$1,815,000
SOLD JUL 11, 2025

181 E Alegria Ave Sierra Madre, CA 91024

0.49 Acre
$3,707,108 Price per Acre
21,327 Sq Ft Lot

Recently Sold

$928 Per Sq Ft

4% Below List Price

7 Days on Market

Highlights

  • 0.49 Acre Lot
  • Mountain View
  • 2-minute walk to Mount Wilson Trail Park
  • Sierra Madre Elementary School Rated A-
  • No HOA

About This Lot

As of July 2025

Along the most coveted stretch of Sierra Madre’s iconic Alegria Avenue lies a singular opportunity—an expansive dual-parcel property spanning over 21,000 square feet of flat, usable land, graced with mature citrus trees and framed by the tranquility of the San Gabriel foothills. With two distinct structures, each with its own address and private driveway, this rare compound is zoned as a legal triplex and offers unmatched versatility for investors, builders, or owner-occupants with vision. The primary residence at 185 E Alegria has been thoughtfully reimagined and underwent a full renovation around 2021. A custom kitchen with marble countertops, wide-plank wood floors, new windows, fresh interior and exterior paint, and central air create a refined yet comfortable living environment. A finished lower level adds additional bedrooms and flexible space for guests, creative work, or extended living. At 181 E Alegria, a separate guest house includes two generous one-bedroom suites—each renovated inside and out, with updated kitchens, baths, and light-filled interiors. The property’s current configuration allows for immediate rental income or a graceful multi-generational setup, while its size and zoning open the door for further design potential (buyer to verify). This is a property that invites both present-day enjoyment and long-term imagination. Whether restoring and enhancing the existing three units or crafting a visionary compound, the location—on one of Sierra Madre’s most desirable streets—offers enduring appeal, walkability to downtown, and a setting rich in character and history. There may be potential for subdivision, subject to city approval; buyer to verify all possibilities with the City of Sierra Madre. Rarely does a property offer this level of flexibility, scale, and charm in such a coveted location.

Last Agent to Sell the Property

Ash Rizk

Coldwell Banker Realty Brokerage Phone: 626-393-5695 License #01503342 Listed on: 06/09/2025

Coldwell Banker Realty

Last Buyer's Agent

Nazee Rix

COMPASS License #01210301

COMPASS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,143

Lot Details

  • 0.49 Acre Lot
  • Density is 2-5 Units/Acre
  • Property is zoned SRR175

Additional Features

  • Mountain Views
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 5762013004
  • $737 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$19,143

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: SRR175
  • Property Type: Land
  • Parcel Number: 5762013004
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 85.11

Exterior Features

  • View: Mountain(s)

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 21325.00
  • Lot Size Acres: 0.4896

Multi Family

  • Lot Size Area: 21325.0000 Square Feet

Tax Info

  • Tax Census Tract: 4305.01
  • Tax Lot: 33
  • TaxOtherAnnualAssessmentAmount: 737.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2025
Closed on
Jun 19, 2025
Sold by
Leong Janice Maisie and Chris And April Leong 2006 Trust
Bought by
Chang Sook Kim Trust and Kim
Seller's Agent
Ash Rizk
Coldwell Banker Realty
Buyer's Agent
Nazee Rix
COMPASS
List Price
$1,898,000
Sold Price
$1,815,000
Premium/Discount to List
-$83,000
-4.37%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.07%

Purchase Details

Closed on
Jul 19, 2023
Sold by
Leong Chris Wing Chee and Leong April Ching
Bought by
Chris And April Leong 2006 Trust and Leong

Purchase Details

Listed on
Feb 12, 2018
Closed on
Jan 15, 2021
Sold by
Wang Xin and Ding Wenjiang
Bought by
Leong Chris Wing Chee and Leong April Ching
Seller's Agent
Jenny Ma
Sunny Realty Group, Inc.
Buyer's Agent
Jenny Ma
Sunny Realty Group, Inc.
List Price
$1,488,000
Sold Price
$1,550,000
Premium/Discount to List
$62,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$750,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2016
Closed on
Jun 14, 2016
Sold by
Carino Adam and Carino Richard E
Bought by
Wang Xin and Ding Wenjiang
Seller's Agent
Samuel Tyre
T&S Brokers, Inc.
Buyer's Agent
Jenny Ma
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.72%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,815,000 Equity Title - Los Angeles
Grant Deed -- None Listed On Document
Grant Deed $1,550,000 Provident Title Company
Grant Deed $1,500,000 Usa National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $1,815,000 -4.4% $928 / Sq Ft
06/09/2025 06/09/25 For Sale $1,898,000 +22.5% $971 / Sq Ft
01/28/2021 01/28/21 Sold $1,550,000 -1.9% $443 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
11/15/2020 11/15/20 Price Changed $1,580,000 -1.3% $451 / Sq Ft
07/17/2020 07/17/20 Price Changed $1,600,000 -3.6% $457 / Sq Ft
05/21/2019 05/21/19 Price Changed $1,660,000 -1.2% $474 / Sq Ft
04/29/2019 04/29/19 Price Changed $1,680,000 +0.1% $480 / Sq Ft
04/18/2019 04/18/19 Price Changed $1,679,000 -0.1% $480 / Sq Ft
01/26/2019 01/26/19 Price Changed $1,680,000 -0.6% $480 / Sq Ft
01/03/2019 01/03/19 Price Changed $1,690,000 +0.7% $483 / Sq Ft
09/16/2018 09/16/18 Price Changed $1,678,000 -0.6% $479 / Sq Ft
08/30/2018 08/30/18 Price Changed $1,688,000 +13.4% $482 / Sq Ft
05/15/2018 05/15/18 Price Changed $1,488,000 -0.1% $425 / Sq Ft
03/15/2018 03/15/18 Price Changed $1,489,000 +0.1% $425 / Sq Ft
02/12/2018 02/12/18 For Sale $1,488,000 -0.8% $425 / Sq Ft
06/24/2016 06/24/16 Sold $1,500,000 -6.3% $767 / Sq Ft
05/29/2016 05/29/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $1,600,000 -- $818 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $19,143 $1,644,871 $1,315,897 $328,974
2023 $19,033 $1,612,620 $1,290,096 $322,524
2022 $18,378 $1,581,000 $1,264,800 $316,200
2021 $18,626 $1,640,466 $1,312,373 $328,093
2020 $17,885 $1,624,146 $1,298,917 $325,229
2019 $17,729 $1,592,311 $1,273,449 $318,862
2018 $18,099 $1,561,100 $1,248,480 $312,620
2017 $19,419 $1,530,000 $1,224,000 $306,000
2016 $1,210 $79,264 $28,551 $50,713
2015 $1,191 $78,075 $28,123 $49,952
2014 $1,189 $76,547 $27,573 $48,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25128920

California Regional Multiple Listing Service (CRMLS)

APN: 5762-013-004