965 N Summit Avenue, Pasadena, CA 91103

  • $1,699,000
965 N Summit Avenue, Pasadena, CA 91103
Active
965 N Summit Avenue, Pasadena, CA 91103
965 N Summit Avenue, Pasadena, CA 91103
  • $1,699,000

Description

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.

  • Address 965 N Summit Avenue
  • City Pasadena
  • State/county CA
  • Zip/Postal Code 91103
  • Country US

Details

Updated on August 19, 2025 at 12:51 am
  • Property ID: 25540149
  • Price: $1,699,000
  • Property Size: 4275
  • Land Area: 0.2757 Acres
  • Bedrooms: 9
  • Bathrooms: 6
  • Garage Size: x x
  • Year Built: 1958
  • Property Type: Residential Income
  • Property Status: Active

Features

Contact Information

View Listings
Hoyt Hochman

Enquire About This Property

Compare listings

Compare
Hoyt Hochman
  • Hoyt Hochman