60
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
Bay East ©2024 CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 11/10/2024, 4:20:38 PM PDT.