1435 Lincoln Avenue, Pasadena, CA 91103
- $4,895,000
- List Price
- $4,895,000
- Status
- ACTIVE
- MLS#
- SB25222464
- Year Built
- 1961
- Lot Size
- 23,429
- Acres
- 0.54
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 308
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
Prime Mixed-Use Development Opportunity! A rare chance to own a fully RTI (Ready-to-Issue) development project in the heart of Pasadena. This expansive 23,349 sq. ft. lot is entitled for 8 luxury residential units plus 3 ground-floor commercial spaces—a perfect blend of upscale living and income-producing retail. RTI permits in place will save years of entitlement work, build 8 luxury residences with modern design, 3 commercial units for steady rental income, located in a thriving Pasadena corridor and this offers Long-term generational investment potential. This is a one-of-a-kind development opportunity combining residential demand with prime retail exposure. Lots this big don't come along very often. Older buildings on lot to be Demolished.
/u.realgeeks.media/livingbythefoothills/Gil_s_Photo_-_Right_Facing-removebg-preview.png)
Additional Information
- Taxes
- $17,574
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Steven Mansour (smansour83@gmail.com) from Listing Office: WestCoast Realty & Management.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.