tomo logo

$1,180,000

Beds
Unknown
sq ft
Unknown

1758 Lincoln Ave, Pasadena, CA 91103

1758 Lincoln Ave

Pasadena, CA 91103

  • 17 days on market
Turnkey 4-Unit Investment Property – 1758 Lincoln Ave, Pasadena, CA 91103 Fully permitted and extensively upgraded, this high-income-generating four-unit property in Pasadena offers modernized interiors, minimal maintenance costs, and excellent investment potential. A major renovation was completed in 2023, ensuring the property is move-in ready and built for long-term durability. The exterior was just freshly painted, enhancing curb appeal and adding to the property's well-maintained appearance. This multi-unit property features new roofs on both the main house and garage, along with brand-new garage doors for a polished and updated look. The underground master plumbing system was fully replaced three years ago, providing peace of mind and reducing future maintenance concerns. Units 2 & 3 have undergone a complete transformation, with new electrical and plumbing systems, redesigned layouts, modern kitchens, and upgraded bathrooms. These units also feature brand-new windows and five split AC units, ensuring energy efficiency and comfort for tenants. Additionally, all four units have brand-new water heaters, relocated outside with permits, optimizing space and functionality. With significant capital improvements already completed, strong rental potential, and a desirable Pasadena location, this property presents an outstanding investment opportunity. Don’t miss your chance to own a fully upgraded, income-generating asset in a prime area! Schedule a viewing today!

Details

Property type

Apartment

Est. home value

$1,029,024

Lot size

7,123 sq ft

Price per sq ft

Unknown

Year built

1947

Price History

02/06/2025
CRMLS

CRMLS #AR25028255

Listed
$1,180,000
-8.88%
12/11/2024
CRMLS

CRMLS #AR24174265

Removed
$1,295,000
09/19/2024
CRMLS

CRMLS #AR24174265

Price change
$1,295,000
-4.07%

Schools & Community

Neighborhood: 

North Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$591,683
Asking price
$1,180,000
Closing costs (~8% of asking)
-$94,400
Est. remaining loan balance
-$493,917
Cash to seller
$591,683

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

March 2021

Original loan amount

$541,000

Est. remaining balance

$493,917

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Vi On and Kelly Wong

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 6:15 AM

Listing updated: 02/21/2025 at 6:20 PM

Listed by: Henry Liu, CBD Investment Inc. Phone #: (626) 566-2221

MLS: CRMLS #AR25028255

CRMLS logo

Recently listed in Pasadena

$1,300,000|4 bd|1.0 ba|House
$1,899,000|3 bd|3.0 ba|House
$1,299,910|3 bd|2.0 ba|House
$599,000|2 bd|1.0 ba|House
$785,000|2 bd|1.0 ba|House
$1,698,000|4 bd|3.5 ba|House