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$1,625,000 Just Listed
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Property Description
Welcome to this beautifully upgraded multi-unit property in the highly sought-after Bristol Cypress neighborhood of Pasadena. Situated on a large lot, this rare offering includes three separate addresses - 523, 525, and 527 Lincoln Ave - and delivers both immediate value and long-term upside.
Over the past three years, the property has undergone extensive improvements. All three units feature upgraded electrical panels, with costly underground wiring completed for long-term reliability. Each unit has been refreshed with new flooring, cabinets, interior paint, and appliances, creating a modern, turnkey living experience. Exterior upgrades include repaired wood siding, fresh exterior paint, new front fencing with a rolling gate, and low-maintenance artificial turf. The carport has been improved with newly poured concrete and a roof featuring partially new shingles, adding both functionality and durability. The front home (527 Lincoln Ave) offers 2 bedrooms and 1 bathroom, while the rear duplex (523 & 525 Lincoln Ave) consists of two 1-bedroom, 1-bath units, each with a comfortable living area. All three units have separate gas and electrical meters, with water currently serviced by a single meter to the front unit. The property will be delivered without existing occupants, presenting an ideal opportunity for owner-occupants, investors, or developers. Live in one and rent the others, or maximize income across all three units. The expansive lot also provides future development potential, with the possibility of adding additional multi-unit structures at the rear (buyer to verify with the City of Pasadena). Just minutes from the Rose Bowl and close to Pasadena's popular dining, shopping, and vibrant downtown scene, this property combines location, condition, and upside - a rare find in one of Pasadena's most desirable neighborhoods.
Full Property Details
Full Property Details for 523 Lincoln
General
- Price: $1,625,000
- Status: Active
- Type: Triplex
- Source: MRMLS
- MLS ID: SR26031661
- Updated: 2/13/2026
- Days on Market: 3 days
- Added to Site: 3 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Kitchen, Living Room
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Location
- County: Los Angeles
- Driving Directions: Orange Grove Blvd to Lincoln Ave
School Information
- School District: Pasadena Unified
Community
- Community Features: Sidewalks
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Triplex
- Common Walls: No Common Walls
- Entry Location: Front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,979
- Sq. Ft. Source: Assessor
- Year Built: 1924
- Year Built Source: Assessor
Lot Features
- Property View: Mountain(s), Neighborhood
- Lot Size (Acres): 0.2201
- Lot Size (Sq. Ft.): 9,587
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $821.12
Disclosures and Reports
- Special Conditions: Standard
Listed by My Valley Realty, Soraaya Eslamieh
Get Pre-Approved Today
Schools
Schools serving 523 Lincoln
School District:Pasadena Unified School District
| Name | Grades | Distance |
|---|---|---|
Madison Elementary School, Pasadena, CA 515 East Ashtabula Street, Pasadena, CA 91104 | K-5 | 0.9 mi |
Octavia E. Butler Magnet School 1505 North Marengo Avenue, Pasadena, CA 91103 | 6-8 | 1.3 mi |
John Muir High School 1905 N. Lincoln Ave., Pasadena, CA 91103 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 523 Lincoln
Date
Details
Price
Change
Source
2/11/2026
Listed
$1,625,000
20.37%
MLS
4/14/2022
Sold
$1,350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 523 Lincoln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,990
6%
$1,432,629
4%
2023
$16,070
1228%
$1,377,000
3025%
2022
$1,210
4%
$44,064
2%
2021
$1,168
2%
$43,201
1%
2020
$1,147
—
$42,759
2%
2019
$1,142
16%
$41,921
2%
2018
$985
3%
$41,100
2%
2017
$958
5%
$40,296
2%
2016
$912
1%
$39,507
2%
2015
$899
-1%
$38,914
2%
2014
$910
1%
$38,152
—
2013
$904
—
$37,980
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 523 Lincoln
523 Lincoln, Pasadena, CA 91103 (MLS# SR26031661) is a Triplex property with 4 bedrooms and 3 full bathrooms. 523 Lincoln is currently listed for $1,625,000 and was received on February 11, 2026. Want to learn more about 523 Lincoln? Do you have questions about finding other Triplex real estate for sale in Pasadena? You can browse all Pasadena real estate or contact a Coldwell Banker agent to request more information.

