225 Lima Street, Sierra Madre, CA 91024

$2,990,000
10
BD
11
BA
10,000
SqFt
List Price
$2,990,000
Status
ACTIVE
MLS#
WS20236196
Bedrooms
10
Bathrooms
11
Living Sq. Ft
10,000
Lot Size(apprx.)
20,522
Property Type
Single Family Residential
Year Built
1888

Property Description

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 based on Mills act appraised value and estimated market value is 3,754,000 in 2019. For lease w/positive cash.For move shoots, event creator etc, many ways to make extra incomes while living in! Over the years, Pinney has been visited by notable guests,Robert Todd Lincoln (Abraham Lincoln's 1st son).With the citys developing and economic changes, Pinney has worked as a hotel for Hollywood celebrities, now a home with income, as has 10 separately electric meters in each master suits.The 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.

Additional Information

View
Mountains/Hills, Panoramic, City Lights
Stories
3 Story
Architectural Style
Victorian
Equipment Available
Dishwasher, Disposal, Barbecue
Additional Rooms
Basement, Bedroom Entry Level, Family Room, Library, Loft, Master Retreat, MBR Entry Level, Office, Utility Room, Kitchen, Living Room, Center Hall, Entry, Laundry, Master Bathroom, Separate Family Room
Cooling
Central Forced Air, Electric
Heat Equipment
Forced Air Unit

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Courtesy of KW Executive, CELINE G PENG.

Last Updated: Source: Sandicor Regional MLS

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange(c) Program of SANDICOR Regional MLS. Real estate listings held by brokerage firms other than the listing office named includes the name of the listing brokers. Information is believed to be reliable, but not guaranteed.