1758 Lincoln Avenue

Pasadena, CA 91103

$1,358,000
Price
4
Beds
4
Baths
2,080 Sq. Ft.
$653 / Sq. Ft.
2,080
Sq. Ft.
$653
per Sq. Ft.

Description

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...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!
  1. Listed by Nan Yang • DRE #02106252 • Brokerage DRE #01885348 • KW Vision • 909-516-9235

Property Details for 1758 Lincoln Avenue

View
None
Parking Spaces Total
3
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2080

Location

Listing Courtesy of KW Vision, Nan Yang, DRE #02106252
Add your commute
LISTING UPDATED: 02/02/2024 10:09 PM

Property Details for 1758 Lincoln Avenue

StatusActive
MLS #TR24015100
Days on Market87
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential
Year Built1947
CountyLos Angeles County

Location

Listing Courtesy of KW Vision, Nan Yang, DRE #02106252
Add your commute

Building Information for 1758 Lincoln Avenue

Building/Complex1758 Lincoln AveFloor-Stories1Residences-Pet Policy-Year Built1947Building Size-

Payment Calculator

$8,371 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,411

Property Taxes

$960

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1758 Lincoln Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $75,360
  • Gross Scheduled Income: $75,360
  • Net Operating Income: $61,735
Expense Details
  • Operating Expense: $13,625
  • New Taxes Expense: $11,125
  • Gardener Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,180
  • Trash Expense: $0
  • Water Sewer Expense: $1,320
  • Total Expenses: $13,625
Tax / Assessment Info
  • Tax Tract Number: 6491
  • Tax Census Tract: 4609.00
  • CFD/Mello-Roos Fee: $900
  • Tax Lot: 4
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Equipment: Gas Oven, Gas Range
  • Interior Features: Granite Counters
  • Room Type: Family Room, Kitchen, Laundry
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Bedroom Features: WalkInCloset
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Inside, Washer Hookup
  • Laundry Location: Inside
  • Laundry Utilities: Washer Hookup
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Wall/Window Unit(s)
  • Flooring: Vinyl
Exterior Features
  • Entry Location: Front Door
  • Structure Type: Quadruplex
  • Property Condition: Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Lease Considered: No
  • Number Of Units: 4
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking: Yes
  • Parking Garage: Driveway, Garage - 3 Car
  • Parking Non-Garage: Parking Space
  • Parking Garage Spaces: 3
  • Parking Garage: Garage, Garage - Three Door
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Garage, Garage - Three Door, Parking Space
Property / Structure Info
  • Residential Styles: All Other Attached
  • Residential Unit Location: No Common Walls
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,280
  • Unit Type Total Rent: $1,280
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 2
  • Number Wall AC: 4

Property History for 1758 Lincoln Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1758 Lincoln Avenue

Taxable ValueLand$780,300Additions$176,868Total$957,168
Tax Record2023$11,518 ($960 / month)
Home Facts
Total Finished SqFt2,080 SqFtAbove Grade Finished SqFt2,080 SqFtLot Size7,121 SqFtStyleQuadraplexYear Built1947ZoningPSR1CountyLOS ANGELESAPN5825-015-004

Schools near 1758 Lincoln Avenue

This home is within Pasadena Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Jackson Elementary School
PublicK to 5

Octavia E. Butler Magnet School
Public6 to 8

John Muir High School
Public9 to 12

Odyssey Charter School - South
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1758 Lincoln Avenue is a multi-family home for sale in Pasadena, CA 91103. This property was listed for sale on February 2, 2024 by KW Vision, it's currently listed at $1,358,000. It has been on the market for a total of 87 days and was last sold on March 25, 2021. This listing's school district is Pasadena Unified School District. Nearby schools include Jackson Elementary School, Octavia E. Butler Magnet School and John Muir High School. 1758 Lincoln Avenue is a 4-bed, 4-bath, 2,080 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Vision, Nan Yang, DRE #02106252

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.