Two-Story Garden-Style Apartment
For Sale
Contact for pricing
157 Esperanza Ave, Sierra Madre, CA 91024
Value-add 13-unit, non-rent-controlled garden-style property with separate utilities and on-site parking and laundry.
Property SizeContact for details
Days on Market121
Property Features for 157 Esperanza Ave
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
Growth Investment Group
(626) 224-2495
Listed By:
Handoko Chen · License #CA 01749321
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 7:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Growth Investment Group
Investment Insights
Based on property information with market context.
This value-add 13-unit, non-rent-controlled apartment community is a two-story garden-style property built in 1956, with renovations completed in recent years. The unit mix includes three 3-bedroom/2-bath units, six 2-bedroom/2-bath units, and four 1-bedroom/1-bath units. The building features double-pane windows throughout, and four units have been partially upgraded, including laminate wood flooring and updated kitchen and bathroom finishes. A shared laundry room is located near the parking area.
The property is on a quiet residential street one block south of Sierra Madre Blvd, surrounded by single-family residences and condominiums. It is walkable to Sierra Madre Downtown and is within walking distance of Sierra Madre City Hall and the Police Department, and it is across from Sierra Madre Congregational Church.
Site amenities include a swimming pool that is slated to be replaced with landscaped and barbeque/seating area, with plans already submitted by the seller. There are 20 parking spaces in the back of the property, consisting of 13-carport spaces and 7-open spaces. Each unit is separately metered for electricity and gas.
The property is on a quiet residential street one block south of Sierra Madre Blvd, surrounded by single-family residences and condominiums. It is walkable to Sierra Madre Downtown and is within walking distance of Sierra Madre City Hall and the Police Department, and it is across from Sierra Madre Congregational Church.
Site amenities include a swimming pool that is slated to be replaced with landscaped and barbeque/seating area, with plans already submitted by the seller. There are 20 parking spaces in the back of the property, consisting of 13-carport spaces and 7-open spaces. Each unit is separately metered for electricity and gas.
Key Highlights
- Value‑add 13‑unit, non‑rent‑controlled garden‑style apartment community in Sierra Madre, CA
- Built in 1956; two‑story with 12,339 SF building area on an 18,921 SF lot
- Unit mix includes three 3‑bed/2‑bath, six 2‑bed/2‑bath, and four 1‑bed/1‑bath units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
931
Businesses Nearby
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Business Placement
Demographics for 91024, CA
11,268
Population
5,113
Households
2.2
Avg Household Size
48
Median Age
65%
College-Educated
98%
High-School Grad
3.5 sq mi
ZIP Area
3,219
Density / Sq Mi
$141,094
Median Household Income
$83,231
Median Earnings
$2,086
Median Rent
$1,172,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Value-add 13-unit, non-rent-controlled garden-style property with separate utilities and on-site parking and laundry.
Where is this apartment building located?
The property is located at 157 Esperanza Ave Sierra Madre, CA.
What are key features of this property?
This property features: Value‑add 13‑unit, non‑rent‑controlled garden‑style apartment community in Sierra Madre, CA; Built in 1956; two‑story with 12,339 SF building area on an 18,921 SF lot; Unit mix includes three 3‑bed/2‑bath, six 2‑bed/2‑bath, and four 1‑bed/1‑bath units
