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1758 Lincoln Avenue

Pasadena, CA 91103
  • $1,358,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: TR24015432
$1,358,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): Nan Yang of KW Vision (909-628-9100)


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 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. Dont miss this great cash-flowing and income-generating property and develop its unlimited potential!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T00:29:37.863. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/147206526
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1758 Lincoln Avenue Pasadena, CA 91103

  • Price: $1,358,000
  • Status: Active
  • On Site: 29 Days
  • ID#: TR24015432
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1947
Built
Neighborhood:
645 - Pasadena (NW)
County:
Los Angeles
Area:
645 - Pasadena (NW)
Property 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 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. Dont miss this great cash-flowing and income-generating property and develop its unlimited potential!
Exterior Features

Entry Level 1 Entry Location Front Door Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Features Door-MultiDrivewayGarage Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherGas OvenGas RangeWater Heater Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Vinyl Interior Features Granite CountersWalk-In Closet(s)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Electric Expense 0 Garage YN Yes Gross Income 75360 Gross Scheduled Income 75360 Insurance Expense 1180 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 Exchange Net Operating Income 61735 New Construction YN No New Taxes Expense 11125 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 13625 Property Condition Updated/Remodeled Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 6280 Trash Expense 0 Water Sewer Expense 1320 Water Source Public Zoning PSR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T00:29:37.863. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Nan Yang of KW Vision (909-628-9100)