Properties
Pasadena, CA 91103 691 Lincoln Avenue
$900,000
11 more
Presented By: Will Kaliel with Coldwell Banker Residential; 626-497-2227
Baths • 1
SQFT • 1,800
Home Details
Start the year with a great opportunity! 2 UNITS, both are 2-bed, 1-bath, with a living room, and dining room, separated by a 2-car carport. Located on an expansive, large lot with plenty of room to add a third unit ADU (Check with the city, property is zoned RM-12). GREAT LOCATION - Located just east of the Rose Bowl, and minutes away from the freeway, and Old Town Pasadena. The property was built in 1961 and has a total of 1800 sq.ft. (900 sq.ft. a unit), and lot size of 7,665 sq.ft. The property is gated with a long concrete driveway, has newer windows, and the roof was installed in 2020. Property is delivered fully occupied. Please do not disturb tenants. This property is perfect for investors looking to modernize and maximize rental income. Don't miss out on this opportunity!
Presented By: Will Kaliel with Coldwell Banker Residential; 626-497-2227
Interior Features for 691 Lincoln Avenue
Other Interior Features
Air Conditioning Y/NYes
Common WallsNo Common Walls
Heating Y/NYes
Laundry FeaturesCommon Area
Total Stories1
Other Rooms
Entry Level1
General for 691 Lincoln Avenue
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Spaces2
Carport Y/NYes
CityPasadena
Community FeaturesFoothills, Street Lights, Sidewalks
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsGoing north on Lincoln, the property is north of Orange Grove on the left hand side.
Entry LocationFront door
Garage Spaces
Garage Y/NNo
Gross Income27600
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet7665
Lot Size UnitsSquare Feet
MLS Area645 - Pasadena (NW)
Net Operating Income
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Open Parking Spaces5
Operating Expense0
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityPASADENA
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot7
Tenant PaysElectricity, Gas
Total Actual Rent2300
Trash Expense0
Water Sewer Expense0
Year Built1961
Year Built SourcePublic Records
Exterior for 691 Lincoln Avenue
Building Area Total1800
Lot FeaturesFront Yard, Rectangular Lot
Lot Size Acres0.176
Lot Size Area7665
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Parking FeaturesAssigned, Carport, On Street
Private PoolNo
Total Parking7
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
