Pasadena, CA 91103 1758 Lincoln Avenue
$1,295,000
11 more
Presented By: Yuqing Wang with Re/Max Premier Prop Arcadia; 626-650-5666
Home Details
Attention All Buyers and Investors! We are proud to represent this 4 unit Multi-Family building in the North-West of Pasadena. Easy access to 210 freeway, short drive to Rose Bowl Stadium, Next to Pasadena City College NW location and Cal Tech, close to parks, schools, museums and grocery stores. This offering presents a rare opportunity to investors to acquire a strategically located, value-add investment opportunity! Its unit consists of (4) one bedroom one bath units(Each unit has laundry hook-up). Unit 2 and Unit 3 have been completely remodeled last year. There is a detached 3-car garage in the back yard with new garage doors and new roof. With a lot size of 7,123 square feet. 100% Occupied with Excellent pay rent on time tenants. All units have individual electric and gas meters. Don’t miss this opportunity, it won’t last!
Presented By: Yuqing Wang with Re/Max Premier Prop Arcadia; 626-650-5666
Interior Features for 1758 Lincoln Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, LaundryRoom
Total Stories1
Other Rooms
Entry Level1
General for 1758 Lincoln Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.1
Carport Y/NNo
CityPasadena
Community FeaturesCurbs, Sidewalks
CountyLos Angeles
Days on Market27
DirectionsLincoln Ave
Electric Expense200.0
Electric On Property Y/NNo
Entry Location1
Garage Spaces3.0
Garage Y/NYes
Gross Income75900.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense1300.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet7123.0
Lot Size UnitsSquareFeet
MLS Area645 - Pasadena (NW)
MobileHomeRemainsYNNo
Net Operating Income55290.0
New ConstructionNo
Number of Units Leased4
NumberOfUnitsTotal4
Operating Expense20610.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot4
Taxes$14,850
TermsCash, CashToNewLoan
Total Actual Rent6325.0
Trash Expense0.0
View Y/NNo
Water Sewer Expense1320.0
Waterfront Y/NNo
Year Built1947
Year Built SourcePublicRecords
ZoningPSR1
Exterior for 1758 Lincoln Avenue
Building Area Total2080.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1635
Lot Size Area7123.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking3.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480