Coldwell Banker Realty
Listed by Coldwell Banker Realty
$1,080,000
1758 Lincoln Avenue
Details
APN 5825015004
Property Type Multifamily
Sub Type Apartment Building
Units 4
Buildings 1
Acreage 0.164
Zoning Public Rec
Multifamily | 4 Units
Marketing description
Fantastic 4-Unit Investment Opportunity in Pasadena! This income-producing fourplex features 4 spacious 1-bedroom, 1-bath units and offers immediate rental income with long-term investment potential. Major improvements have already been completed, including a brand-new roof on both the main building and detached garage, new garage doors, fully replaced plumbing, fresh interior and exterior paint, updated flooring, newer windows, and renovated kitchens and bathrooms in select units. All 4 units feature separate electric and gas meters, while the owner currently pays water. The property also offers 3 single-car garages and 1 additional parking space. Conveniently located with easy access to the 210 Freeway, shopping, dining, parks, and public transportation, this property is well positioned for investors and owner-users alike. Current rents total $6,398 per month, providing immediate cash flow. Future rental potential may exist, subject to local rent control regulations, existing tenancy, and applicable law. Buyer to independently verify all information, including rents, expenses, square footage, permits, and property condition.
Listing Contacts
Coldwell Banker Realty
Listed by Coldwell Banker Realty
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