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For SaleLuxury

$4,895,000

23,431 sqft$209/sqft410 days on market

1435 Lincoln Avenue

Pasadena, CA 91103

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

23,431

Square feet

1961

Built

Listing narrative

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.

Listing agent (MLS): Steven Mansour · Listing brokerage (MLS): WestCoast Realty & Management

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$4,895,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

23,431 sqft

Baths

Baths n/a

Lot Size

0.54 acres

Year

1961

Status

For Sale

Days on Market

410

$ / Sqft

$209

· 8% down, 7% APR, 30yr fixed
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Courtesy of WestCoast Realty & Management