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965 N Summit Avenue, Pasadena, CA 91103
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$1,550,000
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Home Details for 965 N Summit Avenue
Price
$1,550,000
Type
other
Bedrooms
9
Total Bathrooms
6
Year Build
1958
Sq. Ft.
4275
Lot Size
0.2757
County
Los Angeles
MLS®️ Listing#
25540149
On exitrealty.com
176 days
Property Description
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.
- Parking
- Carport
Listing Courtesy: Compass - 310-230-5478. Presented by: Sam Shakerchi
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-30 17:45:18 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$1,550,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.