2479 Lincoln Avenue Altadena, CA $ 995,000
2479 Lincoln Avenue
$ 995,000
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2479 Lincoln Avenue

Altadena, CA, 91001
$ 995,000
Bedrooms5 Baths3.0 Sq 2,225

Monthly Estimate*

$ 6,950

Listed by Compass
2479 Lincoln Avenue, Altadena, CA 91001 - Image 1
2479 Lincoln Avenue, Altadena, CA 91001 - Image 2
2479 Lincoln Avenue, Altadena, CA 91001 - Image 3
2479 Lincoln Avenue, Altadena, CA 91001 - Image 4
2479 Lincoln Avenue, Altadena, CA 91001 - Image 5
2479 Lincoln Avenue, Altadena, CA 91001 - Image 6

Multi-Family Home for sale in Altadena, CA

for $995,000 with 5 bedrooms and 3 full baths. This 2,225 square foot home was built in 1950 on a lot size of 0.2119.

Property has three rental units but is a legal duplex. Unit 2479.5 (has tenant) is grandfathered in and can be permitted as an ADU Type F. The property is in an unincorporated district of Los Angeles County and is not part of the City of Los Angeles (permitting through LADBS is not needed or applicable). Unit 2481 (3 BR, 1.5 Bath; 1,511 sq. ft.) will be delivered vacant. Unit 2479 also has a tenant. See property layout slide in photos for reference.

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Multi-Family Active

Price

$ 995,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2119

Year Built

1950

Town/City

Altadena

County/Region

Los Angeles

MLS | Web ID

24345357

Days on Market

115

Features
General
Sewer Other
Heating Central
Appliances Disposal
Zoning LCR175
Year Built 1950
Tenant Pays Electricity Gas
Stories 1
Levels One MultiSplit
Gross Income 50400.0
County Los Angeles
Net Operating Income 41406.98
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Other Structures Sheds
Special Listing Conditions Standard
Status ActiveUnderContract
Buyer Financing Conventional
Directions On Lincoln Ave. between Figueroa Dr. and Royce St. South of Altadena Dr. north of Woodbury Rd.
City Altadena
View Y/N N
Senior Community Y/N N
Open Parking Spaces 6.0
Total Units 3
MLS Area 604 - Altadena
Lot Size Square Feet 9230.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Lincoln
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 90
Standard Status ActiveUnderContract
Cap Rate 4.16
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Exterior
Parking Features Covered Driveway
Total Parking 8.0
Lot Size Area 9230.0
Number of Buildings 2
Spa N
Building Area Total 2225.0
Lot Size Acres 0.2119
Lot Size Units SquareFeet
Lot Size Source Appraiser
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features FamilyRoom
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Total Bedrooms 5
Electric On Property Y/N N
Total Baths 3
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Internal Only
Street Number 1 2479
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* Excluded Features
List By
Compass

Broker

(323) 844-1710

Phone

Affordability Calculator

$6,950
Per Month
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0%
0%
Monthly Principal & Interest
$6,950
Monthly Property Taxes
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/10/2024$995,000 Listed Price

Map


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2479 Lincoln Avenue, Altadena, CA, 91001 is a Multi-Family Home for sale at $995,000 with 2,225 sqft and a lot size of 0.2119. 2479 Lincoln Avenue has 5 bedrooms, 3.0 baths, and was built in 1950. The property's zip code is 91001 which is in Altadena, CA