1910 Lincoln Avenue

Pasadena, CA 91103

$3,650,000

List Price

N/A

bed Beds

16

shower Baths

8,430 sqft

straighten / sqft

1949

calendar_month Built

Property Description

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.

Listing Information

List Price $3,650,000
Status Active
MLS 25501715
Type Residential Income
Year Built 1949
Lot Size 14,307
Structure Size 8,430
DOM 8
Courtesy Of Marcus & Millichap
Listing Agent Matthew Ziegler DRE#01280909

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms 16
Cooling Type
Cooling Type Wall/Window Unit(s)
Heating Type
Heating Type Wall Furnace

Maps

home_work Nearby Properties

Listing information courtesy of: Matthew Ziegler, Marcus & Millichap 818-212-2738. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 1st, 2025 at 1:40 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.