842 N Summit Avenue, Pasadena, CA 91103

PRICE REDUCTION OF $125,000. This five-unit multi-family property offers a rare investment opportunity in

one of Pasadena’s most desirable neighborhoods. Built in 1950, the

property features six bedrooms and six bathrooms across 2,894 square

feet of living space on a spacious 10,000- square-foot lot.

With an annual gross rental revenue of approximately $80,000 and a net

yearly income of around $50,000, this asset delivers strong cash flow. It

has ample parking with approximately 9 private parking spaces and AC in

each unit, enhancing tenant appeal. Investors may choose to maintain the

property as a turnkey income generator or explore potential value-add

improvements to further enhance rental income.

Ideally located near Old Town Pasadena, the Rose Bowl, and key amenities,

this property is perfect for 1031 exchange buyers, investors, or those

looking to expand their rental portfolio.