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Four-Unit Cottage Quadplex
For Sale
$1,400,000

553 Lincoln Ave, Pasadena, CA 91103

MULTI_FAMILY - Pasadena, CA

Property Size1,942 SF
Lot Size0.22 Acres
Price / SF$720.91
Days on Market68

Property Features for 553 Lincoln Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning PSR3
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3
Parking 4
Parking features Carport
Directions 110 to Orange Grove Blvd
Subdivision Pasadena NW
Standard status Active
APN 5726-010-021
Size 1,942 SF
Lot size 0.22 Acres

Utilities

Cooling system Ceiling Fan(s), Wall/Window Unit(s)

Building Details

Year built 1924
Floors in Building 1
Number of units 4
Flooring type Hardwood
Architectural style Cottage
Listing Agency: Compass
Listed By: Rolan Meyer · License #02129783
Added: Jun 8 Changed: Aug 14 Last Checked: Aug 14 at 11:06PM
MLS# 26843273

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit cottage-style multifamily property contains 1,942 square feet on a 0.2198-acre parcel and includes one vacant unit. The 1924 building features hardwood and tile flooring, granite countertops, ceiling fans, wall or window cooling units, and a carport. Plumbing updates were completed in 2023, while electrical improvements were made within the last decade.

The property is near the Metro Gold Line Station, with a grocery store, Starbucks, CVS, and major banking services within a single block. Old Town Pasadena is minutes away and provides dining, retail, and cultural destinations. The property is zoned PSR3 and includes landlord-owned laundry equipment.

Key Highlights

  • Four‑unit property with one vacant unit
  • 1,942 square feet on 0.2198 acres
  • 1924 cottage‑style construction

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Locksmith Wine and Liquor Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

923
Businesses Nearby

Demographics for 91103, CA

26,887
Population
9,392
Households
2.9
Avg Household Size
39
Median Age
38%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
5,845
Density / Sq Mi
$84,683
Median Household Income
$43,591
Median Earnings
$1,925
Median Rent
$960,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Cottage-style multifamily property with one vacant unit and carport parking.
Where is this quadplex located?
The property is located at 553 Lincoln Ave Pasadena, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Four‑unit property with one vacant unit; 1,942 square feet on 0.2198 acres; 1924 cottage‑style construction
More about this property
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