$1,430,000
553 Lincoln Avenue, Pasadena CA 91103
Multi-Family (4 Units)
Property type
1 day
On market
$736
Price per sqft
N/A
Garage
1924
Year built
9,576 sqft
Lot size
Home highlights
Open Houses
Overview
Opportunities like this don't surface often. 553-559 Lincoln Avenue is a character-rich, four-unit cottage-style property positioned in the heart of Pasadena and it arrives with one unit delivered vacant. That detail opens the door to owner-user financing: conventional loans with lower down payment requirements, better rates, and terms unavailable on pure investment...
Listing provided by: Rolan Meyer DRE #02129783 917-494-4394, Compass
Listing updated: Jun 12, 2026 at 05:50pm.
Last checked: Jun 12, 2026 at 06:30pm
Source: CRMLS #26843273
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 553 | 1 | 1 | — | $0 | $0 | $2,350 | Unfurnished |
| 555 | 1 | 1 | — | $1,661 | $1,661 | $2,350 | Unfurnished |
| 557 | 2 | 1 | — | $2,350 | $2,350 | $2,450 | Unfurnished |
| 559 | 1 | 1 | — | $1,800 | $1,800 | $2,350 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Refrigerator: 4
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
14.7x
List Price / Annual Gross Rent
Cap Rate
4.62%
NOI / List Price
Net Operating Income: $65,996
Interior
Interior Features: Ceiling Fans
Flooring: Wood
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Microwave, Refrigerator
Laundry: Common Area
Exterior
Architectural Style: Cottage
Stories Total: 1
Levels: One
Pool: None
Spa: None
View: None
Garage and Parking
Parking: Carport
Carport Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 5726010021
Zoning: PSR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 553 Lincoln Avenue, Pasadena, CA 91103. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,144,000
Total Interest
$1,459,109
Total Payment
$2,603,109
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,870
per month
Property History for 553 Lincoln Avenue
Pasadena Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91103.
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