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359 Lima Street, 
Sierra Madre, CA 91024

$1,000,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Sarah Moore

Engel & Voelkers Pasadena

Last updated:

June 6, 2026, 04:35 PM

MLS#

P1-27368

Source:

CAREIL

About This Home

359 Lima Street

Exceptional investment opportunity in the heart of Sierra Madre! This charming four-unit property, built in 1947, has been meticulously maintained and offers a unique blend of character, versatility, and strong income potential. The property consists of four thoughtfully designed units. Unit A is a studio with one bath, while Unit B features one bedroom, one bath, and an additional bonus space ideal for a home office, art studio, writing retreat, or creative workspace. Units C and D are attached and offer similar flexibility, with Unit C featuring two bedrooms plus bonus space and Unit D offering one bedroom plus bonus space. Units B, C, and D each enjoy private outdoor patios, creating desirable indoor-outdoor living environments for tenants.Long cherished by the current owner as a haven for artists, writers, and creative professionals, the property's bonus spaces provide opportunities for residents to pursue painting, writing, remote work, or other creative endeavors. This unique feature has contributed to the property's strong tenant appeal and consistently high occupancy. An outstanding income-producing asset, the property generates substantial rental revenue and has historically experienced very few vacancies. The seller reports that units have been easy to rent, reflecting

Home Facts

Multi-Family

Built in 1947

Price Summary

1,000,000

MLS #:

P1-27368

Last Updated:

June 6, 2026, 04:35 PM

Added:

8 day(s) ago


Structure

Structure

Year Built:

1947


Lot

Lot Size (Sq. Ft):

7,572


Finances & Disclosures

Finances

Price:

$1,000,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.