1758 Lincoln Ave Pasadena, CA 91103
Muir Heights NeighborhoodEstimated payment $6,688/month
Highlights
- No HOA
- Laundry Room
- Heating System Uses Natural Gas
- Cooling System Mounted To A Wall/Window
- Bike Trail
- Back Yard
About This Home
Great investment opportunity in Pasadena! This fully renovated 4-unit apartment property is located in a highly desirable area and offers strong rental potential with major upgrades already completed. Improvements include a brand-new roof on both the main building and garage, newer garage doors, a fully replaced master sewer line, and freshly painted exterior. Units 2 and 3 have been completely renovated with modern kitchens, updated bathrooms, new flooring, fresh interior paint, new windows, and split AC units etc. Unit 1 was recently updated with a new kitchen and new bathroom including a new toilet, shower mixer, and faucet. All four units have brand-new water heaters relocated to the exterior with permits for better interior space and functionality. The property also features five split AC units, three single-car garages, and one carport. With quality renovations throughout and minimal maintenance needed, this property is move-in ready and ideal for investors or owner-occupants seeking steady rental income.
Listing Agent
Re/Max Premier Prop Arcadia Brokerage Phone: 626-393-5315 License #01801341 Listed on: 02/13/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 7,123 Sq Ft Lot
- No Common Walls
- Back Yard
Parking
- 3 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 2,080 Sq Ft Home
- 1-Story Property
- Laminate Flooring
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 6491
- Assessor Parcel Number 5825015004
- $1,101 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $780
- Insurance Expense $3,706
- Water Sewer Expense $4,412
- New Taxes Expense $13,428
- Operating Expense $22,613
- Gross Income $76,800
- Net Operating Income $54,187
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,261 | $995,837 | $811,824 | $184,013 |
| 2024 | $11,616 | $976,311 | $795,906 | $180,405 |
| 2023 | $11,518 | $957,168 | $780,300 | $176,868 |
| 2022 | $11,126 | $938,400 | $765,000 | $173,400 |
| 2021 | $5,904 | $472,229 | $376,831 | $95,398 |
| 2020 | $5,689 | $467,388 | $372,968 | $94,420 |
| 2019 | $5,697 | $458,224 | $365,655 | $92,569 |
| 2018 | $5,745 | $449,240 | $358,486 | $90,754 |
| 2017 | $5,670 | $440,432 | $351,457 | $88,975 |
| 2016 | $5,539 | $431,797 | $344,566 | $87,231 |
| 2015 | $5,476 | $425,312 | $339,391 | $85,921 |
| 2014 | $5,390 | $416,981 | $332,743 | $84,238 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/13/2026 02/13/26 | For Sale | $1,099,900 | +19.6% | $529 / Sq Ft | |
| 04/15/2021 04/15/21 | Sold | $920,000 | +0.1% | $442 / Sq Ft | View Prior Sale |
| 03/13/2021 03/13/21 | Pending | -- | -- | -- | |
| 02/22/2021 02/22/21 | For Sale | $919,000 | -- | $442 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $396,000 | Cctn Pasadena Title | |
| Grant Deed | $140,000 | Commonwealth Land Title Co | |
| Trustee Deed | $149,900 | Fidelity National Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $297,000 | New Conventional | |
| Previous Owner | $186,397 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR26025664
APN: 5825-015-004
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Ask me questions while you tour the home.