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1435 Lincoln Ave
For Sale $4,895,000
$4,895,000
- Units
- Unknown Sq Ft
- 23,429 Sq Ft
- Unknown Cap Rate
Description
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $4,895,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1961 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5727010040 |
| MLS # | SB25222464 |
| Property ID | 292777349 |
| Lot Sqft | 23,429 |
| Zoning | Unknown |
| Days on Market | 127 |
| Original List Price | $4,895,000 |
| Date Updated | September 22, 2025 |
| Date Created | September 21, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Steven Mansour an agent of . Lic #01889579
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of September 22, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT