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Key Details
Sold Price $1,780,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,392 sqft
Price per Sqft $330
MLS Listing ID 20-635840
Sold Date 12/11/20
Style Spanish
Bedrooms 8
Construction Status Repairs Major, Repair Cosmetic, Fixer
Year Built 1925
Lot Size 0.251 Acres
Acres 0.2513
Property Sub-Type Multi-Family
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.
Location
State CA
County Los Angeles
Area Pasadena Nw
Zoning PSR3
Rooms
Other Rooms None
Interior
Interior Features 220V Throughout
Heating Other
Cooling None
Flooring Wood, Wood Under Carpet, Mixed, Hardwood
Equipment None
Laundry None
Exterior
Parking Features Detached
Garage Spaces 6.0
Pool None
Amenities Available None
Waterfront Description None
View Y/N No
View None
Roof Type Asphalt
Building
Story 2
Foundation Other
Sewer In Street
Architectural Style Spanish
Structure Type Stucco
Construction Status Repairs Major, Repair Cosmetic, Fixer
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
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.
Bought with Coldwell Banker Realty
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891