1910 & 1918 Lincoln Avenue Pasadena, CA ^$ 3,999,000

1910 & 1918 Lincoln Avenue

^$ 3,999,000

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Recently Listed

1910 & 1918 Lincoln Avenue

Pasadena, CA, 91103

^$ 3,999,000

Bedrooms16 Baths2.1 Sq 8,430

Monthly Estimate*

^$ 27,934

Listed by Homes Realty

1910 & 1918 Lincoln Avenue, Pasadena, CA 91103 - Image 1

1910 & 1918 Lincoln Avenue, Pasadena, CA 91103 - Image 2

1910 & 1918 Lincoln Avenue, Pasadena, CA 91103 - Image 3

1910 & 1918 Lincoln Avenue, Pasadena, CA 91103 - Image 4

1910 & 1918 Lincoln Avenue, Pasadena, CA 91103 - Image 5

1910 & 1918 Lincoln Avenue, Pasadena, CA 91103 - Image 6

1910 & 1918 Lincoln Avenue, Pasadena, CA 91103 - Image 7

1910 & 1918 Lincoln Avenue, Pasadena, CA 91103 - Image 8

1910 & 1918 Lincoln Avenue, Pasadena, CA 91103 - Image 9

Multi-Family Home for sale in Pasadena, CA

for $3,999,000 with 16 bedrooms and 2 full baths, 1 half bath. This 8,430 square foot home was built in 1949 on a lot size of 0.3284.

5.5% CAP Rate Beautiful Garden Style 16 Units Apartment in NW Pasadena. Two 8-units Buildings. Most units are updated. 100% Leased. Full Address is 1910 & 1918 Lincoln Ave., Pasadena, CA 91103. 2 Parcels (5825-014-003 & 5825-014-002). Unit Mix of (12) 1Bed+1Bath, (2) 2Bed+1.5Bath, & (2) Studio. 14 Parking spaces and shared laundry on site. Excellent upside in rents. Hardly any vacancy. Very easy to manage. Drive By Only.

Multi-Family Active

Price

^$ 3,999,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.3284

Year Built

1949

Town/City

Pasadena

County/Region

Los Angeles

MLS | Web ID

AR24068611

Days on Market

Features

General

Sewer PublicSewer

Zoning PSR1

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1949

Property SubType Apartment

Gross Income 0.0

Community Features Sidewalks

Additional Parcels Description 5825014002

County Los Angeles

Net Operating Income 222370.0

Operating Expense 93182.0

Insurance Expense 13350.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions North of Fwy 210. Corner of Wyoming St & Lincoln Ave

City Pasadena

Entry Location front

View Y/N N

Senior Community Y/N N

Open Parking Spaces 14.0

Total Units 16

MLS Area 645 - Pasadena (NW)

Lot Size Square Feet 14306.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 16

Street Name Lincoln

Listing Terms Cash CashtoNewLoan Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 1173.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 1.0

Water Sewer Expense 11757.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 3

Total Actual Rent 315552.0

Property Sub Type Additional Apartment

Taxes 50000.0

Cap Rate 5.56

Exterior

Water Source Public

Total Parking 14.0

Lot Size Area 14306.0

Number of Buildings 2

Spa N

Building Area Total 8430.0

Lot Size Acres 0.3284

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 16

Number of Separate Electric Meters 18

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features LaundryRoom

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1910

* Excluded Features

List By

Homes Realty

Broker

(626) 286-1000

Phone

Affordability Calculator

$27,934

Per Month

Monthly Principal & Interest: $27,934
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

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

Trends
Schools

Multi-family listings in Pasadena, CA

Average List Price ^$2,721,646

Percent of Sale Price 32%

About Pasadena, CA

141,450 Population

6% Since 2002

^$77,514 Median Income

39.52 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$3,999,000		Listed Price

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1910 & 1918 Lincoln Avenue, Pasadena, CA, 91103 is a Multi-Family Home for sale at $3,999,000 with 8,430 sqft and a lot size of 0.3284. 1910 & 1918 Lincoln Avenue has 16 bedrooms, 2.1 baths, and was built in 1949. The property's zip code is 91103 which is in Pasadena, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1910 & 1918 Lincoln Avenue

Multi-Family Home for sale in Pasadena, CA

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