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$ 1,699,500
Est. payment /mo
Active
523 Lincoln Avenue Pasadena, CA 91103
4 Beds
3 Baths
1,979 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,979 sqft
Price per Sqft $858
MLS Listing ID SR25068283
Bedrooms 4
Full Baths 3
Year Built 1924
Property Sub-Type Detached
Property Description
Welcome to this beautifully updated 3 unit property, located in the highly sought-after historic Bristol-Cypress neighborhood of Pasadena. This unique offering includes three addresses523, 525, and 527 Lincoln Aveand sits on nearly a quarter-acre of prime land, providing incredible potential. Each of the three properties has been fully renovated with new flooring, fresh paint, and an upgraded electrical system throughout. The main house features two spacious bedrooms and one well-appointed bathroom, creating a modern and comfortable living space. At the rear of the property, you'll find a duplex, with each unit offering 1 bedroom, 1 bathroom, and a cozy living area. All three properties will be delivered vacant, presenting an excellent opportunity to live in one and rent the other two, or simply capitalize on this fantastic income-producing asset. Located just a short stroll from the iconic Rose Bowl and offering easy access to Pasadena's trendy restaurants, shops, and vibrant downtown area, this property is perfectly situated in a highly desirable neighborhood. The expansive lot also offers future development potential, with the possibility to build additional multi-unit structures at the rear. Don't miss out on this rare opportunity in one of Pasadena's most coveted locations.
Location
State CA
County Los Angeles
Zoning PSR3
Direction N Orange Grove to Lincoln Ave
Interior
Cooling Central Forced Air
Fireplaces Type FP in Living Room
Fireplace No
Exterior
View Y/N Yes
Water Access Desc Public
View Neighborhood
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories 1
Others
Tax ID 5726010024
Special Listing Condition Standard
Listed by Farid Eslamieh Remax Stone Oak Realty