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    524 Lincoln Avenue

    Pasadena, CA 91103
    • $2,100,000
    • STATUS: Active Under Contract
    • ON SITE: 72 days
    • ID#: 20635840
    Under Contract
    UPDATED: 62 min ago
    $2,100,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1925
    County:

    School Ratings & Info

    Description

    INVESTORS YOU DECIDE...REHAB, CONDO CONVERSION, or NEW DEVELOPMENT. This 8-unit apartment building, Zoned PSR3, is near the N. Orange Grove and Lincoln Ave. corridor where new commercial and residential projects are currently in progress. Property is being sold, AS IS, No Concessions, No Termite, No Repairs. This property needs major work, i.e., termite damage, new plumbing, electrical, and roof. This investment opportunity has great potential and is ideal for contractors and investors. It will not qualify for traditional financing. Broker does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property provided by the seller, obtained from public records, or other sources. The buyer is advised to independently verify the accuracy of all information listed in the MLS through personal and professional inspection. Property is 100% vacant. Sale to include 540 Lincoln APN 5726-015-016 & 524 Lincoln 5726-015-016.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-05T11:26:57.327. 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/110294528
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    524 Lincoln Avenue Pasadena, CA 91103

    • Price: $2,100,000
    • Status: Active Under Contract
    • Updated: 62 min ago
    • ID#: 20635840
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1925
    Built
    Neighborhood:
    645 - Pasadena (NW)
    County:
    Los Angeles
    Area:
    645 - Pasadena (NW)
    Property Description
    INVESTORS YOU DECIDE...REHAB, CONDO CONVERSION, or NEW DEVELOPMENT. This 8-unit apartment building, Zoned PSR3, is near the N. Orange Grove and Lincoln Ave. corridor where new commercial and residential projects are currently in progress. Property is being sold, AS IS, No Concessions, No Termite, No Repairs. This property needs major work, i.e., termite damage, new plumbing, electrical, and roof. This investment opportunity has great potential and is ideal for contractors and investors. It will not qualify for traditional financing. Broker does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property provided by the seller, obtained from public records, or other sources. The buyer is advised to independently verify the accuracy of all information listed in the MLS through personal and professional inspection. Property is 100% vacant. Sale to include 540 Lincoln APN 5726-015-016 & 524 Lincoln 5726-015-016.
    Exterior Features

    Architectural Style Spanish Construction Materials Stucco Direction Faces West Entry Location Ground Level W/Steps Lot Size Source Assessor Lot Size Units Square Feet Parking Features Detached Carport Parking YN Yes Pool Features None Pool Private YN No Spa Features None Spa YN No View None View YN No

    Interior Features

    Cooling None Cooling YN No Flooring Wood Laundry Features None

    Property Features

    Country Us Gross Income 0.00 Gross Multiplier 16.49 Gross Operating Income 0.00 Laundry YN No Net Operating Income 0.00 Property Condition Repairs MajorRepairs CosmeticFixer Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Expenses 0.00 Vacancy Allowance Rate 100.00 Zoning Psr3

    Listing provided courtesy of Sheila Brittain of Sheila Brittain Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-12-05T11:26:57.327. 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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