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Under ContractSingleFamilyResidence

154 S Lima Street

Sierra Madre, CA, 91024

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$1,395,000

Original list price: $1,550,000

MLS: AR26130229

Beds

6

Baths

2

Sq Ft

2,493

Lot

0.25 ac

Year Built

1950

MLS #

AR26130229

Days on Market

96

Listed

Jun 17, 2026

Description

First time on the market in over 50 years. Nestled on a charming tree-lined street in the highly desirable community of Sierra Madre, 154 South Lima Street presents an opportunity for buyers looking to update, renovate, or restore a property to their own preferences. This property offers 2,493 sq ft of living spaces; potential for owner-users, investors, or contractors seeking a project in a well-established neighborhood. Located just moments from Sierra Madre’s vibrant downtown, local dining, boutique shopping, parks, hiking trails, and award-winning schools, this exceptional property combines small-town charm with convenient access to everything the San Gabriel Valley has to offer. Buyer to independently verify all information including, but not limited to, square footage, lot size, permits, zoning, property condition, and title records through their own investigations and professional advisors. Property sold in its present “as-is” condition.

Location

Sierra Madre, Los Angeles County, CA 91024

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Listed by: Brian Gordon · Lotus Property Services, Inc.

Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.

Payment estimate

$10,654

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $139,500 · Loan: $1,255,500

%

Average 30-yr fixed rate 7.03% as of Sep 24, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$8,378
Property tax (1.25%)
$1,453
Homeowners insurance
$300
Mortgage insurance
$523
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Sep 24, 2026

30-year fixed
7.03%
15-year fixed
6.42%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Sierra Madre home with as little as 3.5% down using an FHA loan — roughly $48,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Similar Homes Nearby

Active and pending listings in ZIP 91024 (Sierra Madre)within ±10% of this home's price and size.

Local Market Stats

See Sierra Madre, CA 91024 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

★#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.