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Commercial Property — 1435 Lincoln Avenue, Pasadena, CA

$4,895,000

1435 Lincoln Avenue, Pasadena, CA

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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 details

Square feet
5,824
Year built
1961
Property type
CommercialSale

Location

1435 Lincoln Avenue • Pasadena, CA 91103

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Listed by

Steven Mansour · WestCoast Realty & Management