965 N Summit Avenue, Pasadena, CA 91103

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
965 N Summit Avenue,Pasadena, CA 91103
$1,595,000
  • 9 Beds
  • 6 Baths
  • 4,275 sq. ft.
  • Multi-family
  • Active
Listed by:sam shakerchi
Office:compass
MLS#:25540149
Source:CRMLS

Price summary

  • Price:$1,595,000
  • Price per sq. ft.:$373.1

About this home

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.

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Home facts

  • Year built:1958
  • Listing ID #:25540149
  • Added:119 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:6
  • Living area:4,275 sq. ft.

Structure and exterior

  • Year built:1958
  • Building area:4,275 sq. ft.
  • Lot area:0.28 Acres

Finances and disclosures

  • Price:$1,595,000
  • Price per sq. ft.:$373.1
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