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Building Size

5,824 sf

Lot Size

23,429 sf

Status

Active

Listing Agent: Steven Mansour, WestCoast Realty & Management

Pasadena

1435 Lincoln Avenue

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.

Neighborhood

This property is located in Pasadena. Want to learn more about the area?

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Asking Price

$4,895,000

Est. Monthly Payment

$31,278/mo

20% down · 6.5% rate · 30yr

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Listing Agent

Steven Mansour

WestCoast Realty & Management