Pending

138 W Montecito

Sierra Madre, CA 91024

$1,150,000 $4,848/Mo

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Overview

Bed

Bath

1,404

Sqft

11,310

Sqft(Lot)

Description

Attention developers, and owner-users! Rare two on a lot opportunity in a prime Sierra Madre location, just one block from charming Old Town Sierra Madre shops, dining, and cafes. Situated on a large 11,310 sq. ft., R3 lot, this unique property features two separate homes with excellent potential to develop possibly 4 PUD units. The front house offers 2 bedrooms, 1 bathroom, and a spacious bonus room off the second bedroom that can easily serve as a 3rd bedroom, nursery, office, den, or flex space. The rear house is a private 1 bedroom, 1 bathroom unit complete with its own large fenced backyard, walk-in closet, wall A/C, and tankless water heater. Both units feature individual laundry rooms with washer and dryer hookups, providing added convenience for tenants or multi-generational living . Property is in need of TLC and presents a fantastic opportunity for buyers looking to renovate, update, and add value in a highly desirable Sierra Madre neighborhood. Large lot offers potential for expansion or future development. Conveniently located near parks, hiking trails, schools, and all that Sierra Madre has to offer. Great opportunity for investors, contractors, or owner-users seeking upside potential in a sought-after location!

Property Details

Property Type : Residential Income

Price : $1,150,000

AD Id : 79071688

MLS Id : AR26111278

Lot Size : 11,310 Sqft

Living Area Size : 1,404

Year Built : 1921

Garage : 2

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer
Interior Features

Roof: Composition,Rolled/Hot Mop Interior Features: Ceiling Fan(s),In-Law Floorplan,Tile Counters,All Bedrooms Down,Bedroom on Main Level,Walk-In Closet(s) Property Appliances: Disposal,Tankless Water Heater,Water Heater Fireplace: None Flooring: Vinyl,Wood
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Floor Furnace Has Heating

Fireplace

Fireplace Features: None Has Fireplace: 0

Building Information

Year Built: 1921 Building Area Total: 1,404 Roof: Composition,Rolled/Hot Mop
Foundation

Raised
Pool Features

None

Laundry Features

Washer Hookup,Gas Dryer Hookup,Inside,Laundry Room

Fencing

Wood

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2596
Lot Size Source: Builder Lot Size Square Feet: 11310

Listing Price Information

Original List Price: 1,150,000 Listing Contract Date: 2026-05-22
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5767022021

Garage and Parking

Garage Description: Driveway,Garage Faces Front,Garage,RV Access/Parking

Homeowners Association
Rental Info

Lease Term: Negotiable Tenant Pays: All Utilities

Other Property Info

Source Listing Status: Pending Source Neighborhood: 656 - Sierra Madre Directions: N/ Sierra madre Blvd; S/ W. Highland Ave; W/ Auburn Ave; E/ Hermosa Source Property Type: Residential Income Area: 656 - Sierra Madre Property SubType: Duplex
Building and Construction

Property Age: 105 Common Walls: No Common Walls Property Condition: Fixer Structure Type: Duplex Year Built Source: Public Records Entry Level: 1 Entry Location: ground Levels or Stories: One Building Total Stories: 1

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
126 E Highland, Sierra Madre, CA, 91024	$1,499,999	6	3	2,672	2,672 SqFt
78 E Highland Avenue, Sierra Madre, CA, 91024	$1,898,000	5	4	2,894	2,894 SqFt

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ByOwner last updated this listing 06/09/2026 @ 19:38

MLS: AR26111278 LISTED BY: Gary Lorenzini, Coldwell Banker Realty 626-445-5500 SOURCE: CRMLS