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140 138 W Sierra Madre Boulevard

Sierra Madre, CA 91024

– beds
– baths
– sqft
~1/2 acre lot
1953 build
– on site

140 W Sierra Madre Blvd. & 138 W Sierra Madre Blvd. a.k.a. 147 S Mariposa St., pride-of-ownership commercial retail and apartment in the highly desirable area of the City of Sierra Madre, California. It is in the heart of Sierra Madre downtown, right on Sierra Madre Blvd. The property is surrounded by local mom-and-pop restaurants and other local retail stores. It is several steps away from Sierra Madre Memorial Park, a historic landmark and an immensely popular park for Sierra Madre residents; it houses monuments, tennis courts, playground, covered picnic area, and weekly performances and activity centers. It offers excellent demographics with ±$202,678 of average household income within a mile radius. This strong market provides consistent full occupancy for the commercial and residential units of these properties. Because of its superb location in Sierra Madre Downtown (Sierra Madre Blvd and Baldwin Ave), the property enjoys strong occupancy and high walk score of 89. It is also several lots away from Sierra Madre City Hall, Police Department and other Sierra Madre civil services. 140 W Sierra Madre is a two-story retail/commercial building that has been fully upgraded. It has upgraded electrical, plumbing, roof, exterior paint, and exterior façade. All the units have been upgraded by each tenant providing superb synergies to the local community and providing consistent and stable tenancies for this property. This property consists of 7 tenants, 5 of them are on Net Lease structure while the remaining 2 are on Modified Gross structure. The property was built in 1953, has a total of ±9,169 SF building space and situated on ±10,066 SF CC zoned lot. It has a shared driveway with the 147 Mariposa Ave. Parking is in the back with 12 open spaces (11 + 1 disabled parking). 147 Mariposa Ave is a 5 units value-add two-story garden style apartment that was built in 1936 and has undergone major renovation in recent years. It has a total of ±4,853 SF building area and is situated on a large ±15,296 SF lot. The property has an updated electrical, plumbing, double pane windows throughout, and central HVAC units. The property offers an excellent unit mix with one (1) x 3-bed + 1-bath, three (3) x 2-bed + 1-bath, and one (1) x 1-bed + 1-bath units. The property has 7 separate electrical meters, and it may have a 6-unit before the previous owner combined 2 units into one and made it into a 5 units apartment. The property is not under any local rent control.

Listed By CRMLS_CA / Han Chen / Growth Investment Group Pasade / han.chen@growthinvestmentgroup.com

Last checked: Checking… • Last updated Jul 1, 2025 •

MLS# AR25146589 —

The Building

Year Built:

1953
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

14111.00
Building Area Units:

Square Feet
Total Number Of Units:

12
# of Buildings:

2
Architectural Style:

Mid Century Modern, Modern
Roof:

Asbestos Shingle, Flat
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
Faces:

North
# of Separate Gas Meters:

7
# of Separate Water Meters:

2
# of Separate Electric Meters:

13

Interior

Levels:

Two
Entry Location:

1
Door Features:

ENERGY STAR Qualified Doors
Window Features:

Double Pane Windows
Flooring:

Tile, Vinyl, Wood
Fireplace:

No
Fireplace:

None
Laundry:

Common Area, Community
Laundry:

1

Location

Directions:

Baldwin Ave - go north towards Sierra Madre Blvd, make left on Sierra Madre Blvd - buildings are on the left hand side before the city hall
Latitude:

34.16161000
Longitude:

-118.05570100

The Property

Property Type:

Residential Income
Subtype:

Commercial/Residential
Property Condition:

Updated/Remodeled
Zoning:

SRC1CC*
Lot Features:

Level with Street, Lot 20000-39999 Sqft, Rectangular Lot, Level, Near Public Transit
Lot Size Area:

25362.0000
Lot Size Acres:

0.5822
Lot Size SqFt:

25362.00
Lot Size Source:

Assessor
View:

1
View:

Mountain(s), Panoramic
Fencing:

Wrought Iron
Fence:

Yes
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

Yes
Additional Parcels Description:

5767024011
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

4305.02
Tax Lot:

3

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

5767024012

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer:

Public Sewer
Electric:

220 Volts, Standard
Water Source:

Public

Appliances

Appliances:

Gas Range, Range Hood, Refrigerator
Included:

Yes

The Community

Neighborhood:

DOWNTOWN SIERRA MADRE
Features:

Street Lights, Suburban, Valley
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Buyer to Verify

Parking

Parking:

Yes
Parking:

Assigned, Driveway, Asphalt
Parking Spaces:

18.00
Uncovered Spaces:

18.00

Extra Units

Number With Disposal:

6
Number With Refrigerator:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Frontier

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
6/30/25 Jun 30, 2025	Listed / Active	CRMLS_CA	$6,780,000

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This multifamily located in Sierra Madre, CA 91024 is currently for sale for $6,780,000. 140 138 W Sierra Madre Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 2 days. This multifamily is in the attendance area of Sierra Madre Elementary-Middle School.

Listing Courtesy of: CRMLS_CA and Growth Investment Group Pasade. Based on information from California Regional Multiple Listing Service, Inc. as of 00:03 on Jul 02.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.