Pasadena, CA

$4,895,000

1435 Lincoln Avenue, Pasadena, CA

1961

Built

176

Days listed

About this home

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.

Facts & features

Interior

Laundry: None

Exterior & lot

Lot size: 0.538 acres (23,429 sq ft)
Year built: 1961

Community

Area: 645 - Pasadena (NW)
County: Los Angeles

Listing details

Status: Active
Property type: Mixed Use
Days on market: 176
Listed: 2025-09-21
Terms: Cash, Cash To New Loan
Parcel #: 5727010040
MLS #: SB25222464

Listed by

Steven Mansour · WestCoast Realty & Management

310-991-2092 smansour83@gmail.comDRE #01889579

Location

Price history

Listed: $4,895,000 · 2025-09-21
Days on market: 176
Current price: $4,895,000

Financing

Could this home be yours?

Estimated monthly payment

$30,707

$24,752 principal & interest · $5,956 taxes & insurance

Down payment (20%)

$979,000

Est. rate (%)

Estimate only

Term (years)

Loan $3,916,000

Estimates only and not a loan offer. Property tax and insurance vary by location. Get pre-qualified below for your actual rate and payment.

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Listing data provided by CRMLS

Listing courtesy of WestCoast Realty & Management. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.