Property Type:Single Family Residence
On Site:182 Days
Lot Size:0.47 Acres
Pinney house is a three story Queen Anne Victorian historic landmark, designed by renowned Victorian architects "Newsom Brothers", one of the only few authentic Victorian historic architectures in California, the family also designed public buildings:Berkeley City Hall and the Napa Valley Opera House.Pinney receives Mills Act Tax Relief, currently tax is $20233.7 based on Mills act appraised value and estimated market value is $3,754,000 in 2019. For lease w/positive cash cow.For move shoots, event creator etc, many ways to make extra incomes! Over the years, Pinney has been visited by notable guests,Robert Todd Lincoln (Abraham Lincoln's 1st son).With the city's developing and economic changes, Pinney has worked as a hotel, a sanatorium for Hollywood celebrities,now an apartment and Currently, an apartment/income property with 8 bedroom Suites and a Loft included 2 rooms w/ 10.5 baths for income property,10 separately electric meters.It also has soaring ceilings w/classic features, re-plumbed, re-wired, HVAC systems, structural support, foundation, also restored w/a grand front porch, Conservatory, Parlor, Library, Formal Dining, remodeled (4)Kitchens. City of Sierra Madre stated there is a chance to get a Conditional Use Permit to operate the property as a "Bed and Breakfast" (B&B hotel) for another passive income purpose in future. The current owners also have given it a loving "makeover" and ready to turn over the ownership of this treasure to someone new.
$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.
Address:225 N Lima Street Sierra Madre, CA 91024
Area:(656) Sierra Madre
School System:Pasadena Unified
Stories:Three Or More
Total Units: 10
Parking: Garage Faces Rear
Garage Spaces: 7
Features / Amenities
Total Sq. Ft.:10000
Eating Areas: Dining Room
Interior: 2 Staircases, Balcony, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Living Room Balcony, Pantry, Partially Furnished, Storage
Bathroom Features: Bathtub, Shower, Shower in Tub, Double sinks in bath(s), Double Sinks In Master Bath, Exhaust fan(s)
Rooms: Basement, Center Hall, Entry, Family Room, Kitchen, Laundry, Library, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Separate Family Room, Utility Room
Laundry: Individual Room
Common Walls: No Common Walls
Parking Total: 7
Appliances: Barbecue, Dishwasher, Disposal, Gas Water Heater
Fireplace(s): Living Room, Master Bedroom
Cooling Type: Central Air, Electric
Heating Type: Central
Lot Size: 0.47 Acres / 20522 Sq. Ft.
Lot Features: Front Yard, Patio Home
View: City Lights, Mountain(s), Panoramic
Lot Number: 72, 73
Water: See Remarks
Directions:W Grand view ave and N lima st
Tax and Financial Info
Land Lease: No
WALKING AND TRANSPORTATION
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Listing provided courtesy of Celine Peng, Kw Executive.
Based on information from California Regional Multiple Listing Service, Inc. as of October 21, 2020. 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. IDX provided by Sierra Interactive.