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523 Lincoln Ave, Pasadena, CA 91103

List Price: $1,699,500On Market FlagOn market
Mar 28, 20251,979 sqft4 beds3 baths
Listed by: Farid Eslamieh
License #: 01208488
Phone #: 818-433-4400
Remax Stone Oak Realty
Source:
CRMLS Logo
MLS #: SR25068283

Property Description

Welcome to this beautifully updated 3 unit property, located in the highly sought-after historic Bristol-Cypress neighborhood of Pasadena. This unique offering includes three addresses—523, 525, and 527 Lincoln Ave—and sits on nearly a quarter-acre of prime land, providing incredible potential. Each of the three properties has been fully renovated with new flooring, fresh paint, and an upgraded electrical system throughout. The main house features two spacious bedrooms and one well-appointed bathroom, creating a modern and comfortable living space. At the rear of the property, you'll find a duplex, with each unit offering 1 bedroom, 1 bathroom, and a cozy living area. All three properties will be delivered vacant, presenting an excellent opportunity to live in one and rent the other two, or simply capitalize on this fantastic income-producing asset. Located just a short stroll from the iconic Rose Bowl and offering easy access to Pasadena's trendy restaurants, shops, and vibrant downtown area, this property is perfectly situated in a highly desirable neighborhood. The expansive lot also offers future development potential, with the possibility to build additional multi-unit structures at the rear. Don't miss out on this rare opportunity in one of Pasadena's most coveted locations.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,789

TurboHome Estimated Value

$1,542,700

$780 sqft

High Valuation
$1,619,835
$819/sqft
Normal Valuation
$1,542,700
$780/sqft
Low Valuation
$1,465,565
$741/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$780/sqft$1,542,700

Neighborhood: West Central

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Comparative Value

$965K

$1.17M

$1.22M

$1.60M

$1.70M

431 N Los Robles Ave 7, Pasadena, CA 91101

Sale Price: $965,000

Selected Comparable

286 N Madison Ave 109, Pasadena, CA 91101

Sale Price: $999,000

Selected Comparable

102 E Mountain St, Pasadena, CA 91103

Sale Price: $1,170,000

Selected Comparable

504 N Catalina Ave, Pasadena, CA 91106

Sale Price: $1,220,000

Selected Comparable

470 Prospect Blvd, Pasadena, CA 91103

Sale Price: $1,600,000

Selected Comparable

523 Lincoln Ave, Pasadena, CA 91103

List Price: $1,699,500

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
523 Lincoln Ave, Pasadena, CA 91103

523 Lincoln Ave, Pasadena, CA 91103

List: $1,699,500

Listed: 3/28/2025

Area:1,979 sqft
Price/sqft:$859
Beds:4
Baths:3
Year Built:
Lot Size:9,587

Comparable Properties

COMPARABLE
Choose comps
102 E Mountain St, Pasadena, CA 91103

102 E Mountain St, Pasadena, CA 91103

Sale: $1,170,000

3/21/20250.60 mi

Area:1,629 sqft
Price/sqft:$718
Beds:4
Baths:3
Year Built:
Weight:22.3%
470 Prospect Blvd, Pasadena, CA 91103

470 Prospect Blvd, Pasadena, CA 91103

Sale: $1,600,000

4/25/20250.27 mi

Area:1,917 sqft
Price/sqft:$835
Beds:3
Baths:3
Year Built:
Weight:21.6%
504 N Catalina Ave, Pasadena, CA 91106

504 N Catalina Ave, Pasadena, CA 91106

Sale: $1,220,000

11/8/20241.42 mi

Area:1,766 sqft
Price/sqft:$691
Beds:4
Baths:3
Year Built:
Weight:21.2%
286 N Madison Ave 109, Pasadena, CA 91101

286 N Madison Ave 109, Pasadena, CA 91101

Sale: $999,000

10/31/20240.94 mi

Area:1,782 sqft
Price/sqft:$561
Beds:3
Baths:3
Year Built:
Weight:17.5%
431 N Los Robles Ave 7, Pasadena, CA 91101

431 N Los Robles Ave 7, Pasadena, CA 91101

Sale: $965,000

3/21/20250.69 mi

Area:1,580 sqft
Price/sqft:$611
Beds:3
Baths:3
Year Built:
Weight:17.5%

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