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483 Sturtevant Drive, Sierra Madre, CA 91024

Local realty services provided by:CENTURY 21 Fort Bragg Realty
483 Sturtevant Drive,Sierra Madre, CA 91024
$9,500,000
  • 22 Beds
  • 15 Baths
  • 8,400 sq. ft.
  • Multi-family
  • Active
Listed by: douglas steinriede
Office: dover management corp.
MLS#:25557095
Source:CRMLS

Price summary

  • Price:$9,500,000
  • Price per sq. ft.:$1,130.95

About this home

Nestled against the San Gabriel Wilderness, Sierra Court Cottages offers an investor the opportunity to own a unique 15-cottage community spread across eight (8) parcels in Sierra Madre, totaling 31,712 square feet. The 15 cottages are comprised of various configurations and have been tastefully renovated to preserve the original artistic integrity of the site. Current ownership has invested nearly $1.2 million in capital improvements, including new electrical systems, plumbing, roofing, exterior work, and landscaping. Operating expenses are currently low due to the implementation of resident utility billing (RUBS) across the community, allowing new ownership to operate the asset at a sub-30% expense ratio. The site is eligible for the construction of six (6) ADUs, totaling 3,800 square feet of additional rentable space. Current ownership has initiated the planning process and completed a site survey for construction. By adding the six (6) ADUs, new ownership can achieve a return on

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Home facts

  • Year built:1923
  • Listing ID #:25557095
  • Added:863 day(s) ago
  • Updated:January 25, 2026 at 11:50 AM

Rooms and interior

  • Bedrooms:22
  • Total bathrooms:15
  • Living area:8,400 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1923
  • Building area:8,400 sq. ft.
  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$9,500,000
  • Price per sq. ft.:$1,130.95
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Fort Bragg Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Fort Bragg Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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