First time on the market since 1947! Calling all developers/investors, this 13,468 square foot lot is 77 feet wide by 175 feet deep and is zoned R3. According to the City of Sierra Madre's Building Department guidelines - it appears 4 units can be built on this property with a maximum of 7,927 square feet. You are highly advised to verify any development opportunities with the Sierra Madre's Building Department. There is currently a modest home of 1,286 square feet on the lot with a 2-car garage. The home offers a spacious open living room to the dining area and offers views of the expansive back yard. It is located just a hop, skip and a jump to the quaint downtown village of Sierra Madre with eateries, boutique shopping, coffee shops, and is close to hiking in Sierra Madre Canyon, Eaton Canyon and Chantry Flats. Easy freeway access as the 210 Freeway is only half a mile away. Don't let this opportunity get away!