965 N Summit Avenue, Pasadena, CA 91103
Local realty services provided by:CENTURY 21 Allstars
965 N Summit Avenue,Pasadena, CA 91103
$1,512,000
- 9 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: sam shakerchi
Office: compass
MLS#:25540149
Source:CRMLS
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Price summary
- Price:$1,512,000
About this home
REDUCED and ready to sell! 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:301 day(s) ago
- Updated:March 29, 2026 at 06:20 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:6
- Kitchen Description:Refrigerator
Structure and exterior
- Year built:1958
- Levels:1 Story
Finances and disclosures
- Price:$1,512,000
Parking
- Total parking spaces:12
- Parking description:Carport
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