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    534 Brookside Lane

    Sierra Madre, CA 91024
    • $1,099,000
    • STATUS: Active Under Contract
    • ON SITE: 109 days
    • ID#: P1-3556
    Under Contract
    UPDATED: 16 min ago
    $1,099,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,414
      SQFT
    • $777
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    UNIT A JUST LEASTED FOR $1200, so imagine the potential to create more equity aside from the increasing market prices! Chance to own a part of history in this unique enclave of Sierra Madre. Located next to Mary's Market in the Sierra Madre Canyon area where you're surrounded by nature. The 'Kozy Korner' as it is warmly referred to by everyone features a large unit around 750 sq ft where one could live and rent out the other units. There are a total of 4 units with 3 other units all leased out and updated. The largest unit will be ready for immediate lease or move-in upon close of escrow. UNIT D IS THE LARGEST UNIT WITH A POSSIBLE RENT AROUND $1800/mo. The surrounding neighborhood offers a park-like atmosphere where one can enjoy all the outdoors have to offer and just minutes from trails. These units have always had lots of people trying to move in when there is a vacancy. Improvements to the Kozy Korner complex are as follows: New roof, plumbing work, electrical, updated units A B C & D, soundproofing, and sewer main replacement all at a cost of $120,458.

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    Based on information from CRISNet MLS as of 2021-06-19T10:55:51.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-19T10:55:51.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/114638308
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    534 Brookside Lane Sierra Madre, CA 91024

    • Price: $1,099,000
    • Status: Active Under Contract
    • Updated: 16 min ago
    • ID#: P1-3556
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    1,414
    SQFT
    $777
    $/SQFT
    1922
    Built
    Neighborhood:
    Not Applicable
    County:
    Los Angeles
    Area:
    656 - Sierra Madre
    Property Description
    UNIT A JUST LEASTED FOR $1200, so imagine the potential to create more equity aside from the increasing market prices! Chance to own a part of history in this unique enclave of Sierra Madre. Located next to Mary's Market in the Sierra Madre Canyon area where you're surrounded by nature. The 'Kozy Korner' as it is warmly referred to by everyone features a large unit around 750 sq ft where one could live and rent out the other units. There are a total of 4 units with 3 other units all leased out and updated. The largest unit will be ready for immediate lease or move-in upon close of escrow. UNIT D IS THE LARGEST UNIT WITH A POSSIBLE RENT AROUND $1800/mo. The surrounding neighborhood offers a park-like atmosphere where one can enjoy all the outdoors have to offer and just minutes from trails. These units have always had lots of people trying to move in when there is a vacancy. Improvements to the Kozy Korner complex are as follows: New roof, plumbing work, electrical, updated units A B C & D, soundproofing, and sewer main replacement all at a cost of $120,458.
    Exterior Features

    Fence YN No Fencing None Lot Features Sprinklers None Lot Size Area 1915.0000 Parking Features None Parking Total 0.00 Parking YN No View None View YN No

    Interior Features

    Appliances Free-Standing RangeRefrigerator Appliances YN Yes Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Heating Space Heater Heating YN Yes Laundry Features CommunityDryer IncludedSee RemarksWasher Included Laundry YN Yes

    Property Features

    Community Features Foothills Fuel Expense 0.00 Gross Income 35820.00 Gross Scheduled Income 35820.00 Inclusions All RefrigeratorsStovesWashers And Dryers. Insurance Expense 1066.00 Land Lease YN No Maintenance Expense 536.00 Net Operating Income 22098.00 New Taxes Expense 7200.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 13722.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN No Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Other Spa Features None Spa YN No Special Listing Conditions Standard Subdivision Name Other Not Applicable Total Expenses 13722.00 Trash Expense 1524.00 Water Sewer Expense 2652.00 Water Source Other

    Listing provided courtesy of Jeffrey Rimerman, CA DRE# , of Coldwell Banker Realty.


    Based on information from CRISNet MLS as of 2021-06-19T10:55:51.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2021-06-19T10:55:51.783. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    2999 Overland Ave., Suite 116
    Los Angeles CA, 90064