691 Lincoln Avenue, Pasadena, California 91103, Pasadena, 91103 - bed, bath
691 Lincoln Avenue
Pasadena, California 91103
Property Price
SUMMARY
Analysis of 691 Lincoln Avenue, Pasadena, California 91103 is currently available with a list price of $900,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Pasadena Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1961, the property has received some important updates like a new roof (2020) and newer windows, indicating basic maintenance. However, the listing explicitly states it's 'perfect for investors looking to modernize,' and the absence of interior photos, particularly of kitchens and bathrooms, strongly suggests these areas are original or significantly outdated, requiring substantial renovation to meet contemporary standards and maximize rental income. The exterior appears functional but not modern, and the yard is somewhat unkempt.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Duplex
The property features two 2-bedroom, 1-bathroom units, providing immediate rental income and a strong foundation for an investment portfolio.
- ADU Potential & Favorable Zoning
Situated on an expansive lot with RM-12 zoning, there is significant potential to add a third Accessory Dwelling Unit (ADU), enhancing future income and property value.
- Prime Pasadena Location
Boasting a highly desirable location just east of the Rose Bowl, with convenient access to freeways and Old Town Pasadena, ensuring strong tenant demand and appreciation potential.
CONSRISKS & DEFICIENCIES
- Tenant Occupancy & Access Limitations
The property is delivered fully occupied, which may present challenges for showings, inspections, and immediate renovation plans, requiring careful tenant management.
- Need for Modernization
While structurally sound, the units likely require modernization and updates to maximize rental income and appeal to contemporary tenants, as suggested by the listing.
- Age of Property
Built in 1961, the property's underlying infrastructure and systems are older, potentially necessitating future maintenance or upgrades beyond the recent roof and window replacements.
About 691 Lincoln Avenue
Start the year with a great opportunity! 2 UNITS, both are 2-bed, 1-bath, with a living room, and dining room, separated by a 2-car carport. Located on an expansive, large lot with plenty of room to add a third unit ADU (Check with the city, property is zoned RM-12). GREAT LOCATION - Located just east of the Rose Bowl, and minutes away from the freeway, and Old Town Pasadena. The property was built in 1961 and has a total of 1800 sq.ft. (900 sq.ft. a unit), and lot size of 7,665 sq.ft. The property is gated with a long concrete driveway, has newer windows, and the roof was installed in 2020. Property is delivered fully occupied. Please do not disturb tenants. This property is perfect for investors looking to modernize and maximize rental income. Don't miss out on this opportunity!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1961
- Lot Size
- 7,665 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,800 | 1,915 | 17% |
| Lot Size | 7,665 | 7,382.5 | 50% |
| Price | $900.0K | $1.10M | 50% |
| Price per sq ft | $500 | $495 | 50% |
| Built year | 1961 | 1935 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 123 | 17% |
Pricing History
Listed for Sale
Dec 31, 2025
$900,000
Initial Listing