1758 Lincoln Avenue, Pasadena, CA 91103

$1,080,000

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List Agent Alma Aguilar () 626-393-5227 Coldwell Banker Realty; CoList ()

List Price
$1,080,000
Status
ACTIVE
MLS#
AR26147655
Year Built
1947
Lot Size
7,121
Lot Location
Back Yard
Days on Market
24
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property 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.

Additional Information

Pool Description
None
Heat
Natural Gas
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.