$10,000

closing credit¹

523 Lincoln Ave Pasadena, CA 91103

$1,699,500
4 beds
3 full
1,979 sqft
0.2 acres
$859 / sqft
Multi-Family

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

Home typeTriplex
StatusActive
CoolingCentral Air
Size1,979 sqft
Lot size0.2201 Acres
Year built1924
MLS #SR25030136
FireplaceLiving Room
ViewNeighborhood

Summary

  • MLS Number: SR25030136
  • MLS Name: CRMLS
  • Office Name: My Valley Realty
  • Office Phone: (818) 294-0373
  • Listing Agent: Soraaya Eslamieh

IDX 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.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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

$1,699,500

523 Lincoln Ave

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
May 12, 2022
Home Sold
$1,350,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

8%
<35k
58%
35k-100k
30%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
15%
Single, with Kids
11%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
9%
12-17 yrs old
33%
18-34 yrs old
37%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • H&MH&M

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • ChipotleChipotle

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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