CA > Pasadena
Pasadena, CA 91103,965 N Summit Ave
Pasadena, CA 91103,965 N Summit Ave
Pasadena, CA 91103,965 N Summit Ave
Pasadena, CA 91103,965 N Summit Ave
Pasadena, CA 91103,965 N Summit Ave
Pasadena, CA 91103,965 N Summit Ave
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Armand Martin

Armand Martin

+1(661) 221-5011
$ 1,550,000
Est. payment | /mo

9 Beds

6 Baths

4,275 SqFt

Save
$ 1,550,000
Est. payment | /mo
Save

9 Beds

6 Baths

4,275 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,275 sqft

Price per Sqft $362

MLS Listing ID 25540149

Style California Bungalow

Bedrooms 9

Year Built 1958

Lot Size 0.276 Acres

Acres 0.2757

Property Sub-Type Multi-Family

Property Description

REDUCED and ready to sell! 6 Units for sale in Prime Pasadena. One of the 2+1's units is vacant. 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.

Location

State CA

County Los Angeles

Area Pasadena Nw

Zoning PSR1

Rooms

Other Rooms None

Interior

Heating Other

Cooling Window Unit(s)

Equipment Range/Oven, Refrigerator

Exterior

Parking Features Carport

Garage Spaces 12.0

Building

Story 1

Architectural Style California Bungalow

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

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Armand Martin

+1(661) 221-5011

armand.martin@exprealty.com

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965 N Summit Ave