Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1435 Lincoln Ave Pasadena, CA 91103

    For Sale
    $4,895,000

    Ready-to-Issue permits for 8 residences and 3 commercial spaces.

    Lot size:
    0.54 Acres

    Property Features for 1435 Lincoln Ave

    General Information

    Lot size
    0.54 Acres

    Building Details

    Year built
    1961

    Source: WestCoast Realty & Management Agent Steven Mansour

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pasadena Mixed-Use Development Opportunity

    This is a mixed-use development opportunity located in Pasadena. The property features a 23,349 sq. ft. lot with RTI (Ready-to-Issue) permits in place. The permits allow for the construction of 8 luxury residential units and 3 ground-floor commercial spaces. The site is positioned as a blend of upscale living and income-producing retail. Older buildings are present on the lot and are to be demolished. The property is located in a thriving Pasadena corridor.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pasadena
    County
    Los Angeles
    State
    California
    Longitude
    -118.1599829
    Latitude
    34.171094

    Nearby Similar for Sale

    • $1,500,000
      4,068 SF

      Pasadena Development Opportunity

      Development opportunity in prime Altadena location, close to shops and freeway.
      1736 N Sierra Bonita Ave, Pasadena, CA 91104
      View Details
    • $1,655,000
      2,057 SF

      Pasadena Mini-Compound with Development Potential

      Two detached units on a large lot with development potential.
      261 N Oak Ave, Pasadena, CA 91107
      View Details
    • $3,800,000
      4,480 SF

      Pasadena Freestanding Office Building

      Turn-key, high-image creative space in Pasadena, California.
      60 W Bellevue Dr, Pasadena, CA 91105
      View Details
    • $2,100,000
      Pending

      Craftsman Duplex in Madison Heights

      Two legal units in Pasadena's desirable Madison Heights neighborhood.
      761 S Los Robles Ave, Pasadena, CA 91106
      View Details
    • $1,199,997
      1,928 SF

      Pasadena Duplex Near Rose Bowl

      Pasadena duplex with value-add potential near the Rose Bowl.
      1380 Glen Ave, Pasadena, CA 91103
      View Details
    • $895,000
      1,915 SF

      Craftsman Duplex with Bonus Bungalow

      Charming, turnkey Craftsman with bungalow, ideal for family or income.
      175 Painter St, Pasadena, CA 91103
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Ready-to-Issue permits for 8 residences and 3 commercial spaces.
    Where is this mixed-use property located?
    The property is located at 1435 Lincoln Ave Pasadena, CA.
    What is the asking price?
    The asking price for this property is $4,895,000.
    What are key features of this property?
    This property features: - Fully RTI (Ready-to-Issue) permits in place, saving years of entitlement work.; - Entitled for **8 luxury residential units**.; - Includes **3 ground-floor commercial spaces** for income-producing retail.
    (310) 991-2092
    Request Owner's contact information
    1435 Lincoln Ave Pasadena, CA 91103
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1435 Lincoln Ave
    Pasadena, CA 91103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1435 Lincoln Ave Pasadena, CA 91103
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.