225 Lima, Sierra Madre, CA 91024

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 city’s 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.

Features

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• 0.47 Acres
• 3 Stories