search LA homes
More Search Options
  1. Property Video (PT-374)
  2. Community Association (PT-239)

157 Esperanza AVE
SIERRA MADRE, CA 91024


Request a Showing

Property Remarks

157 Esperanza Ave is a value-add 13-unit, NON-rent-controlled apartment community in the highly desirable area of the City of Sierra Madre, California. It is located on a quiet residential street a block south of Sierra Madre Blvd. The property is surrounded by single family residential and condominiums complex. Because of its superb location a block away from Sierra Madre Downtown (Sierra Madre Blvd and Baldwin Ave), the property enjoys strong occupancy and high walk score of 80. It is also within walking distance from Sierra Madre City Hall, Police Department and located across the street from Sierra Madre Congregational Church. It offers an excellent demographics with an average household income of ±$150,050 within two-mile radius. The property is a two-story garden style apartment that was built in 1956 and has undergone some renovation in the recent years. It has a total of ±12,339 SF building area and situated on a large ±18,921 SF lot. It has a swimming pool that will be replaced with landscaped/barbeque area. The property offers an excellent unit mix with three (3) x 3-bed + 2-bath, six (6) x 2-bed + 2-bath, and four (4) x 1-bed + 1-bath units. Each unit is large (estimated average unit size is ±950 SF) and bright with an attractive layout.

Property Details

MLS#
AR18016096MR
Days on Market
30
Year Built
1956

Location

State
CA
County
Los Angeles
Area
Sierra Madre

Presented By:

Listing provided courtesy of Handoko Chen , GIG Real Estaate Inc.


Exterior

Lot Acreage
0
Paved
No
Waterfront
No


Interior

Laundry
Laundry Area
Other

Additional Property Details

Gross Operating Income
$256,778
Total Expense
$85,269
ADA Compliance
No

Community Features
Suburban
AC/Cooling
Wall/Window
Heating
Wall

Sierra Madre

Community Explorer

Results from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

The information being provided by SoCalMLS® and/or CARETS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to property referenced on this web site comes from the Internet Data Exchange (IDX) program of the SoCalMLS® and/or CARETS® MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or associate who owns the web site.

Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by SoCalMLS® and/or CARETS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Property information Copyright © 2018 SoCalMLS® Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by SoCalMLS Inc. ® Copyright © 2018 CARETS®. All Rights Reserved.

Property Picks