Search Properties
Buy with EXIT
Sell with EXIT
Find an Agent/Office
About
Why EXIT
The Spirit of EXIT
Careers
Offices
Contact Us
481 Lincoln Avenue, Pasadena, CA 91103
Share Listing
Overview
Features
Commute
Transportation
Market Statistics
Neighborhood
Similar Homes
Similar Home Values
Contact
$2,659,000
Share Listing
Home Details for 481 Lincoln Avenue
Price
$2,659,000
Type
Condo/Townhome
Year Build
1903
Sq. Ft.
5061
Lot Size
0.2757
County
Los Angeles
MLS®️ Listing#
TR24135943
On exitrealty.com
409 days
Property Description
481 Lincoln Ave., Pasadena is a turnkey and upgraded 7 units apartment complex (Unit mix: 4x 1 Bed+1 Bath, 1x 2 Bed+1 Bath, 2x 2 Bed+2 Baths). Class-A Location, and 100% OCCUPIED. ASSUMABLE EXISTING LOAN AT 3.83% UNTIL FEBRUARY, 2029 !!!! 2 story building was built in 1903 and single story building was built in 1952. BOTH BUILDINGS EXTERIOR FAÇADE WERE FULLY RENOVATED AND UPGRADED IN 2022. 5 out of 7 units were also upgraded with New Paint, Kitchen, Bathroom, Flooring. Updated Roof, New Electrical Main Panels and Subpanels. New Plumbing. New Windows. New Driveway Entrance. Each unit is individually metered for electricity and gas. Parking is provided by 5 open spaces between 2 buildings.
The property is situated on a large corner lot of approximately 12,011 SF lot size. Great value-add opportunity for a short or long-term investment. The property is in a highly desirable centrally located neighborhood and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
- Water Features
- Public
Listing Courtesy: Berkshire Hathaway HomeServices California Properties - 626-975-2521. Presented by: Kevin Lee
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-29 17:00:56 and/or other sources. 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.
See average values in the proximity of this property
Median Listing Price
Median Days on EXIT Realty®
Median Square Feet
Market statistics compiled from data from California Regional MLS.
See several nearby properties
EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
See properties nearby this listing
Compare the values of homes nearby
$2,659,000
Share Listing
EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.