Description
140 w sierra madre blvd. & 138 w sierra madre blvd. a.k.a. 147 s mariposa st., pride-of-ownership commercial retail and apartment in the highly desirable area of the city of sierra madre, california. it is in the heart of sierra madre downtown, right on sierra madre blvd. the property is surrounded by local mom-and-pop restaurants and other local retail stores. it is several steps away from sierra madre memorial park, a historic landmark and an immensely popular park for sierra madre residents; it houses monuments, tennis courts, playground, covered picnic area, and weekly performances and activity centers. it offers excellent demographics with ±$202,678 of average household income within a mile radius. this strong market provides consistent full occupancy for the commercial and residential units of these properties. because of its superb location in sierra madre downtown (sierra madre blvd and baldwin ave), the property enjoys strong occupancy and high walk score of 89. it is also several lots away from sierra madre city hall, police department and other sierra madre civil services.
140 w sierra madre is a two-story retail/commercial building that has been fully upgraded. it has upgraded electrical, plumbing, roof, exterior paint, and exterior façade. all the units have been upgraded by each tenant providing superb synergies to the local community and providing consistent and stable tenancies for this property. this property consists of 7 tenants, 5 of them are on net lease structure while the remaining 2 are on modified gross structure. the property was built in 1953, has a total of ±9,169 sf building space and situated on ±10,066 sf cc zoned lot. it has a shared driveway with the 147 mariposa ave. parking is in the back with 12 open spaces (11 + 1 disabled parking).
147 mariposa ave is a 5 units value-add two-story garden style apartment that was built in 1936 and has undergone major renovation in recent years. it has a total of ±4,853 sf building area and is situated on a large ±15,296 sf lot. the property has an updated electrical, plumbing, double pane windows throughout, and central hvac units. the property offers an excellent unit mix with one (1) x 3-bed + 1-bath, three (3) x 2-bed + 1-bath, and one (1) x 1-bed + 1-bath units. the property has 7 separate electrical meters, and it may have a 6-unit before the previous owner combined 2 units into one and made it into a 5 units apartment. the property is not under any local rent control.
Property Type
Residential IncomeCounty
Los AngelesStyle
Mid-Century Modern,ModernAD ID
50309202
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Asbestos Shingle,Flat
- Windows: Double Pane Windows
- Property Appliances: Gas Range,Refrigerator,Range Hood
- Fireplace: None
- Flooring: Tile,Vinyl,Wood
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1953
- Building Area Total: 14,111
- Roof: Asbestos Shingle,Flat
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Wrought Iron
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.5822
- Lot Size Source: Assessor
- Lot Size Square Feet: 25362
-
Listing Information
Listing Price Information
- Original List Price: 6,780,000
- Listing Contract Date: 2025-06-30
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 5767024012
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Asphalt,Driveway
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas,HVAC Maintenance,Repairs,See Remarks
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 656 - Sierra Madre
- Postal Code Plus 4: 2435
- Directions: Baldwin Ave - go north towards Sierra Madre Blvd, make left on Sierra Madre Blvd - buildings are on the left hand side before the city hall
- Zoning: SRC1CC*
- Source Property Type: Residential Income
- Area: 656 - Sierra Madre
- Property SubType: Mixed Use
Building and Construction
- Property Age: 72
- Common Walls: 2+ Common Walls
- Property Condition: Updated/Remodeled
- Structure Type: Mixed Use
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 07/03/2025 @ 09:03
- MLS: AR25146589
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 14,111 sqft, 25,362 sized lot, and 0 parking. are nearby neighborhoods.