Sierra Madre, CA 91024,140 152 W Sierra Madre BLVD
Sierra Madre, CA 91024,140 152 W Sierra Madre BLVD
Sierra Madre, CA 91024,140 152 W Sierra Madre BLVD
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$6,480,000
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0.58 Acres Lot
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140 152 W Sierra Madre BLVD Sierra Madre, CA 91024

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Frank Sottile

Frank Sottile

+1(760) 952-0019

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR25197554

HOA Y/N No

Year Built 1953

Annual Tax Amount $72,446

Tax Year 2025

Lot Size 0.582 Acres

Property Sub-Type Mixed Use

Property Description

140-152 W Sierra Madre Blvd. (commercial retail) & 138 W Sierra Madre Blvd. a.k.a. 147 S Mariposa St. (apartment), 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.

140-152 W Sierra Madre Blvd is a two-story retail/commercial building that has been fully upgraded/rebuilt in 2009-2010. 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).

This commercial center is occupied by local retailers that have established business presence, strong roots in the Sierra Madre community, and each tenant has invested heavily in improving their units through modern tenant improvements. The first floor is occupied by a local coffee shop, massage therapist office, sandwich place, and other retailers. The 2nd floor is occupied by a group of psychiatrists with excellent space and private offices. Each private office has views of San Gabriel Mountains and sliding door that leads to semi-private rooftop deck area.

Location

State CA

County Los Angeles

Area 656 - Sierra Madre

Zoning CC

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Fence None

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Roof Type Asbestos Shingle,Flat

Present Use Commercial,Investment,Multi-Family,Residential,Single Family

Total Parking Spaces 18

Building

Lot Description Street Level

Story 2

Water Public

Others

Tax ID 5767024012

Security Features Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Detection System,Fire Sprinkler System,Smoke Detector(s),Security Lights

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Virtual Tour https://growthinvestmentgroup.com/listingdetail.aspx?pid=10486

CRMLS – RECore
Listed by Handoko Chen Growth Investment Group Pasade han.chen@growthinvestmentgroup.com

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Holly Avenue Elementary School

    Public | KG - 5

  • 9

    Carver Elementary School

    Public | KG - 5

  • 9

    Sierra Madre Elementary School

    Public | PK - 5

  • 9

    Baldwin Stocker Elementary School

    Public | KG - 5

  • 9

    Highland Oaks Elementary School

    Public | KG - 5

  • 9

    Camino Grove Elementary School

    Public | KG - 5

  • 8

    Wilson Elementary School

    Public | KG - 5

  • 8

    Emperor Elementary School

    Public | KG - 6

  • 8

    Field (Eugene) Elementary School

    Public | KG - 5

  • 7

    Hugo Reid Elementary School

    Public | KG - 5

  • 6

    Don Benito Fundamental School

    Public | PK - 5

  • 5

    Norma Coombs Elementary School

    Public | KG - 5

  • 5

    Willard Elementary School

    Public | PK - 5

  • 4

    Rancho Learning Center (Alternative)

    Public | 1 - 12

  • 2

    Opportunities for Learning - Baldwin Park

    Public | KG - 12

  • 1

    Cis Academy

    Public | KG - 12

  • 0

    San Marino Montessori

    Private | PK - 6

  • 0

    Frostig School

    Private | 1 - 12

  • 0

    Weizmann Day School

    Private | KG - 8

  • 0

    Assumption of the Blessed Virgin Mary Elementary School

    Private | KG - 8

Middle Schools 10
  • 10

    Foothills Middle School

    Public | 6 - 8

  • 9

    Oak Avenue Intermediate

    Public | 7 - 8

  • 9

    Richard Henry Dana Middle School

    Public | 6 - 8

  • 9

    First Avenue Middle School

    Public | 6 - 8

  • 8

    Sierra Madre Middle School

    Public | 6 - 8

  • 4

    Wilson Middle School

    Public | 6 - 8

  • 1

    Opportunities for Learning - Baldwin Park II

    Public | 7 - 12

  • 1

    Opportunities for Learning - Santa Clarita

    Public | 7 - 12

  • 0

    Learning Works

    Public | 7 - 12

  • 0

    Rosemary School

    Private | 8 - 12

High Schools 11
  • 10

    San Marino High School

    Public | 9 - 12

  • 9

    Temple City High School

    Public | 9 - 12

  • 9

    Arcadia High School

    Public | 9 - 12

  • 7

    Monrovia High School

    Public | 9 - 12

  • 6

    Pasadena High School

    Public | 9 - 12

  • 0

    Agbu Vatche and Tamar Manoukian High School

    Private | 9 - 12

  • 0

    Agbu Vatche & Tamar Manoukian High School

    Private | 9 - 12

  • 0

    La Salle High School

    Private | 9 - 12

  • 0

    Alverno High School

    Private | 9 - 12

  • 0

    Arroyo Pacific Academy

    Private | 9 - 12

  • 0

    Arcadia College Preparatory

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Frank Sottile

Frank Sottile

Broker Associate | License ID: 00900300

+1(760) 952-0019

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