965 N Summit Ave

Pasadena, CA 91103
  • $1,699,000

    Price
  • 9

    Bed
  • 6

    Bath
  • 4,275

    SqFt

About the Listing CLW-X81461 - CLW-X94991

6 Units for sale in Prime Pasadena. One of the 2+1's units will be delivered vacant at COE . Two Buildings consisting of 3 units per building. Both buildings sit on a large 12,008 SF lot. Excellent value-add multifamily opportunity that features (6) total units: Three 2bed +1 bath, three 1bed +1 bath units and there is room to build 3+ ADUs (buyer to verify). Rents are currently on the lower side so there's about 30% upside to be had and one of the 2+1's will be delivered vacant at COE. Located in a strong rental area near transit, amenities, & the 210 freeway. A great option for investors seeking income, development potential, or a 1031 exchange opportunity. Projected GRM after Value-Add is a very low 9.

Listing Highlights for 965 N Summit Ave

Status Active
Days on Site 99
Property Type Multi-Family
MLS ® 25540149
Year Built 1958
Total Square Footage 4,275
Lot/Acreage 0.28

Interior Details

  • Bedrooms: 9
  • Bathrooms: 6 Full
  • Appliances: Refrigerator
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 12
  • Zoning: PSR1
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Carport

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5728003033
  • Tax Year: N/A

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965 N Summit Ave Pasadena, CA 91103

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Originating MLS: CA_CRISNET

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