839 N Summit Avenue, Pasadena, CA 91103

  • $4,429,000
839 N Summit Avenue, Pasadena, CA 91103
Active
839 N Summit Avenue, Pasadena, CA 91103
839 N Summit Avenue, Pasadena, CA 91103
  • $4,429,000

Description

Introducing an exceptional opportunity to acquire Summit Apartments, a value-add property located in the desirable Villa Parke community of Pasadena.

5 units ready for immediate move in including 3 units fully remodeled and 9 units with long term tenants. This apartment building offers a combination of one- and two-bedroom units, featuring amenities such as new laminate wood flooring and private balconies. The property is situated in a gated community and includes a laundry room, covered parking, and copper plumbing. Built in 1989, this asset presents significant potential for rental income growth. The building includes 9 units with long-term, well-established tenants and 5 vacant units, each 1-bedroom, 1-bath. 3 of these vacant units have been fully renovated, boasting new floors, fresh paint, updated kitchens, and modern bathrooms allowing the new owner the flexibility to choose and put their own tenants in place right away.

  • Address 839 N Summit Avenue
  • City Pasadena
  • State/county CA
  • Zip/Postal Code 91103
  • Country US

Details

Updated on February 26, 2025 at 8:33 pm
  • Property ID: OC25017098
  • Price: $4,429,000
  • Property Size: 8902 Square Feet
  • Land Area: 0.3442 Acres
  • Garage Size: x x
  • Year Built: 1989
  • Property Type: Condominium, Residential Income
  • Property Status: Active

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  • Hoyt Hochman