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Altadena, CA 91001 3103 Lincoln Avenue

$1,500,000

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Presented By: Trinidad Gaeta with Re/Max Top Producers; 626-552-8637
  • MLS# TR24042735
  • 03/01/2024
  • Request Tour
  • Request Info
  • BedBeds • 4
  • BathBaths • 3
  • FootageSQFT • 2,622
  • GarageGarage • 1

Home Details

Nestled in the charming community of Altadena, California, this triplex offers a fantastic investment opportunity or a delightful residence for those seeking both comfort and convenience. The property comprises three well-maintained units, each boasting a blend of modern amenities and timeless features. The largest unit features 2 bedrooms and 1 bathroom, providing ample space for comfortable living. The two additional units consist of 1 bedroom and 1 bathroom each, offering cozy yet functional spaces. All units showcase the warmth of hardwood floors, creating an inviting atmosphere. The 2-bedroom unit provides dual carport parking, while the other two units each come with one designated parking space, ensuring hassle-free parking for residents. This property also offers practical amenities such as a shared laundry room and storage space attached to the garage, providing added convenience for residents. The location is a highlight, being near local transportation, freeways, parks, and picturesque hiking trails. Whether you're an investor seeking a promising opportunity or someone looking to live in one unit and rent out the others, this triplex provides a versatile and appealing option. Don't miss the chance to be part of Altadena's thriving community – make this property your next savvy investment or comfortable home!
Presented By: Trinidad Gaeta with Re/Max Top Producers; 626-552-8637

Interior Features for 3103 Lincoln Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesLivingRoom
Fireplace Y/NYes
FlooringLaminate
Heating Y/NNo
Laundry FeaturesCommonArea
Street SuffixAvenue
Total Stories2

Other Rooms

Entry Level1

General for 3103 Lincoln Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces4.0
Carport Y/NYes
CityAltadena
Community FeaturesFoothills, StreetLights, Sidewalks
Construction MaterialsFrame
ContingencyNone .. buyer is to cooperate with the Seller's 1031 exchange at no cost to the buyer.
CoolingWallWindowUnits
CountyLos Angeles
Days on Market13
Directions210 Fwy Northbound exit Lincoln then continue North pass Altadena Dr to PIQ on West side of Street.
Electric Expense0.0
Entry LocationFront
Expected Active Date 2024-03-02
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income1080.0
HOA0.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense1486.0
Interior FeaturesBedroomonMainLevel
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional, FHA, FannieMae, FreddieMac
Lot Size Square Feet8767.0
MLS Area604 - Altadena
MobileHomeRemainsYNNo
Net Operating Income36772.4
New ConstructionNo
Number of Units Leased3
Operating Expense14654.3
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameLincoln
Tax Lot31
Taxes$18,750
Tenant PaysElectricity, Gas
Total Units3
Trash Expense900.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
View Y/NNo
Water Sewer Expense960.0
Waterfront Y/NNo
Year Built1955
Year Built SourcePublicRecords
ZoningLCC2*

Exterior for 3103 Lincoln Avenue

Building Area Total2622.0
Crops Included Y/NNo
FencingBlock
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, FrontYard, StreetLevel
Lot Size Acres0.2013
Lot Size Area8767.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDetachedCarport, Paved, Private, RVAccessParking, OneSpace
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,500,000
MLS#TR24042735
List Date 03/01/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors