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Rare opportunity to own a historic estate with built-in income potential in Sierra Madre. The iconic Pinney House, a magnificent 1888 Queen Anne Victorian designed by renowned architects Samuel Newsom and Joseph Cather Newsom, offers approximately 10,000 sq. ft. of living space on a beautifully landscaped 0.47-acre lot. The property currently features eight individual bedroom suites, many with private amenities and separate electric meters, creating excellent income-producing potential. Some suites are currently rented while others are available, allowing the next owner to live on the property while generating rental income. A spacious 3,000 sq. ft. loft provides flexible living space ideal for an owner's residence, creative studio, or additional guest quarters. Rich in historic character, the home showcases grand porches, a conservatory, parlor, library, formal dining room, wide staircases, large windows, restored claw-foot tubs, and beautiful period architectural details throughout. Modern upgrades include updated plumbing, electrical systems, and newer HVAC. The landscaped grounds feature English gardens, ample parking, and scenic views of the nearby San Gabriel Mountains and city lights. Designated as a historic landmark and benefiting from the Mills Act tax relief program, the Pinney House offers a rare chance to own a piece of California history while enjoying potential income from multiple suites.
Source: CRMLS, MLS#: CV26055216
