481 Lincoln Avenue, Pasadena, CA 91103

Local realty services provided by:ERA North Orange County Real Estate
481 Lincoln Avenue,Pasadena, CA 91103
$2,659,000
  • - Beds
  • - Baths
  • 5,061 sq. ft.
  • Multi-family
  • Active
Listed by: kevin lee
Office: coldwell banker envision562-945-2221
MLS#:TR24135943
Source:CRMLS

Price summary

  • Price:$2,659,000
  • Price per sq. ft.:$525.39

About this home

481 Lincoln Ave., Pasadena is a turnkey and upgraded 7 units apartment complex (Unit mix: 4x 1 Bed+1 Bath, 1x 2 Bed+1 Bath, 2x 2 Bed+2 Baths). Class-A Location, and 100% OCCUPIED. ASSUMABLE EXISTING LOAN AT 3.83% UNTIL FEBRUARY, 2029 !!!! 2 story building was built in 1903 and single story building was built in 1952. 2 STORY BUILDING EXTERIOR FAÇADE WERE FULLY RENOVATED AND UPGRADED IN 2021. 5 out of 7 units were also upgraded with New Paint, Kitchen, Bathroom, Flooring. Updated Roof, New Electrical Main Panels and Subpanels. New Plumbing. New Windows. New Driveway Entrance. Each unit is individually metered for electricity and gas. Parking is provided by 5 open spaces between 2 buildings. The property is situated on a large corner lot of approximately 12,011 SF lot size. Great value-add opportunity for a short or long-term investment. The property is in a highly desirable centrally located neighborhood and offers stability for any type of investor whether it may be a...

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Home facts

  • Year built:1903
  • Listing ID #:TR24135943
  • Added:714 day(s) ago
  • Updated:May 23, 2026 at 01:22 PM

Rooms and interior

  • Living area:5,061 sq. ft.

Structure and exterior

  • Year built:1903
  • Building area:5,061 sq. ft.
  • Lot area:0.28 Acres
  • Lot Features:Corner Lot
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,659,000
  • Price per sq. ft.:$525.39

Features and amenities

  • Laundry features:Inside
Based on information from California Regional Multiple Listing Service, Inc. as of June 17, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.