965 N Summit Avenue
Pasadena, CA, 91103
$1,699,000
Beds
0 Baths
SqFt
0.28 Acres
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$1,699,000
965 N Summit Avenue
Pasadena, CA, 91103
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.

Property Details

Price:
$1,699,000
MLS #:
25540149
Status:
Active
Baths:
0
Address:
965 N Summit Avenue
Type:
Residential Income
Neighborhood:
645pasadenanw
City:
Pasadena
Listed Date:
May 30, 2025
State:
CA
ZIP:
91103
Lot Size:
12,008 sqft / 0.28 acres (approx)
Year Built:
1958

Schools

Interior

Appliances
Refrigerator

Exterior

Parking Features
Carport
Parking Spots
12.00

Financial

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965 N Summit Avenue
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