78 E Highland Avenue
Sierra Madre, CA, 91024
$1,898,000
MLS: CV26061456
Beds
5
Baths
5
Sq Ft
2,894
Lot
0.22 ac
Year Built
1947
MLS #
CV26061456
Days on Market
11
Listed
Mar 20, 2026
Description
Prime Sierra Madre Location. Walk to Old Town. Ideally located just around the corner from charming Old Town Sierra Madre, property offers the best of small-town living with a vibrant village feel. Nestled in the foothills, this neighborhood is known for its timeless charm, peaceful setting, & scenic beauty—one of the most beautiful cities tucked away from the hustle and bustle of everyday life. Enjoy easy access to boutique shops, cozy cafés, popular restaurants, weekend farmers markets, and nearby parks. Outdoor enthusiasts will love the proximity to renowned hiking and nature trails such as Bailey Canyon, Mount Wilson Trail, & the Sierra Madre Canyon trails, offering breathtaking views, fresh air, & an active lifestyle right at your doorstep. This fully legal, established short-term rental property is consistently booked and ready for a seamless transition—perfect as a small business venture, retirement income stream, or multigenerational living solution. Front home is a beautifully updated single-level residence offering over 1,700 sqft with 3 bedrooms and 2.5 bathrooms, plus a permitted 540 sqft addition. The open floor plan is filled with natural light and designed for modern living, featuring wood floors, recessed lighting, wood shutters, and multiple sliding glass doors for seamless indoor-outdoor flow. The kitchen is a standout with quartz countertops, bar seating island, stainless steel appliances, roof vent, undermount sinks, and sleek black hardware finishes. The spacious primary suite includes a walk-in closet, updated bathroom with floating vanity, and direct access to a private outdoor deck. The inviting family room features an electric fireplace, creating a warm and comfortable gathering space. At the rear, a newly built and fully permitted 1,200 sqft ADU offers 2 bedrooms and 2 bathrooms with its own open kitchen, living area, central HVAC, and abundant natural light—ideal for rental income or extended family. Additional highlights include a concreted driveway for ample parking, updated vinyl fencing, well-graded and low-maintenance landscaping, and a detached garage/storage space with potential for a JADU conversion. Both residences enjoy private outdoor spaces with plenty of yard to relax and entertain. Everything has been tastefully upgraded, making this a true turnkey opportunity in an unbeatable location. A rare property combining income potential, flexibility, lifestyle, and long-term upside—this is one you don’t want to miss.
Location
Sierra Madre, Los Angeles County, CA 91024
Open on Google Maps ↗Listed by: Mike Chou · K.W. EXECUTIVE
Payment estimate
$13,484
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $189,800 · Loan: $1,708,200
- Principal & Interest
- $10,495
- Property tax (1.25%)
- $1,977
- Homeowners insurance
- $300
- Mortgage insurance
- $712
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $66,430 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.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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