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$4,895,000

FOR SALEActive

1435 Lincoln Avenue

Pasadena CA 91103

5,824

SF

Mixed Use

Type

1961

Built

$840/SF

Cost/SF

410 days on marketNalren refreshed

Listing Agent

Steven Mansour

Listing Agent

DRE #: 01889579

(310) 991-2092

Brokerage: WestCoast Realty & Management

Location Analysis

MapProperty Location

About This Property

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.

Property Information

Property Overview

Commercial - MixedUse

Property Type

Active

Status

0.5379 acres

Lot Size

5,824 SF

Square Footage

$840.49/SF

Price per SF

$17,574.91

Annual Tax

1,961

Year Built

1

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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