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    463 Mariposa Ave Sierra Madre, CA 91024

    For Sale
    $2,750,000

    Five-unit property in Sierra Madre near shops and restaurants.

    Lot size:
    0.35 Acres

    Property Features for 463 Mariposa Ave

    General Information

    Lot size
    0.35 Acres

    Building Details

    Year built
    1971

    Source: Keller Williams Sierra Madre Agent Selene Lum

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sierra Madre Multifamily Investment Opportunity

    This is a rare opportunity to acquire a 5-unit property in Sierra Madre, a unique small town nestled at the foot of Mt. Wilson in the San Gabriel Valley. The unit mix includes two large units with 3 bedrooms and 2 bathrooms, one of which is vacant and features a spacious private outdoor patio. The other units consist of two 2-bedroom, 1-bathroom apartments and a studio. The studio may be unpermitted, and the buyer should verify its status. This well-maintained complex is conveniently located near parks and downtown Sierra Madre, with its shops and restaurants. The property includes 4 carport spaces, a one-car garage, a laundry room, and a workshop. Both of the larger units have in-unit laundry. The property is convenient to the 210 freeway and close to highly rated public and private schools. The property sits on a 15,068 square foot lot, possibly allowing for expansion, and offers excellent income.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sierra Madre
    County
    Los Angeles
    State
    California
    Longitude
    -118.0623994
    Latitude
    34.1608745

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property in Sierra Madre near shops and restaurants.
    Where is this apartment building located?
    The property is located at 463 Mariposa Ave Sierra Madre, CA.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: - Rare 5-unit property in desirable Sierra Madre location; - Two large 3-bedroom, 2-bathroom owner's units (one vacant); - Spacious private outdoor patio included with one owner's unit
    (951) 304-1200
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    463 Mariposa Ave Sierra Madre, CA 91024
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