3103 Lincoln Avenue

Altadena, CA 91001

$1,499,999

For Sale
  • 4 Beds
  • 3 Bathrooms
  • 2,622 sq ft

Local Information

About this home

Charming Altadena Triplex with Huge Development Potential – A Smart Investor's Dream Opportunity Welcome to a rare find in the heart of Altadena, a well-maintained triplex nestled on an expansive 8,700+ sq. ft. lot with endless possibilities! With three current tenants on month-to-month leases paying under-market rents, this property offers immediate cash flow and a host of opportunities for savvy investors, developers, or even first-time homebuyers looking to capitalize on the robust Altadena real estate market. Property Highlights: Three units in great condition, providing a stable rental income stream. Month-to-month leases offer flexibility for immediate rent increases or renovations. Huge 8,700+ sq. ft. lot with development potential – a dream canvas for creative investors. Covered carport with potential for ADU (Accessory Dwelling Unit) conversion, allowing for additional rental income or living space. Prime Altadena location, just minutes from shops, dining, parks, and easy access to Pasadena and Downtown Los Angeles. The Development Opportunity: The sheer size of this 8,700+ sq. ft. lot opens up a world of options for the astute investor. Zoned for multi-family use, the lot’s size, shape, and current layout are ideal for someone looking to expand, redevelop, or reim

Home Highlights

No Info
None
No Info
$172
Cooling Only
2 months ago

Home Details for 3103, Lincoln Avenue

Interior Features

Interior Features

  • Fireplace: See Remarks
  • Laundry: See Remarks

Beds & Baths

  • Number of Bathrooms: 3
  • Number of Bedrooms: 4

Heating & Cooling

  • Cooling: See Remarks

Exterior Features

Parking & Garage

  • Garage: No Garage

Pool & Views

  • Pool: None
  • Private Pool: No Private Pool
  • Views: Other

Water & Sewer

  • Water Source: Public
  • Sewer: Public Sewer

Property Information

Property Information

  • Parcel Number: 5829005047
  • Levels: Multi/Split
  • Lot Size (sq ft): 8,767

Property Type & Style

  • Type: Residential
  • Subtype: Detached

Year Built

  • Year: 1955

Location

  • Directions: 3103 Lincoln Ave, Altadena, CA 91001

Listing Attribution

  • Agent Name: ROBERT WATKINS
  • Brokerage: RE/MAX TIME REALTY
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