: Hills
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Back Yard, Lot 10000-19999 Sqft
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Three Or More
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,225
  • Unit Type Total Rent: $3,225
  • Unit Type Pro Forma: 3225
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,935
  • Unit Type Total Rent: $1,935
  • Unit Type Pro Forma: 1935
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 3
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 4000
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2

Property History for 70 Auburn Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 70 Auburn Avenue

Taxable ValueLand$901,162Additions$383,868Total$1,285,030
Tax Record2023$15,366 ($1,280 / month)
Home Facts
Total Finished SqFt3,078 SqFtAbove Grade Finished SqFt3,078 SqFtLot Size10,533 SqFtStyleTriplexZoningSRR3CC*CountyLOS ANGELESAPN5767-020-026

Schools near 70 Auburn Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Sierra Madre Elementary School
PublicK to 5

Sierra Madre Middle School
Public6 to 8

Pasadena High School
Public9 to 12

Field (Eugene) Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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70 Auburn Avenue is a multi-family home for sale in Sierra Madre, CA 91024. This property was listed for sale on May 15, 2024 by RE/MAX Galaxy, it's currently listed at $2,228,000. This listing's school district is Pasadena Unified School District. Nearby schools include Sierra Madre Elementary School, Sierra Madre Middle School and Pasadena High School. 70 Auburn Avenue is a 6-bed, 6-bath, 3,078 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Galaxy, WEI BEVERLY ZHANG, DRE #02101239; RE/MAX Galaxy, HECTOR MARQUEZ, DRE #01978541

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.