First time on the market since 1973, this property's current zoning is R3. It has a lot size of nearly 12,000 square feet (62 X 193) which is perfect for those looking to develop. According to the Sierra Madre building department, the extremely preliminary numbers allow for 6,541 square feet of building and up to 4 units. This information is subject to change as the potential buyer works closely with the city's building department to determine the setbacks requirements and other possible development information the city will require to determine the maximum development possibilities. Currently there is a quaint and cozy one bedroom, one bath home built in 1907 on the property with an older 1-car garage. The location is highly desirable as it is near the quaint downtown village of Sierra Madre with eateries, boutique shopping, Starbucks, and close to hiking in the Sierra Madre Canyon, Mount Wilson, Chantry Flats and Eaton Canyon and the Sierra Madre Elementary School.