288 290 Mariposa Avenue Sierra Madre, CA $ 1,550,000
288 290 Mariposa Avenue
$ 1,550,000
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288 290 Mariposa Avenue

Sierra Madre, CA, 91024
$ 1,550,000
Baths1.0 Sq 2,269

Monthly Estimate*

$ 9,544

Listed by Coldwell Banker Realty
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Studio

Multi-Family Home for sale in Sierra Madre, CA

for $1,550,000 with 1 full bath. This 2,269 square foot home was built in 1924 on a lot size of 0.2183.

Excellent opportunity to own a single-family residence with a rear duplex in a desirable Sierra Madre location near Old Town. The front unit is a detached single-family home featuring 3 bedrooms and 1 bathroom, completely gutted and remodeled approximately 5 years ago. It offers a living room with a wood-burning fireplace, a formal dining room, and an updated kitchen with granite countertops, soft-close cabinets, and newer appliances. Additional features include LVP flooring throughout, dual-pane windows, recessed lighting, a dedicated laundry room, a basement providing extra storage or flexible use space, and its own private backyard. A new composition roof was also installed on the front house around 5 years ago. The rear duplex includes two units and two one-car attached garage: one garage space is allocated for the single-family home, and the other is dedicated to the one-bedroom, one bath unit. Both units also enjoy a side yard and a backyard. Upstairs: A one-bedroom, one-bath unit with a warm, inviting kitchen featuring wood-paneled walls, open shelving, and ample cabinetry. The kitchen includes a vintage-style range, generous counter space, and a breakfast bar that opens to the living area, creating a comfortable and functional layout. Downstairs: A studio unit with a kitchen, eating area, walk-in closet, and ¾ bathroom. This versatile property offers flexibility for owner-occupants or investors seeking a well-located income opportunity in Sierra Madre.

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Multi-Family Active

Price

$ 1,550,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2183

Year Built

1924

Town/City

Sierra Madre

County/Region

Los Angeles

MLS | Web ID

AR26017982

Days on Market

5

Features
General
Sewer Public Sewer
Heating Central Wall Furnace
Cooling Central Air Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Roof Composition Other
Appliances Dishwasher Disposal Gas Range Gas Water Heater Range Hood Water Heater
HOA Fee 0
Garage Spaces 2
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Stucco
Year Built 1924
Tenant Pays See Remarks
View Mountain(s)
Stories Count 1
Levels One Two
Property Subtype Triplex
Gross Income 63300
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 6049
Operating Expense 57251
Insurance Expense 2358
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 1200
Garage Y/N true
Other Structures Shed(s)
Special Listing Conditions Standard
Status Active
Directions N/ Ramona; S/Sierra Madre Blvd; E/ Lima St; W/ Hermosa Ave
City Sierra Madre
Entry Location ground
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 3
MLS Area 656 - Sierra Madre
Lot Size Units Square Feet
Lot Size Square Feet 9507
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 2049
Fuel Expense 1125
Trash Expense 1553
Water Sewer Expense 2264
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 37
Total Actual Rent 48900
Property Sub Type Additional Triplex
Taxes 19375
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Interior
Interior Amenities Built-in Features Ceiling Fan(s) Granite Counters Pantry Stone Counters Recessed Lighting Bedroom on Main Level
Flooring See Remarks
Fireplace Features Living Room Wood Burning
Total Stories 1
Common Walls 1 Common Wall
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N true
Laundry Features Washer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Exterior Amenities Lighting
Fencing Chain Link Wood
Parking Features Door-Single Driveway Garage Faces Front Garage On Street
Lot Features 2-5 Units/Acre Back Yard Front Yard Lawn Landscaped Rectangular Lot Yard
Water Source Public
Total Parking 4
Lot Size Area 9507
Foundation Details Raised Slab
Number of Buildings 2
Spa false
Building Area Total 2269
Lot Size Acres 0.2183
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Road Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker Realty

Broker

Garylorenzini@gmail.com

Email

Affordability Calculator

$9,544
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Monthly Principal & Interest
$9,544
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/27/2026$1,550,000 Listed Price

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288 290 Mariposa Avenue, Sierra Madre, CA, 91024 is a Multi-Family Home for sale at $1,550,000 with 2,269 sqft and a lot size of 0.2183. 288 290 Mariposa Avenue is a studio with 1.0 baths and was built in 1924. The property's zip code is 91024 which is in Sierra Madre, CA