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    534 Brookside Lane

    Sierra Madre, CA 91024
    • $1,099,000
    • STATUS: Active
    • ON SITE: 69 days
    • ID#: P1-3556
    UPDATED: 25 min ago
    $1,099,000
    • 0
      BEDS
    • 0.04
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    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 5 units with 4 other units all leased out and remodeled with an estimated total building sq ft of 1,760. The largest unit will be ready for immediate lease or move-in upon close of escrow. 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, remodeled units A B C & E, soundproofing, and sewer main replacement all at a cost of $120,458.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T21:35:08.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.debonishomes.com/homes/114637468
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    534 Brookside Lane Sierra Madre, CA 91024

    • Price: $1,099,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: P1-3556
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.04
    Acres
    1922
    Built
    Neighborhood:
    Not Applicable
    County:
    Los Angeles
    Area:
    656 - Sierra Madre
    Property Description
    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 5 units with 4 other units all leased out and remodeled with an estimated total building sq ft of 1,760. The largest unit will be ready for immediate lease or move-in upon close of escrow. 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, remodeled units A B C & E, soundproofing, and sewer main replacement all at a cost of $120,458.
    Exterior Features

    Fencing None Lot Features Sprinklers None Number Of Separate Electric Meters 5 Parking Features None Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances Free-Standing RangeRefrigeratorDryerWasher Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Heating Space Heater Heating YN Yes

    Property Features

    Community Features Foothills Fuel Expense 0 Garage YN No Gross Income 42960 Gross Scheduled Income 42960 Inclusions All RefrigeratorsWashers And Dryers. Insurance Expense 1066 Land Lease YN No Laundry Features Common AreaSee Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Maintenance Expense 536 Net Operating Income 29238 New Taxes Expense 7200 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 13722 Other Expense 744 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Actual Rent 42960 Trash Expense 1524 Water Sewer Expense 2652

    Listing provided courtesy of Jeffrey Rimerman of Coldwell Banker Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T21:35:08.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The DeBonis Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    Riverside CA, 92508