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    Four-Unit Residential Income Property Title is generated by Realmo AI

    359 N Lima Street, Sierra Madre, CA 91024

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    Claim this Listing
    New
    For Sale
    $1,000,000

    Other - Sierra Madre, CA

    Type:Quadruplex
    Lot size:
    0.17 Acres
    Added:
    Jun 15, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 18 at 6:06 pm

    Property Features for 359 N Lima Street

    General Information

    Property type
    Other
    Property subtype
    Quadruplex
    Parking
    4
    Appliances
    Microwave, Oven - Gas, Range, Refrigerator
    Standard status
    Active
    APN
    5761018013
    Lot size
    0.17 Acres

    Building Details

    Year built
    1947
    Floors in Building
    1
    Architectural style
    Other

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    Listing Contact
    Sarah Moore
    Sarah Moore

    Listing agent Sarah Moore

    Listing office Engel & Völkers Pasadena 345 East Colorado Boulevard, Suite 130, Pasadena, CA

    Listing date Jun 15, 2026

    MLS# P1-27368 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Four residential units with a mix of 1 studio, two 1‑bedroom, and one 2‑bedroom unit
    • Year built: 1947
    • Property currently improved with four units and has been used as a duplex per Los Angeles County Assessor records
    • Zoned R‑1; City indicated existing improvements will require correction
    • Sold in its present AS‑IS condition; buyer to independently verify zoning, permits, and compliance requirements

    Overview

    This property is a four-unit residential income asset offered in its present as-is condition. The existing layout includes one studio unit, two one-bedroom units, and one two-bedroom unit, along with several additional bonus spaces that have historically been used by creative professionals. Buyers should review the actual improvements and configuration carefully as part of their due diligence.

    Los Angeles County Assessor records identify the property as a duplex, while the site is described as being zoned R-1. The City has indicated that the existing improvements will require correction. Prospective buyers are encouraged to investigate permitted uses, approvals, redevelopment options, and compliance requirements prior to closing.

    For investors and development-minded buyers, the property’s unit mix and existing bonus spaces may support adaptive reuse planning, subject to verification of zoning, permits, and any required approvals. The opportunity may be explored with a potential future configuration discussed in the City conversations, including a duplex and an ADU; however, all redevelopment concepts should be confirmed through the buyer’s independent investigation and the applicable regulatory process.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    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
    -118.06023
    Latitude
    34.168127

    FAQs

    What type of property is this?
    Quadplex - As-is quadplex with studio, one- and two-bedroom units, presented with R-1 zoning and a city notice regarding corrections needed.
    Where is this quadplex located?
    The property is located at 359 N Lima Street Sierra Madre, CA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: Four residential units with a mix of 1 studio, two 1‑bedroom, and one 2‑bedroom unit; Year built: 1947; Property currently improved with four units and has been used as a duplex per Los Angeles County Assessor records
    More about this property
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