Request Offering Memorandum

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NEW Fireplace
NEW Kitchen
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425 W Sierra Madre Boulevard

Sierra Madre, CA. 91024

WESTERN APARTMENTS

Non Rent Controlled

Call us! 626.204.3300

ABOUT THE ASSET

SUMMARY
PROPERTY DESCRIPTION

Western Apartments is a well-located, non-rent controlled property in the highly sought-after city of Sierra Madre. There are 3 buildings: one story in front containing 2 units, slab foundation and a slightly pitched, rolled, composition, shingled roof. There is a one-story house in the middle with a raised foundation and pitched, composition, shingled roof. The two-story building in the rear is 4 units with slab foundation and a slightly pitched, rolled composition, shingled roof. There are 9 total parking spaces: 2 car garage (for house); 4 detached carports and 3 open spaces. There is no laundry room.

PRICE
PRICE/UNIT
PRICE/SF
GRM
CAP
UNITS
YEAR BUILT
GROSS SF
LOT SF
APN
$2,350,000
$335,714
$406.79
14.01
4.66%
6 + SFR
1940 (SFR) / 1960 (Units)
5,777
14,220
5768-017-006

 (6) – 2 BED / 1 BATH

(1) 3 BED / 1.75 BATH SFR

© 2016 Bridge Investment Group of KW Commercial

251 S. Lake Avenue, Suite 320

Pasadena, CA 91101

DRE #01444805