About 138 W Montecito
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!
Features of 138 W Montecito
| MLS® # | AR26111278 |
|---|---|
| Price | $1,150,000 |
| Sold Price | $1,200,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Lot Sqft | 11,310 |
| Acres | 0.26 |
| Year Built | 1921 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Closed |
| # Of Units | 2 |
Community Information
| Address | 138 W Montecito |
|---|---|
| Area | 656 - Sierra Madre |
| City | Sierra Madre |
| County | Los Angeles |
| Zip Code | 91024 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 2 |
| Parking | Driveway, Garage, RV Access/Parking, Garage Faces Front |
| # of Garages | 2 |
| Garages | Driveway, Garage, RV Access/Parking, Garage Faces Front |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Vinyl, Wood |
|---|---|
| Interior Features | Ceiling Fan(s), All Bedrooms Down, Walk-In Closet(s), Bedroom on Main Level, In-Law Floorplan, Tile Counters |
| Appliances | Disposal, Water Heater, Tankless Water Heater |
| Heating | Floor Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | TwoToFiveUnitsAcre, Back Yard, Front Yard, Lawn, Street Level, Value In Land, Rectangular Lot, Yard |
|---|---|
| Roof | Composition, Rolled/Hot Mop |
| Foundation | Raised |
Additional Information
| Date Listed | May 22nd, 2026 |
|---|---|
| Date Sold | June 9th, 2026 |
| Days on Market | 3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Gary Lorenzini |
|---|---|
| Office | Coldwell Banker Realty |