523 Lincoln
Pasadena, CA, 91103 $ 1,625,000
Baths1.0 Sq 4,000 Monthly Estimate*
$ 10,005
Listed by My Valley Realty
Studio for $1,625,000 with 1 full bath. This 4,000 square foot home was built in 1924 on a lot size of 0.2201.
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.
See more
FeaturesGeneralSewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1924
Property Subtype Triplex
Gross Income 86400
Community Features Sidewalks
County Los Angeles
Net Operating Income 57500
Operating Expense 25000
Insurance Expense 3200
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Orange Grove Blvd to Lincoln Ave
City Pasadena
Entry Location Front
Senior Community Y/N false
Number Of Units Total 3
MLS Area 647 - Pasadena (SW)
Lot Size Units Square Feet
Lot Size Square Feet 9587
Listing Terms Cash Conventional
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 1200
Water Sewer Expense 4000
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 11
Property Sub Type Additional Triplex
See more
InteriorTotal Stories 1
Common Walls 1 Common Wall
Laundry Features Inside
Entry Level 1
See more
ExteriorLot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 9587
Number of Buildings 2
Building Area Total 4000
Lot Size Acres 0.2201
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
See more
* Excluded FeaturesList Bysoraayaesla@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $10,005
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Pasadena, CA
Average List Price $2,288,094
Percent of Sale Price 41%
About Pasadena, CA 141,450 Population
6% Since 2002
$ 77,514 Median Income
39.52 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/24/2026 | $1,625,000 | | Listed Price |