1758 Lincoln Ave, Pasadena, CA 91103
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1758 Lincoln Ave Pasadena, CA 91103

$1,358,000
  • 4 Beds
  • 4 Baths
  • 2,080 Sq.Ft.
For Sale
$1,358,000 Get Pre-Qualified

Map preview of 1758 Lincoln Ave, Pasadena, CA 91103

Property Overview: 1758 Lincoln Ave Pasadena, CA has 4 bedrooms, 4 bathrooms, 2,080 living square feet and 7,123 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: AMAZING AND RARE 4-unit investment property in a prime Pasadena location, easy access to 210 freeway, short drive to Rose Bowl Stadium, Pasadena City College and Cal Tech, close to parks, schools, museums and grocery stores. Each unit has 1 bed 1 bath and individual laundry hook-up, with in total 2080 sqft in a large flat lot of 7123 sqft. Property is fully equipped with 4 Electric meters, 4 Gas meters, and 1 Water Meter. Unit 2 and Unit 3 have been completely remodeled last year including but not limited to high quality vinyl floors, new stove, new kitchen counter top, new bath, new water heater and new AC. There is a detached 3-car garage in the back yard with new garage doors and new roof. Unit 1 has new water heater and structure plan/remodel plan signed and stamped by licensed engineer and contractor and obtained permit from city. Don’t miss this great cash-flowing and income-generating property and develop its unlimited potential!

Listed by Nan Yang | BRE #02106252 | KW Vision
Last checked: 14 minutes ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 89
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Home details

Lot Sq. Ft
7,123
HOA Dues
$0/mo
Year built
1947
Garage
3 Car
Property Type:
Fourplex
Status
Active
MLS#
TR24015432
City
Pasadena
County
Los Angeles
Time on Site
97 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,280
  • Total Rent: $1,280
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $75,360
  • Net Operating Income: $61,735
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,625
  • Electric: $0
  • New Taxes: $11,125
  • Trash: $0
  • Gardener: $0
  • Insurance: $1,180
  • Water/Sewer: $1,320

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Property Details for 1758 Lincoln Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
  • Kitchen, Laundry, Living Room, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Water Heater
Interior Features
  • Granite Counters
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Garage - Three Door
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5825015004
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: From 210 freeway to Lincoln Ave ext north
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Pasadena Agent

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Sale History for 1758 Lincoln Ave

View property's historical transactions
  • February, 2024

  • Feb 2, 2024

    Date

    Active

    CRMLS: TR24015432

    $1,358,000

    Price

Tax History for 1758 Lincoln Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1758 Lincoln Ave is listed 13.26% higher than the median list price for the city of Pasadena which has a median list price of $1,199,000. The median price per/sqft for Pasadena is $798 and this home is listed at $652.88 per/sqft which puts the price per square foot 18.18% lower than the median price per square foot for the city of Pasadena.

About 1758 Lincoln Ave

Detailed summary of property

1758 Lincoln Ave is a fourplex located in Pasadena, CA 91103 and is currently for sale. This fourplex offers 4 bedrooms, 4 bathrooms, roughly 2,080 living square feet, and sits on an approximately 7,123 square foot lot. 1758 Lincoln Ave was first listed on ArdentRealEstateGroup.com on January 25, 2024. The homeowner is currently asking $1,358,000. The median priced home in Pasadena is $1,199,000 with a median price per square foot of $798. Based on Ardent Real Estate Group's Pasadena Market Data, this home is listed 13.26% higher than the median priced home. Local competing homes currently for sale include 1455-1457 N Hill Ave, 584 N Mar Vista Ave and 1399-1401 N Bresee Ave. While the average home in Pasadena, CA is selling in 59 days, 1758 Lincoln Ave has a days on market of 89 days. There are currently 255 homes for sale in the Pasadena real estate market and 155 of them are single family homes while 76 of them are condos and 24 are townhomes. For more information on this home for sale at 1758 Lincoln Ave Pasadena, CA 91103 contact Ardent Real Estate Group and we will put you in touch with one of our Pasadena agents.

Public Facts for 1758 Lincoln Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

91103 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,090,000
Median List Price/Sq.Ft.
$744
Median Sold Price
$1,050,000
Median Sold Price/Sq.Ft.
$933
Total Inventory
30
Median Sale to List Price %
105.11%
Avg Days on Market
16
Loan Type
Conventional (12.5%), FHA (12.5%), VA (0%), Cash (50%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.