274 W Laurel Avenue, Sierra Madre, California 91024, Sierra Madre, 91024 - 4 bed, 4 bath

274 W Laurel Avenue, Sierra Madre, California 91024 home-pic-0
ACTIVE$1,698,000
274 W Laurel Avenue, Sierra Madre, California 91024
4Beds
4Baths
2,510Sqft
12,664Lot
Year Built
1924
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$676
HOA
-
Days on market
-
Sold On
-
MLS number
P1-25098
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Great Deal:The estimated price is 3% above the list price. We found 4 Cons,6 Pros. Rank: price - $1.70M(64th), sqft - 2510(73th), beds - 4(59th), baths - 4(80th).

Welcome to 274 W. Laurel, where a generous 13,000 sq ft lot (+/-) hosts two completely separate homes, a rare and versatile opportunity!The front residence offers 1,790 sq ft of living space, including a spacious living room, a family room, 2 bedrooms, and 2.5 bathrooms. Recent improvements include fresh interior and exterior paint, new appliances, luxury vinyl flooring, new baseboards, some updated light fixtures, and new front double doors. Over the years, the bathrooms and windows have also been updated. The roof was replaced approximately four years ago.The rear home, built before ADUs were officially defined, features 720 sq ft with a living room, 2 bedrooms, 1 bathroom, and a generous, private fenced yard. The roof was newly installed in 2024.This property is ideal for multi-generational living, an income-producing investment, or a primary residence with rental potential. Both the front and back yards of the main home feature low-maintenance, drought-tolerant landscaping with artificial turf.Perfectly situated just steps from beloved local spots, cafes, boutique shops, wine bars, coffee shops, the Sierra Madre Library, the Playhouse, parks, Sierra Madre Elementary, and the Recreation Center with pool. This property also provides easy access to hiking trails such as Mount Wilson Trail, Bailey Canyon, Eaton Canyon, and Chantry Flats, to name a few.A unique opportunity like this won't last, so don't wait!

Price History

Date
Event
Price
12/03/25
Listing
$1,698,000
Condition Rating
Good

Despite being built in 1924, this property has undergone significant recent updates, making it move-in ready. The front residence features new luxury vinyl flooring, fresh paint, new appliances, and a roof replaced approximately four years ago. The bathrooms and windows have been updated over the years, presenting as clean and functional, though some elements like the main bathroom's tile work and kitchen cabinet style are not ultra-modern. The rear home also benefits from a newly installed roof in 2024. While not a full, high-end renovation within the last 5 years, the extensive updates ensure the property is well-maintained and requires no immediate renovations, aligning with a 'good' condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12664, living area = 2510.
Dual Residence & Income Potential: The property features two completely separate homes on a generous 13,000 sq ft lot, offering rare versatility for multi-generational living, income generation, or rental potential.
Extensive Recent Updates (Main Home): The front residence has undergone significant recent improvements including fresh paint, new appliances, luxury vinyl flooring, updated bathrooms, windows, and a roof replaced approximately four years ago.
Brand New Roof (Rear Home): The rear home benefits from a newly installed roof in 2024, indicating a well-maintained and updated structure.
Exceptional Walkability & Local Amenities: The property boasts a prime location, steps away from local cafes, shops, the library, parks, elementary school, recreation center, and various hiking trails.
Low-Maintenance & Drought-Tolerant Landscaping: Both front and back yards of the main home feature artificial turf and drought-tolerant landscaping, reducing maintenance and water costs.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Age of Original Construction: Built in 1924, the property's age, despite significant updates, may still present potential for older infrastructure or systems not explicitly mentioned as modernized.
No Mention of Cooling System: The description does not specify the presence of a cooling system (e.g., central air conditioning), which could be a significant drawback during warmer months.
Potential for Shared Utilities/Maintenance Complexity: While offering two separate homes, being on a single lot could lead to complexities regarding shared utility billing or coordinated maintenance responsibilities between the two residences if occupied by different parties.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state