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Listed by: Rolan Meyer (917) 494-4394 DRE #02129783 | Compass (310) 437-7500
$1,430,000
5 Beds
4 Baths
1,942sqft
553 Lincoln Ave, Pasadena, CA 91103
$1,430,000
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Multi Family
Built in 1924
$-- HOA
9,576 sqft lot
$736/sq.ft
Description
Opportunities like this don't surface often. 553-559 Lincoln Avenue is a character-rich, four-unit cottage-style property positioned in the heart of Pasadena and it arrives with one unit delivered vacant. That detail opens the door to owner-user financing: conventional loans with lower down payment requirements, better rates, and terms unavailable on pure investment acquisitions. Live in one, collect rent from three, one of the most effective wealth-building structures in residential real estate. For the investor, the fundamentals are equally strong. In-place income is stable, tenants cover gas and electricity, and landlord-owned laundry equipment adds $150-$200/month in ...
Continue Reading- Houzeo last checked: 3 hours ago
- Listing updated: June 17, 2026 at 10:05 pm
- Source: California Regional MLS-CA | MLS#: 26843273
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1924
HOA Fees
-
Finished Area
1,942 sqft
Lot Size
9,576 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26843273
MLS Status
Active
Days on Market
86
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