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Key Details
Sold Price $1,780,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20635840
Year Built 1925
Lot Size 10,890 Sqft
Property Description
INVESTORS YOU DECIDE...REHAB, CONDO CONVERSION, or NEW DEVELOPMENT. This 8-unit apartment building, Zoned PSR3, is near the N. Orange Grove and Lincoln Ave. corridor where new commercial and residential projects are currently in progress. Property is being sold, AS IS, No Concessions, No Termite, No Repairs. This property needs major work, i.e., termite damage, new plumbing, electrical, and roof. This investment opportunity has great potential and is ideal for contractors and investors. It will not qualify for traditional financing. Broker does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of the property provided by the seller, obtained from public records, or other sources. The buyer is advised to independently verify the accuracy of all information listed in the MLS through personal and professional inspection. Property is 100% vacant. Sale to include 540 Lincoln APN 5726-015-016 & 524 Lincoln 5726-015-016.
Location
State CA
County Los Angeles
Area 645 - Pasadena (Nw)
Zoning PSR3
Interior
Cooling None
Flooring Wood
Laundry None
Exterior
Parking Features Detached Carport
Pool None
View Y/N No
View None
Building
Story 2
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Bought with Matt Cuong Ly • Coldwell Banker Realty
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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