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523 Lincoln, Pasadena, CA 91103

$1,474,950
•
  • —

    bed

  • —

    bath

Multi-family for sale 116 days
$24K price drop

About 523 Lincoln

Property type Multi-family
Neighborhood
Year built 1924
HOA fee $0/month
Lot size 9,587 Sqft
Movoto estimate
Rental estimate
Property description
Welcome to this beautifully upgraded multi-unit property in the highly sought-after Bristol Cypress neighborhood of Pasadena. Situated on a large lot, this rare offering includes three separate addresses — 523, 525, and 527 Lincoln Ave — and delivers both immediate value and long-term upside. Over the past three years, the property has undergone extensive improvements. All three units feature upgraded electrical panels, with costly underground wiring completed for long-term reliability. Each unit has been refreshed with new flooring, cabinets, interior paint, and appliances, creating a modern, turnkey living experience. Exterior upgrades include repaired wood siding, fresh exterior paint, new front fencing with a rolling gate, and low-maintenance artificial turf. The carport has been improved with newly poured concrete and a roof featuring partially new shingles, adding both functionality and durability. The front home (527 Lincoln Ave) offers 2 bedrooms and 1 bathroom, while the rear duplex (523 & 525 Lincoln Ave) consists of two 1-bedroom, 1-bath units, each with a comfortable living area. All three units have separate gas and electrical meters, with water currently serviced by a single meter to the front unit. The property will be delivered without existing occupants, presenting an ideal opportunity for owner-occupants, investors, or developers. Live in one and rent the others, or maximize income across all three units. The expansive lot also provides future development potential, with the possibility of adding additional multi-unit structures at the rear (buyer to verify with the City of Pasadena). Just minutes from the Rose Bowl and close to Pasadena’s popular dining, shopping, and vibrant downtown scene, this property combines location, condition, and upside — a rare find in one of Pasadena’s most desirable neighborhoods.
Listed by
Listing Agent - Farid Eslamieh
Listing Agent Contact: 818-903-6286
Listing Office - Remax Stone Oak Realty
Source: CRMLS mls logo
MLS#SR26132517 • last updated 1 month ago
Movoto checked CRMLS for data 5 minutes ago
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Overview
Type Residential Income
SubType Triplex
Status Active
Lot Size (Acres) 0.2201
Lot Size (SqFt) 9587
Year Built 1924
Interior
Laundry Inside
Exterior
Building Area Square Feet, 1979
Parking Driveway
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Los Angeles
Community Features Sidewalks
Directions Orange Grove To Lincoln Ave
APN 5726010024
Multifamily Details
Expense: Trash 1200
Operating Expense 12000
Expense: Insurance 3200
Total Expenses 18400
Expense: Water/ Sewer 4000
Gross Income 96000
Expense: Electric 5000
Gross Scheduled Income 96000
Expense: Fuel 5000
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Source: GreatSchools.org © 2026. All rights reserved.

Around Lincoln-Villa

Explore everything this neighborhood has to offer. Learn more about Lincoln-Villa.
76/100
Walk
85/100
Family
94/100
Dining
96/100
Pet
  • Real Estate
  • CA
  • Los Angeles County
  • Pasadena
  • 91103
  • Lincoln-Villa
  • 523 Lincoln

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The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
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