#DW25027813, Rickird Rey Ramirez, Listing Office: Ally Commercial Real Estate
![My Valley Realty MLS Logo](https://rocket.com/homes/mls-logos/IDX_580.png)
$10,000
closing credit¹
523 Lincoln Ave Pasadena, CA 91103
Property details
About 523 Lincoln Ave
Welcome to this beautifully updated 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.
Highlights
Summary
- MLS Number: SR25030136
- MLS Name: CRMLS
- Office Name: My Valley Realty
- Office Phone: (818) 294-0373
- Listing Agent: Soraaya Eslamieh
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 2/12/2025, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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![view of front of home with a front lawn](/homes/listing-images/50428124_S0405/S0405/S0405-R0100/1106966880/2003786194173.jpg?version=1739226061&width=640)
$1,699,500
523 Lincoln Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 12, 2022 | Home Sold | $1,350,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,404,539 | $16,203 |
2023 | $1,377,000 | $16,069 |
2022 | $44,064 | $1,209 |
2021 | $43,201 | $1,167 |
2020 | $42,759 | $1,141 |
2019 | $41,921 | $984 |
2018 | $41,100 | $958 |
2017 | $40,296 | $958 |
History based on county public records data.
Nearby schools
4
James Madison Elementary School
Public District KG-5
0.9 mi
•515 E Ashtabula St
3
Washington Elementary STEM Magnet School
Public District KG-5
1.3 mi
•1520 N Raymond Ave
5
San Rafael Elementary School
Public District KG-5
1.6 mi
•1090 Nithsdale Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $87,127. The majority of Pasadena, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
Similar homes for sale
This home is located at 523 Lincoln Ave in Pasadena, CA and zip code 91103 in the The Verdugos neighborhood. This 1,979 square foot home, which was built in 1924, sits on a 0.22 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $1,699,500.
In January 2025, from all listings sold in Pasadena, CA there were more than 22 sold above asking price, over 23 sold below and more than 9 were sold right at the asked price. Between December and January 2025, Pasadena, CA real estate market has seen increase in the number of listings by 16.2%. In January 2025 median list price was $1,218,933 and the average listing age was 47 days.