524 Lincoln Avenue, Pasadena, CA 91103
- $1,780,000
- Sold Price
- $1,780,000
- List Price
- $2,100,000
- Closing Date
- Dec 11, 2020
- Status
- CLOSED
- MLS#
- 20635840
- Year Built
- 1925
- Lot Size
- 10,945
- Acres
- 0.25
- Days on Market
- 3
- Property Type
- Multifamily
- Style
- Spanish
Property Description
INVESTORS YOU DECIDE...REHAB, CONDO CONVERSION, or NEW DEVELOPMENT. This 8-unit apartment building, Zoned PSR3, is near the N. Orange Grove and Lincoln Ave. corridor where new commercial and residential projects are currently in progress. Property is being sold, AS IS, No Concessions, No Termite, No Repairs. This property needs major work, i.e., termite damage, new plumbing, electrical, and roof. This investment opportunity has great potential and is ideal for contractors and investors. It will not qualify for traditional financing. Broker does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property provided by the seller, obtained from public records, or other sources. The buyer is advised to independently verify the accuracy of all information listed in the MLS through personal and professional inspection. Property is 100% vacant. Sale to include 540 Lincoln APN 5726-015-016 & 524 Lincoln 5726-015-016.
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Additional Information
- Pool Description
- None
- Cooling Description
- None
- View
- None
- Exterior Construction
- Stucco
- Attached Structure
- Detached
- Number Of Units Total
- 8
Listing courtesy of Listing Agent: Sheila Brittain (sheilabrittain@msn.com) from Listing Office: Sheila Brittain Realty.
Listing sold by Matt Cuong Ly from Coldwell Banker Realty
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.