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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.
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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 | 226 |
| Original List Price | $4,895,000 |
| Date Updated | March 17, 2026 |
| 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 March 17, 2026 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.
Robert Crawford
REAL ESTATE AGENT