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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
Sold in 44 days
256 San Gabriel Ct
Sierra Madre, CA 91024
4 Beds
3 Baths
2,074 ft2
Sold for
$938,000 Estimate:
Estimated Payment:$3,376/mo

Best price per sq

ft. of anything similar size in town! Tremendous value! Built in 2004 with many recent upgrades including hardwood floors, silestone kitchen counters, newer kitchen cabinets, newer carpet in upstairs bedrooms, concrete driveway and 50 gal. water heater. The home features an open floor plan with 4 bedrooms (4th bedroom currently being used as an office with built-ins), 2 3/4 baths, a large living room with vaulted ceilings, gracious formal dining room. The private master suite includes a wonderful outdoor lanai with views to the south. Fabulous for indoor-outdoor entertaining. Spacious backyard with fountain, spa and many fruit trees! Situated in a great location on a quiet street close to town, public transportation and the local recreation center. Top rated Sierra Madre

Property type
Two Story
Year built
2.0Driveway - Concrete, Garage - Detached, Parking for Guests, RV Access
Lot Size
7068 sqft
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My Home Features


Bedrooms: 4 | Room Types: Dining Room, Bedroom(s) - Master, Guest Room, Living Room, Study / Office


# of Full Bathrooms: 2
# of Quarter Bathrooms: 0
# of Half Bathrooms: 0
# of Three Quarter Bathrooms: 1


Features: Open Floor Plan, Lighting - Recessed


Features: Spa - Above Ground, Spa - Heated, Hot Tub / Spa, Patio - Concrete Slab, Porch - Covered, Deck, Lanai, Balcony | Pool: false, Room for a Pool | Irrigation: Sprinkler System


Property Types: Residential, Single Family Home | Year Built: 2004 | Structure: Two Story | Architecture: Farmhouse | Roof: Composition | Siding: Stucco, Wood | Foundation: Raised | Plumbing: Copper - Full | Floors: Carpet, Wood - Hard | Windows: Double-Pane

Garage & Parking

Parking: Driveway - Concrete, Garage - Detached, Parking for Guests, RV Access, 2.0


Lot size: 0.16 acres | Lot size: 7068 sqft | Zoning: SRR2YY


County: Los Angeles | Subdivision: Not Applicable-656 | Real Estate Area: Sierra Madre (656) | MLS #: 315003436


Appliances: Dishwasher, Garbage Disposal

Heating & Cooling

Air Conditioning: Central Air | Heating: Natural Gas, Forced Air | Fireplaces: false

Utilities & Security

Sewer Service: In, Connected & Paid | Safety and Security: Fire and Smoke Detection System, Fire Sprinklers


School District: Pasadena Unified Estimated Value

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Price History

Source: County(Public) Records

School Information

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Local Insights

Listing provided by: Sandi Forgey 

Listing courtesy of: Dilbeck Real Estate |  (818) 790-6774 

Tools for buyers

Data provided by: Palm Springs Regional Association of REALTORS®
Last detected update: May 18, 2018 10:11AM EST ~ Verified on October 16, 2019 11:02PM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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