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33812309
33812324

523 Lincoln, Pasadena, CA 91103 For Sale

FE
Remax Stone Oak Realty
Listed by Remax Stone Oak Realty
$1,499,000
32 days on market
Updated 27 days ago

523 Lincoln

Details
APN 5726010024
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 2
Acreage 0.220
Zoning Public Rec

Multifamily | 3 Units

Marketing description

Welcome to this beautifully upgraded multi-unit property in the highly sought-after Bristol Cypress neighborhood of Pasadena. Situated on a large lot, this rare offering includes three separate addresses 523, 525, and 527 Lincoln Ave and delivers both immediate value and long-term upside. Over the past three years, the property has undergone extensive improvements. All three units feature upgraded electrical panels, with costly underground wiring completed for long-term reliability. Each unit has been refreshed with new flooring, cabinets, interior paint, and appliances, creating a modern, turnkey living experience. Exterior upgrades include repaired wood siding, fresh exterior paint, new front fencing with a rolling gate, and low-maintenance artificial turf. The carport has been improved with newly poured concrete and a roof featuring partially new shingles, adding both functionality and durability. The front home (527 Lincoln Ave) offers 2 bedrooms and 1 bathroom, while the rear duplex (523 & 525 Lincoln Ave) consists of two 1-bedroom, 1-bath units, each with a comfortable living area. All three units have separate gas and electrical meters, with water currently serviced by a single meter to the front unit. The property will be delivered without existing occupants, presenting an ideal opportunity for owner-occupants, investors, or developers. Live in one and rent the others, or maximize income across all three units. The expansive lot also provides future development potential, with the possibility of adding additional multi-unit structures at the rear (buyer to verify
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FE
Remax Stone Oak Realty
Listed by Remax Stone Oak Realty

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