We are pleased to present 1910-1918 Lincoln Ave – two separate, eight unit (16 units total) value-add apartment buildings located in Pasadena. This property offers an investor the opportunity to renovate common areas / unit interiors to increase current rents which are approximately 14% under market. The property features an excellent unit mix of (12) one-bedroom/one-bathroom units, (2) two-bedroom/one-bathroom units and (2) studios. The two buildings total to 8,400 square feet and sit on a 14,375 square foot lot zoned RM-16.Located just a couple of miles north of Old Town Pasadena in the Lincoln-Villa neighborhood, 1910-1918 Lincoln Ave boasts a walk score of 80 (very walkable) and is close in proximity to a variety of local gyms, markets, schools and eateries. This Pasadena neighborhood sits just east of the Rose Bowl and is a short drive away to La Caada Flintridge and Altadena. Conveniently positioned near the 210, 134 and 110 freeways, residents have an easy commute to Downtown LA, Eagle Rock, Highland Park and the rest of the San Gabriel Valley. The property is also nearby several of Pasadena’s A Line Stations providing convenient westbound access to DTLA, Hollywood, Koreatown and LAX.
Property Details
Price:
$3,650,000
MLS #:
25501715
Status:
Active
Baths:
0
Address:
1910 Lincoln Avenue
Type:
Residential Income
Neighborhood:
645pasadenanw
City:
Pasadena
Listed Date:
Feb 21, 2025
State:
CA
ZIP:
91103
Lot Size:
14,307 sqft / 0.33 acres (approx)
Year Built:
1949
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Exterior
Parking Features
Uncovered
Parking Spots
0.00
Stories Total
2
Financial
Map
Community
- Address1910 Lincoln Avenue Pasadena CA
- Area645 – Pasadena (NW)
- CityPasadena
- CountyLos Angeles
- Zip Code91103
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1910 Lincoln Avenue
Pasadena, CA
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