965 N Summit Avenue, Pasadena, CA 91103

  • $1,595,000
965 N Summit Avenue
ResidentialIncome Active
965 N Summit Avenue, Pasadena, CA 91103
965 N Summit Avenue
  • $1,595,000

Overview

Property ID: HZ25540149
  • 9
  • Bedrooms
  • 6
  • Bathrooms
  • 4275
  • Sq Ft
  • 1958
  • Year Built

Description

REDUCED by $104,000! 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.

  • Address Summit
  • City Pasadena
  • State/county Los Angeles
  • Zip/Postal Code 91103

Details

Updated on September 19, 2025 at 5:07 am
  • Property ID: HZ25540149
  • Price: $1,595,000
  • Property Size: 4275 Sq Ft
  • Land Area: 0.2757 SquareFeet
  • Bedrooms: 9
  • Bathrooms: 6
  • Year Built: 1958
  • Property Status: ResidentialIncome
  • Listed by: Sam Shakerchi
  • DRE #: 01868195
  • Contact Mail: samshakerchi@gmail.com
  • Brokered by: Compass

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